China's Local Government Bond Market /

Local governments play a significant role in China's public finance and fiscal operations. The size of local government debt has grown rapidly over the past years, exceeding the stock of sovereign debt in China. How does this development compare to other countries and what policies can foster t...

Full description

Bibliographic Details
Main Author: Lam, W. Raphael
Other Authors: Wang, Jingsen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/219
Subjects:
Online Access:Full text available on IMF