China's Local Government Bond Market

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 the sound development of the bond markets? This paper... READ MORE...

Publication date: September 2018
ISBN 9781484378410
$18.00

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Publication date: September 2018

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