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https://elibrary.tucl.edu.np/handle/123456789/5478Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | ADB; Ferrarini, Benno; Hinojales, Marthe | - |
| dc.date.accessioned | 2021-10-05T15:03:52Z | - |
| dc.date.available | 2021-10-05T15:03:52Z | - |
| dc.date.issued | 2018-01 | - |
| dc.identifier.isbn | N/A | - |
| dc.identifier.isbn | N/A | - |
| dc.identifier.issn | 2313-6537 | - |
| dc.identifier.issn | 2313-6545 | - |
| dc.identifier.uri | https://www.adb.org/publications/state-owned-enterprises-public-debt-sustainability-prc | - |
| dc.identifier.uri | https://elibrary.tucl.edu.np/handle/123456789/5478 | - |
| dc.description | The size of the state-owned enterprise contingent liability in relation to the People’s Republic of China’s gross domestic product appears to be manageable if dealt with decisively and bar a continuation of the past. The leverage of state-owned enterprises (SOE) in the People’s Republic of China (PRC) has grown to a large liability. While there is no room for complacency, there is no need for panic either; even if authorities had to step in to mop up as much as 20% of SOE debt at risk gone bad. This would appear to be manageable at roughly 2.7% of the gross domestic product in 2016 or 5.5% by 2021. The paper demonstrates a method to include SOE debt as a contingent liability in the public debt sustainability assessment framework. The authors of the paper further conclude that while corporate leverage is large, it appears fully manageable. | - |
| dc.format.extent | 24 | - |
| dc.subject.other | Governance and public sector management | - |
| dc.subject.other | Public financial management (budget) | - |
| dc.title | State-Owned Enterprises Leverage as a Contingency in Public Debt Sustainability Analysis: The Case of the People’s Republic of China | - |
| local.publication.country | Georgia | - |
| local.publication.country | Mongolia | - |
| local.publication.country | Philippines | - |
| Appears in Collections: | ADB Collections | |
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