Moderate Scale Estimates of Local Government Debt Case of Jilin Province

DOI

10.2991/gecss-14.2014.19How to use a DOI?

Keywords

local government debt, appropriate scale, forecast, measure

Abstract

In order to prevent local government debt crisis, we established a theoretical model to estimate appropriate scale of local government debt in this paper. Example of Jilin Province, we forecast a moderate scale of local government debt in Jilin Province in next few years. The results show that the local government debt in Jilin Province has been more than the appropriate scale calculated by us. Therefore, local government must take some measures to enhance the financial strength, reduce the unnecessary expenditure of financial, clean-up of the existing local government debt and establish a debt service reserve system.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Daguang Yang
AU  - Cun Li
PY  - 2014/01
DA  - 2014/01
TI  - Moderate Scale Estimates of Local Government Debt Case of Jilin Province
BT  - Proceedings of the 2014 International Conference on Global Economy, Commerce and Service Science
PB  - Atlantis Press
SP  - 74
EP  - 77
SN  - 1951-6851
UR  - https://doi.org/10.2991/gecss-14.2014.19
DO  - 10.2991/gecss-14.2014.19
ID  - Yang2014/01
ER  -