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180614 ||| eng |
| 020 |
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|a 9781475545289
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| 100 |
1 |
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|a Maliszewski, Wojciech
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| 245 |
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0 |
|a Resolving China's Corporate Debt Problem
|c Wojciech Maliszewski, Serkan Arslanalp, John Caparusso, Jose Garrido, Si Guo, Joong Kang, Waikei Lam, Daniel Law, Wei Liao, Nadia Rendak, Philippe Wingender, Jiangyan Yu, Longmei Zhang
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2016
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| 300 |
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|a 43 pages
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| 651 |
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4 |
|a China, People's Republic of
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Solvency
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Bankruptcy
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| 653 |
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|a Corporation and Securities Law
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| 653 |
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|a Budgeting & financial management
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| 653 |
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|a Credit booms
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| 653 |
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|a Liquidation
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| 653 |
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|a Intangible Capital
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| 653 |
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|a Loans
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| 653 |
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|a Money
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Mortgages
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| 653 |
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|a Debt
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| 653 |
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|a Credit
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Financial institutions
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| 653 |
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|a Financial sector policy and analysis
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| 653 |
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|a Government liabilities
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| 653 |
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|a Capital
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| 653 |
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|a Public financial management (PFM)
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| 653 |
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|a Banks and banking
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| 653 |
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|a Capacity
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| 653 |
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|a Banking
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| 653 |
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|a Finance: General
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| 653 |
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|a Industrial Price Indices
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Budgeting
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| 653 |
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|a Finance
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| 653 |
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|a Industrial Organization and Macroeconomics: Industrial Structure and Structural Change
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| 653 |
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|a Investment
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| 653 |
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|a Budget
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| 653 |
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|a Banks
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| 653 |
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|a Monetary economics
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| 653 |
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|a Debt Management
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| 653 |
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|a Banks and Banking
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| 700 |
1 |
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|a Arslanalp, Serkan
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| 700 |
1 |
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|a Caparusso, John
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| 700 |
1 |
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|a Garrido, Jose
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781475545289.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2016/203/001.2016.issue-203-en.xml?cid=44337-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial Crisis. Investment efficiency has fallen and the financial performance of corporates has deteriorated steadily, affecting asset quality in financial institutions. The corporate debt problem should be addressed urgently with a comprehensive strategy. Key elements should include identifying companies in financial difficulties, proactively recognizing losses in the financial system, burden sharing, corporate restructuring and governance reform, hardening budget constraints, and facilitating market entry. A proactive strategy would trade off short-term economic pain for larger longer-term gain
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