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