How urban financialization is achieved across different government levels receives limited attention. This study addresses the gap by examining the deployment of China’s local government bonds (LGBs). LGBs introduce a distinct financialization process in which the government relies on debt-financing for urban development, but in a regulated way to constrain financial risks. Urban financialization is realized through the multi-scalar structure of the government. The centralized procedure strengthens central and provincial regulations on local development projects. The multi-scalar government not only facilitates urban financialization but also executes statecraft by designing the process
In the past few decades, urban infrastructures in China have seen an enormous upgrade, and due to la...
Low-density urbanization threatens urban social and ecological sustainability not only directly by e...
Over the past few decades China’s subnational governments (SNGs) have issued prodigious amounts of d...
Financial intermediaries have been widely used in urban development. Since the global financial cris...
Financialized urban governance means that local governments have been increasingly reliant on financ...
Despite controversy over the meaning of financialization, there are two major dimensions to understa...
China has witnessed rapid urbanisation over the past three decades. It has been generally successful...
This special issue comprehensively researches China’s financialization and examines the transformati...
This paper examines the Urban Construction Investment Bond (UCIB) as a tradable product in the finan...
Local governments in China are facing heavy debt burdens, a low level of fiscal transparency and a l...
China has experienced more than 25 years of extraordinary economic growth. Underlying this growth ha...
Land finance, i.e., a city government's revenue, depends deeply on the revenue from transferring mul...
Illustrated by a case study on the urban development of a medium-sized city in China, this article d...
AbstractChina’s slowing economic growth and rapid urbanization have made local government debt finan...
This article provides a heuristic framework to address issues about China’s ongoing urbanization in ...
In the past few decades, urban infrastructures in China have seen an enormous upgrade, and due to la...
Low-density urbanization threatens urban social and ecological sustainability not only directly by e...
Over the past few decades China’s subnational governments (SNGs) have issued prodigious amounts of d...
Financial intermediaries have been widely used in urban development. Since the global financial cris...
Financialized urban governance means that local governments have been increasingly reliant on financ...
Despite controversy over the meaning of financialization, there are two major dimensions to understa...
China has witnessed rapid urbanisation over the past three decades. It has been generally successful...
This special issue comprehensively researches China’s financialization and examines the transformati...
This paper examines the Urban Construction Investment Bond (UCIB) as a tradable product in the finan...
Local governments in China are facing heavy debt burdens, a low level of fiscal transparency and a l...
China has experienced more than 25 years of extraordinary economic growth. Underlying this growth ha...
Land finance, i.e., a city government's revenue, depends deeply on the revenue from transferring mul...
Illustrated by a case study on the urban development of a medium-sized city in China, this article d...
AbstractChina’s slowing economic growth and rapid urbanization have made local government debt finan...
This article provides a heuristic framework to address issues about China’s ongoing urbanization in ...
In the past few decades, urban infrastructures in China have seen an enormous upgrade, and due to la...
Low-density urbanization threatens urban social and ecological sustainability not only directly by e...
Over the past few decades China’s subnational governments (SNGs) have issued prodigious amounts of d...