The Logic of a Creditworthy Government: A Institutional Analysis of Local Government Credit Deficiency in the Transformation Period

Author: He Xianming
Publisher:
Publish Date: 2007-01-01
Features: Currently, research on the issue of government credit construction in the academic circles of China is still in its early stages. There is a need for in-depth and specific studies on the social and historical background of local government credit crises during the transition period, the intrinsic logic of local government credit crises, and the political prerequisites and institutional reform paths for building creditworthy governments. This book is the research outcome of a key project under the "11th Five-Year Plan" for Philosophy and Social Sciences of Zhejiang Province. The author has made a preliminary attempt to conduct a systematic study on the credit issues of local governments during the transition period. Based on a general theoretical analysis of the fundamental issues related to social credit and government credit, the book focuses on the social and historical background of social structure transformation and institutional restructuring. It delves into an in-depth and specific exploration of the intrinsic logic of local government credit crises, as well as provides a preliminary analysis of the political prerequisites for building creditworthy governments and the institutional construction issues involved in such efforts.