地方政府融资平台风险管理问题研究…以上海市普陀区为例-research on risk management of local government financing platform … taking putuo district, shanghai as an example.docxVIP

THE LOCAL GOVERNMENT FINANCING PLATFORM FOR RISK MANAGEMENT---USING DISTRICT PUTUO AS AN EXAMPLEABSTRACTRelying on the local government financing platform, local government has efficiently relieved from its deficit while still supporting an expanding fiscal policy, this has promoted the process of urbanization and improved infrastructure extensively. In doing so, such platforms have successfully help our government to avoid a recession. However, it comes with various risks and might create many hidden prices for us to pay, and ultimately affects the growth of our economy in the long run. Ther