How Long to Read Fiscal Policy and the Government Balance Sheet in China

By Mr. Waikei R Lam

How Long Does it Take to Read Fiscal Policy and the Government Balance Sheet in China?

It takes the average reader and 56 minutes to read Fiscal Policy and the Government Balance Sheet in China by Mr. Waikei R Lam

Assuming a reading speed of 250 words per minute. Learn more

Description

In this paper, we present the most comprehensive estimates of China’s government balance sheet to date. Based on these estimates, we show how major shifts in fiscal policy over the last two decades have shaped the health of the public sector prior to the Covid-19 pandemic. We find that, at US$12.5 trillion, China has the largest stock of financial assets in the world. However, its net financial worth as a percent of GDP—though still higher than the large majority of countries—has declined over the last decade. This trend can be traced back to the turn of the century when China undertook a major restructuring of its state-owned enterprises but left important shortcomings in the intergovernmental fiscal system unaddressed. Compounding these risks, reform momentum stalled in the aftermath of the global financial crisis leading to high leverage and falling profitability among state-owned enterprises.

How long is Fiscal Policy and the Government Balance Sheet in China?

Fiscal Policy and the Government Balance Sheet in China by Mr. Waikei R Lam is 55 pages long, and a total of 14,025 words.

This makes it 19% the length of the average book. It also has 17% more words than the average book.

How Long Does it Take to Read Fiscal Policy and the Government Balance Sheet in China Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 16 minutes to read Fiscal Policy and the Government Balance Sheet in China aloud.

What Reading Level is Fiscal Policy and the Government Balance Sheet in China?

Fiscal Policy and the Government Balance Sheet in China is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Fiscal Policy and the Government Balance Sheet in China?

Fiscal Policy and the Government Balance Sheet in China by Mr. Waikei R Lam is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Fiscal Policy and the Government Balance Sheet in China by Mr. Waikei R Lam on Amazon click the button below.

Buy Fiscal Policy and the Government Balance Sheet in China on Amazon