Rebalancing Act: China’s Fiscal Reform Challenge
Published By: Institute for Security and Development Policy | Published Date: April, 17 , 2014This policy brief examines China’s inter-connected economic challenges of structural and fiscal reform, arguing that promotion of domestic consumption away from fixed-asset investment could further exacerbate the fiscal mismatch between the central and local levels of government—with increasing local government indebtedness and potential for social unrest if not appropriately addressed.
Author(s): Per Olsson | Posted on: Mar 12, 2016 | Views()