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Showing 1 to 1 of 1 for “"LGFVs Bond"”.

  1. Urbanisation and Fiscal Risks in China

    … is on local government financing vehicles’ (LGFVs) borrowing costs and land finance. It finds that local governments with higher land leasing revenue could bring down the borrowing costs of local LGFVs, while a higher ratio of land revenue to fiscal revenue would raise LGFVs’ borrowing costs. …

    cambridge Repository record for Urbanisation and Fiscal Risks in China (opens in a new tab)