Abstract
Subnational public debt poses problems, including both China and Germany. In context, the total public debt amounted to 54% of GDP in China in 2012 and 74% in Germany in 2015. However, total general government debt in Japan was 274%, and 198% in Greece and 104% in USA.
Cite
CITATION STYLE
APA
Färber, G., & Wang, Z. (2017). Subnational public debt in China and Germany: A comparative perspective. In Fiscal Underpinnings for Sustainable Development in China: Rebalancing in Guangdong (pp. 95–121). Springer Singapore. https://doi.org/10.1007/978-981-10-6286-5_5
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