Subnational Public Debt in China and Germany: A Comparative Perspective

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Abstract

Subnational public debt poses problems, including both China and Germany. In context, the total public debt amounted to 54% of GDP in China in 2012 and 74% in Germany in 2015. However, total general government debt in Japan was 274%, and 198% in Greece and 104% in USA.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Speyer UniversitySpeyerGermany
  2. 2.TianjinChina

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