What Should China Learn From European Sovereign Debt Crisis
Authors
Yifan Sun, Lisha Chen
Corresponding Author
Yifan Sun
Available Online June 2013.
- DOI
- 10.2991/icetms.2013.272How to use a DOI?
- Keywords
- debt crisis; fiscal risk; government debt.
- Abstract
For China, the lesson of European countries is an important warning for China’s 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 economic 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.
- Copyright
- © 2013, 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/).
Cite this article
TY - CONF AU - Yifan Sun AU - Lisha Chen PY - 2013/06 DA - 2013/06 TI - What Should China Learn From European Sovereign Debt Crisis BT - Proceedings of the 2013 Conference on Education Technology and Management Science (ICETMS 2013) PB - Atlantis Press SP - 1005 EP - 1006 SN - 1951-6851 UR - https://doi.org/10.2991/icetms.2013.272 DO - 10.2991/icetms.2013.272 ID - Sun2013/06 ER -