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This paper provides a framework to assess the impact of infrastructure investment expected under the Belt and Road Initiative (BRI) on the debt vulnerabilities of countries that are located on BRI transport and connectivity corridors in the absence of comprehensive and consistent information on...
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expenditures, as in China and India, the impact was magnified. Increases in recurrent expenditure, which were made in Brazil and … India, acted as short-term stimulants; additional public investment, as in China, appears to have had a more lasting impact … restricted the contribution of Brazilian states to fiscal stimulus. Legal prohibition of subnational borrowing induced China …
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China's government economic stimulus package in 2008-09 appears to have worked well. It seems to have been about the … built into subnational fiscal mechanisms in federal countries. Moreover, China's massive fiscal stimulus played an important … particular relevance today for China, as well as other countries, in formulating policy response to another global economic …
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National debts management and macroeconomic regulation -- Empirical analysis of china's national debts since the reform … of economic system in 1978 -- Empirical analysis of the influence of china's national debts on total social demand -- On … issuance -- Several opinions about the scale of china's national debts -- Macro views on taxation : analysis of several current …
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"Since the onset of the twelfth Five-Year Plan, China has been at the forefront as an innovative nation based on a … systematic fiscal and taxation policies. This book analyses the status quo and possible optimization of China's fiscal and … taxation policies. By drawing comparisons with other countries, as well as a practical investigation into the lessons China has …
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