LRCCS Noon Lecture Series | China’s Local Government Debt: A Ticking Time Bomb?
In her talk, Professor Oi will examine and explain the history China’s local government debt problem and outline why local government financing vehicles (LGFVs) now face serious systemic liquidity risk. What are the tools the Chinese government can deploy to manage this situation in a way that maintains stability? And what are the risks inherent in these approaches?
Jean C. Oi is the William Haas Professor of Chinese Politics in the Department of Political Science and a Senior Fellow of the Freeman Spogli Institute for International Studies (FSI) at Stanford University. She directs the China Program at the Walter H. Shorenstein Asia-Pacific Research Center at FSI and is the founding Lee Shau Kee Director of the Stanford Center at Peking University. She received her PhD in political science from the University of Michigan.
Dr. Oi has published extensively on political economy and the process of reform in China. Recent books include "Fateful Decisions: Choices that will Shape China's Future," co-edited with Tom Fingar (2020); "Zouping Revisited: Adaptive Governance in a Chinese County," co-edited with Steven Goldstein (2018); and "Challenges in the Process of China's Urbanization," co-edited with Karen Eggleston and Yiming Wang (2017). Recent articles include “Firms as Revenue Safety Net: Political Connections and Returns to the Chinese State,” with Chaohua Han and Xiaojun Li, "China Quarterly," forthcoming. “China’s Local Government Debt: The Grand Bargain,” with Adam Liu and Yi Zhang, "The China Journal," volume 87, number 1, January 2022. “China’s Challenges: Now it Gets Much Harder,” co-authored with Thomas Finger, "The Washington Quarterly," Vol. 43 (Spring 2020.
Her current research continues to explore central-local relations, including local government debt and fiscal politics broadly defined. She is beginning a project on China’s Belt and Road Initiative.
f there is anything we can do to make this event accessible to you, please contact us. Please be aware that advance notice is necessary as some accommodations may require more time for the university to arrange.
|Event Type:||Lecture / Discussion|
|Tags:||Asia, China, Politics|
|Source:||Happening @ Michigan from Lieberthal-Rogel Center for Chinese Studies, International Institute, Asian Languages and Cultures|
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The International Institute’s centers sponsor numerous conferences, lectures, exhibits, and cultural performances throughout the year. These events are designed to educate the university community and the public about global issues and inspire discussion and dialogue.
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