Results 31 to 40 of about 14,088 (156)
[Excerpt] In the public sector, debt results when public organizations borrow money from an individual or another organization with the promise of repayment at a later date (Mikesell 2013).
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The Structure of Public Debt and the Criteria of Its Sustainability
Theoretical background: Sustainable development is a wide and developing economic concept. The sustainability of public finances is one of its basic parts.
Paweł Piątkowski
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This chapter examines local government debts in China. A 2011 government audit showed that bank loans, bond issuance, and borrowing from higher levels of the government contributed 79 per cent, 7 per cent, and 4 per cent, of local government debts, respectively.
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A Geographical Approach to China’s Local Government Debt
Since the 2010s local government debt has boomed in China because the government relies on debt financing for infrastructure investment. The debt mainly consists of the issuance of Chengtou bonds and later local government bonds. Using data from more than 300 cities from 2009 to 2020, this article maps its spatial dynamics to further the understanding ...
Li, Zhenfa, Wu, Fulong, Zhang, Fangzhu
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Research on the Influence of Local Government Debt on Enterprise Debt Financing
In recent years, China's local government debt and corporate debt issues have attracted the attention of academia and the government. At present, the financing difficulties of SMEs have become a problem in the industry. Although the existing literature has studied the impact of local government debt on the debt financing of micro enterprises, the ...
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The debt of local government units is, to a large extent, the sum of repayment of commitments contracted to carry out investment projects. It is not surprising that in the literature of the subject local government debt is presented mainly as good ...
Daniel Jurewicz
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A Critique of Debt Financing for Local Governments
The dichotomy between pay-as-you-go (taxation financing) and pay-as-you-use (debt financing) methods of financing municipal projects, etc, is the area of concern in this paper. While there arc advantaees and disadvantages to both forms, debt financing carries a considerable amount of baggage known as interest.
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Liquidity constraints, real estate regulation, and local government debt risks
Given the existence of real estate market bubbles and risks arising from high government debt, countries are faced with the challenge of preventing systemic risks.
Xiao-Li Gong +3 more
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Local Government Debt and Municipal Bonds in China: Problems and a Framework of Rules
Local governments in China are facing heavy debt burdens, a low level of fiscal transparency and a lack of constraints by local democracy. Since 2008, local government debts have skyrocketed.
Xingyuan Feng
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Impact of Local Government Debt on Regional Innovation and Entrepreneurship: Evidence from China
Local government debt serves as a crucial source of funding for local governments to provide public services and steer regional economic development.
Li Dai, Yuqi Yang, Yifan Bao, Zongze Li
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