Session

-Session 12

Session 12

TitleMunicipal Debt: Defusing the Simmering Local Government Debt Crisis
TimeMar. 27th 15:15 - 16:30
PlaceICC, Level 1, Dong Yu Grand Ballroom B
Description

- Local governments worldwide borrow money to finance deficits. There’s nothing wrong about that. However, some countries like the United States, can largely maintain a healthy balance sheet, while others, such as Latin American economies, are plagued with protracted debt crises. What makes the difference?
- What’s special about local government debts in China?
- Municipal debt trial in China
- Rating municipal debts

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