Examines rebalancing and sustainable development in China, with a special focus on Guangdong--which presents a microcosm for the whole country--, particular the impacts of the governance context on local financing instruments for sustainable development The issue of responsible governance at different levels of administration is a key focus, covering tax and spending policy, access to credit and other financing mechanisms, such as PPPs Presents a unique analysis of specific underrated public policy issues in China, from the macro to the institutional and micro levels, shedding new light on the fiscal challenges in the near future
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