How Long to Read Local Government Financing Platforms in China

How Long Does it Take to Read Local Government Financing Platforms in China?

It takes the average reader and 30 minutes to read Local Government Financing Platforms in China by Yinqiu Lu

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

Description

China’s rapid credit expansion in 2009–10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are posing to the financial sector, local governments, and sovereign balance sheet. This paper argues that LGFPs were a fortune for China in the past, but would turn out to be a misfortune if the causes of the rapid expansion of LGFPs are not addressed promptly. In this context, the paper proposes ways to avoid misfortune by: acknowledging and addressing the revenue and expenditure mismatches at the local government level; establishing a comprehensive framework to regulate and supervise local government budgets; ensuring the sustainability of the financial resources obtained from the sale of land use rights; and developing local government bond markets and promoting financial reforms.

How long is Local Government Financing Platforms in China?

Local Government Financing Platforms in China by Yinqiu Lu is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Local Government Financing Platforms in China Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Local Government Financing Platforms in China aloud.

What Reading Level is Local Government Financing Platforms in China?

Local Government Financing Platforms 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 Local Government Financing Platforms in China?

Local Government Financing Platforms in China by Yinqiu Lu is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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