New development: China's debt transparency and the case of urban construction investment bonds

被引：13
|
作者：
Bo, Lan [1 ,2 ]
Mear, Fred C. J. [3 ,4 ]
Huang, Jingchi [5 ]
机构：
[1] Liaoning Univ, Sunwah Int Business Sch, Shenyang, Peoples R China
[2] De Montfort Univ, Leicester, Leics, England
[3] De Montfort Univ, Accounting & Finance Dept, Leicester, Leics, England
[4] Liaoning Univ, Shenyang, Peoples R China
[5] Wuhan Univ, Sch Polit Sci & Publ Adm, Wuhan, Peoples R China
来源：
PUBLIC MONEY & MANAGEMENT | 2017年 / 37卷 / 03期
关键词：
China; local government investing and financing platforms; public-private partnerships; special purpose vehicles; urban construction investment bonds (UCIBs);
D O I：
10.1080/09540962.2017.1282254
中图分类号：
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要：
China's true level of local government debt is unknown. The central government recently introduced policies to increase transparency and close some of the obscure financial instruments. Urban construction investment bonds (UCIBs) are one of the key instruments affected by these changes. Both positive and negative impacts can be expected. The issues the Chinese government is facing and its policy response provide important lessons for other governments.
引用
收藏
页码：225 / 230
页数：6
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