Discussion on the Causes and Countermeasures of Local Government Debt
Abstract
The formation of local government debt has certain risks, which gradually affects the overall economic development of China. It is of great practical significance to explore the causes and countermeasures of local government debt. This paper focuses on the two aspects of “the causes for the formation of local government debt” and “countermeasures to resolve the local government debt”, hoping to bring some new inspiration to relevant departments and better promote the healthy development of China’s socialist market economy.
Keywords
Socialist Market Economy; Local Government; Debt Causes; Debt Countermeasures
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DOI: http://dx.doi.org/10.18686/ahe.v4i11.3008
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