Local Government Financing Platforms in China : A Fortune or Misfortune? /

China's rapid credit expansion in 2009-10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are posing to the financial sector, local governments, and sovereign balance sheet. This...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Lu, Yinqiu
Άλλοι συγγραφείς: Sun, Tao
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2013.
Σειρά:IMF Working Papers; Working Paper ; No. 2013/243
Διαθέσιμο Online:Full text available on IMF