New development: Implicit government debt in China-past, present and future

被引：6
|
作者：
Bo, Lan [1 ]
Jiang, Lei [1 ]
Mear, Fred C. J. [2 ]
Zhang, Shengqiang [1 ]
机构：
[1] Liaoning Univ, Sunwah Int Business Sch, Shenyang, Peoples R China
[2] De Montfort Univ, Leicester Castle Business Sch, Leicester, England
来源：
PUBLIC MONEY & MANAGEMENT | 2023年 / 43卷 / 04期
关键词：
China; debt resolution; government debt management; hidden debt; implicit debt; off balance sheet debt;
D O I：
10.1080/09540962.2022.2147290
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Since China's central government officially commented on the implicit debt in 2017, the government has been trying to eliminate the 'off balance sheet' or hidden debt. This article discusses the origin of implicit debt in China, the typical forms of implicit debt, the regulatory policies to make this debt transparent and bring it onto the balance sheets, as well as the effect current policies have had on the sources of debt. This article shows a comprehensive picture of the past, present and looks at the future of implicit government debt in China.
引用
收藏
页码：370 / 373
页数：4
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