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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Detaylı Bibliyografya
Yazar: Lu, Yinqiu
Diğer Yazarlar: Sun, Tao
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2013.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2013/243
Online Erişim:Full text available on IMF