What Should China Learn From European Sovereign Debt Crisis
For China, the lesson of European countries is an important warning for Chinas national debt management.High levels of economic growth and fiscal revenue of cannot continue for a long time, while there is a pressure to the growth of financial expenditure, and the increase of budget deficit and national debt from the national public eeonomic management system, the urgent demand of social transformation and supply responsibilities of public goods are not clearly defined.To understand the potential risks of the debt crisis and adopt a rational response strategy has been a practical requirement.
debt crisis fiscal risk government debt
Sun Yifan Chen Lisha
College of Management Hebei University Baoding,R.R.China Faculty of Management Universiti Teknologi Malaysia Skudai,Malaysia
国际会议
南京
英文
227-228
2013-06-08(万方平台首次上网日期,不代表论文的发表时间)