Local Government Debt: Its Positive Role and Potential Problems

DOI

10.2991/978-94-6463-702-1_90How to use a DOI?

Keywords

Local Government Debt; Economic Development Problems; Countermeasures

Abstract

Local government debt is the debt formed by local governments to raise funds for infrastructure projects, including direct borrowing, arrears bond guarantees, etc. Its scale depends on the decision-making and management efficiency of local governments. It plays a key role in driving regional economic development, improving public services, improving lives, and responding to crises. Through debt financing, local governments have accumulated high-quality assets and consolidated the economic foundation. It is necessary to deeply analyze its potential problems and put forward feasible improvement suggestions to promote the scientific adjustment and growth mode transformation of local economic and social development.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Jiayue Yang
PY  - 2025
DA  - 2025/05/05
TI  - Local Government Debt: Its Positive Role and Potential Problems
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 869
EP  - 875
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_90
DO  - 10.2991/978-94-6463-702-1_90
ID  - Yang2025
ER  -