The political Economy of Township Government Debt, Township Enterprises, and Rural Financial Institutions in China

Ong, Lynette

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The political Economy of Township Government Debt, Township Enterprises, and Rural Financial Institutions in China

Date

2006

Authors

Ong, Lynette

Publisher

Cambridge University Press

Abstract

This article sheds light on the ways in which township governments mobilized resources from local financial institutions, and how failure to repay many of these loans gave rise to sizeable local government debt. Mobilization of resources was done through