China's National Balance Sheet (2015): Leverage Adjustment And Risk Management
by Yang Li /
2018 / English / PDF
8.9 MB Download
The book aims at perfecting the national governance system and
improving national governance ability. It evaluates the balance
sheets of the state and residents, non-financial corporations,
financial institutions and the central bank, the central
government, local government and external sectors – the goal being
to provide a systematic analysis of the characteristics and
trajectory of China’s economic expansion and structural adjustment,
as well as objective assessments of short and long-term economic
operations, debt risks and financial risks with regard to the
institutional and structural characteristics of economic
development in market-oriented reform. It puts forward a
preliminary analysis of China’s national and sectoral balance
sheets on the basis of scientific estimates of various kinds of
data, analyzes from a new perspective the major issues that are
currently troubling China – development sustainability, government
transformation, local government debt, welfare reform, and the
financial opening-up and stability – and explores corresponding
policies, measures, and institutional arrangements.
The book aims at perfecting the national governance system and
improving national governance ability. It evaluates the balance
sheets of the state and residents, non-financial corporations,
financial institutions and the central bank, the central
government, local government and external sectors – the goal being
to provide a systematic analysis of the characteristics and
trajectory of China’s economic expansion and structural adjustment,
as well as objective assessments of short and long-term economic
operations, debt risks and financial risks with regard to the
institutional and structural characteristics of economic
development in market-oriented reform. It puts forward a
preliminary analysis of China’s national and sectoral balance
sheets on the basis of scientific estimates of various kinds of
data, analyzes from a new perspective the major issues that are
currently troubling China – development sustainability, government
transformation, local government debt, welfare reform, and the
financial opening-up and stability – and explores corresponding
policies, measures, and institutional arrangements.