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Local Public Debt Management: Lessons From Greece In Inclusive Economic Perspective

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  • STEVEN ROSEFIELDE

    (Department of Economics, University of North Carolina at Chapel Hill, USA)

  • YIYI LIU

    (#x2020;Education Policy Initiative at Carolina, University of North Carolina, USA)

Abstract

This paper discusses the potential dangers of adversarial debt management in China between central and local authorities. It draws lessons from Germany’s recent mishandling of the Greek debt crisis to illustrate nuances and stresses the wisdom of cooperation and mutual support in restoring balance to local Chinese finance. Inclusive economic theory provides additional insight.

Suggested Citation

  • Steven Rosefielde & Yiyi Liu, 2018. "Local Public Debt Management: Lessons From Greece In Inclusive Economic Perspective," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(04), pages 967-980, September.
    • Handle: RePEc:wsi:serxxx:v:63:y:2018:i:04:n:s0217590817420061
    DOI: 10.1142/S0217590817420061
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    Cited by:

    1. Bruno Dallago & Stephen Rosefielde, 2019. "The strange fate of Brexit and Grexit and the Eurozone: Integration and disintegration," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 13(1), March.
    2. Rosefielde Steven, 2017. "Salvaging the European Union: The Inclusive Multi-Track Supranational Option," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 8(3), pages 7-18, December.

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