In this paper, we present the most comprehensive estimates of China’s government balance sheet to date. Based on these estimates, we show how major shifts in

Corporate credit growth in China has been excessive in recent years. This credit boom is related to the large increase in investment after the Global Financial

Transparency in government operations is widely regarded as an important precondition for macroeconomic fiscal sustainability, good governance, and overall fisc

"This is a very important book."--Martin Wolf, Financial TimesA provocative look at how today's trade conflicts are caused by governments promoting the interest

The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Governme