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...

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מידע ביבליוגרפי
מחבר ראשי: Lu, Yinqiu
מחברים אחרים: Sun, Tao
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2013.
סדרה:IMF Working Papers; Working Paper ; No. 2013/243
גישה מקוונת:Full text available on IMF