2002•Unpublished venueRequires access

Government Credit Crisis and Restoration

Heping Wang

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Abstract

Government credit is of great importance in social development. Without credit, all other forms of credit are difficult to exist independently and stand for a long period. Due to different kinds of complicated reasons, the credit of Chinese tends to decrease and there is a kind of government credit occurred. The writer has analyzed the major expressions of and causes for such crisis and discussed how to restore credit.

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What this paper is about

Government credit is of great importance in social development. Without credit, all other forms of credit are difficult to exist independently and stand for a long period. Due to different kinds of complicated reasons, the credit of Chinese tends to decrease and there is a kind of government credit occurred. The writer has analyzed the major expressions of and causes for such crisis and discussed how to restore credit.

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Available abstract

Government credit is of great importance in social development. Without credit, all other forms of credit are difficult to exist independently and stand for a long period. Due to different kinds of complicated reasons, the credit of Chinese tends to decrease and there is a kind of government credit occurred. The writer has analyzed the major expressions of and causes for such crisis and discussed how to restore credit.

Key concepts: Credit crunch, Government (linguistics), Credit reference, Credit history, Credit enhancement, Business, Credit card interest, Financial crisis

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