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- W2379947510 abstract "Since October 2009,there are so many arguments of LGFV in China's academia and media,which are not clarified.LGFV is not a scientifically defined concept,and its contents and scopes are different according to different government documents.There are many significant divergences on the roles and functions of LGFV.Actually,not one Chinese organization named LGFV.Concerning 'debt risk' of LGFV,existing evidences sound unreliable.For example,the assessment of the risk of bank loans is not true/certain,the estimation of the repayment of the loan lacks of financial common sense,while 'Land Finance' is an wrong term.Moreover,the nature of LGFV debt and its local government guarantee are ambiguous.To address the lack of funds of local government for urbanization,reform of financial system and relevant issues should be emphasized" @default.
- W2379947510 created "2016-06-24" @default.
- W2379947510 creator A5017571459 @default.
- W2379947510 date "2012-01-01" @default.
- W2379947510 modified "2023-09-24" @default.
- W2379947510 title "Rational Thinking of the Debt of Local Government Financing Vehicle(LGFV)" @default.
- W2379947510 hasPublicationYear "2012" @default.
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