China's National Balance Sheet: Theories, Methods and Risk Assessment [Hardcover]

With the goal of perfecting the national governance system and raising the countrys governance capability, this book systematically analyzes the characteristics and trajectory of Chinas economic expansion and structural adjustment, while also assessing a variety of short-term debt and long-term economic performance and financial risks. In addition to discussing the market-oriented reform process at the stage of economic development, institutional and structural characteristics, it presents research on the country as a whole, its residents, non-financial corporations, financial institutions and central banks, the central government, local government, and other external sectors.

On the basis of extensive data, the book analyzes the national and sectoral balance sheets in China and explores a number of major issues the country is currently facing, such as sustainable development, government restructuring, local debt, welfare reform, openness and stability of the financial system, etc., as well as suitable policy measures and institutional arrangements for addressing them.

Part 1 General Report.- 1 Introduction.- 2 Chinas National Balance Sheet: Preparation and Analysis.- 3 Preparation and Analysis of Chinas Sovereign Balance Sheet.- 4 Research on Total Debt Level and Whole society leverage ratio.- 5 Expansion of Balance Sheet with Chinese Characteristics.- 6 Balance Sheet Risk Assessment.- 7 Basic Conclusions and Policy Suggestions.- Part 2 Sectoral Analysis.- 8 Household Balance Sheet.- 9 Balance Sheets of Non-financial Corporations.- 10 Financial Sector Balance Sheets.- 11 Central Bank Balance Sheet.- 12 Central Government Balance Sheet.- 13 Local Government Balance Sheet.- 14 External Sector Balance Sheet.- Part 3 Related Topics.- 15 Pension Gap and Implicit Debt Forecast.- 16 Study of Value of Housing Assets of Residents.- 17 Comparison of National Wealth of China and the US and Estimation of the Value of Land Resources inls4