Eurobonds: Three Lessons from China’s “Debt Centralization/Decentralization” Experience

Eurobonds, dubbed as Coronabonds in the context of the current coronavirus crisis, are being hotly debated among the euro area member states amid the COVID-19 pandemic. The debate is in many ways a retread of the euro area sovereign debt crisis of 2011–2012. As China’s “debt centralization/decentral...

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Veröffentlicht in:The Economists' voice 2021-12, Vol.18 (1), p.67-80
1. Verfasser: An, Zhiyong
Format: Artikel
Sprache:eng
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