China's slowing economic growth and rapid urbanization have made local government debt financing a significant issue … disclosure of financial information by local governments on their debt financing costs. The results show that financial … of debt financing. Furthermore, increased government economic intervention increases the strength of the association …

Debt Overhang is a controversial issue in the eurozone countries and is considered as one of the factors which created … the current economic crisis. How to deal with sovereign debt has been debated both at the theoretical and policy making … level. This paper looks at the Greek debt and four options are discussed: (a) unilateral default (b) unilaterally imposed …