Original scientific paper
https://doi.org/10.1080/1331677X.2022.2044881
The characteristics of local government debt governance: evidence from qualitative and social network analysis of Chinese policy texts
Xing Li
Yanli Zhou
Shuai Liu
Xiangyu Ge
Abstract
This paper takes 66 local government debt governance policy
texts from 2009 to 2019 as sample, and constructs an analysis
framework of ‘target debt - management measures - mechanism
guarantee’, derives up with identifying the characteristics of determining
local government debt governance in China. The results
show as follow: (i) It attaches more importance to the policy
design of ‘borrowing’, ‘repayment’ and ‘management’ on local
government debt instead of the ‘usage’ in China. (ii) The evidence
supports the relatively average coding distribution of each policy,
but the content is quite different. (iii) It manifests the new development
value of ‘people-oriented’ and the concept of collaborative
governance in the policy design. (iv) It has formed a ‘centreedge’
model for the governance of the local government debt.
This paper provides a new perspective for the study of the problems
of local government debt governance, and puts forward policy
recommendations for improving the governance of the local
government debt.
Keywords
Local government; debt governance; policy texts; qualitative text analysis
Hrčak ID:
302962
URI
Publication date:
31.3.2023.
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