Discussion on the value realization mechanism and hidden debt risk prevention of XOD Model:A case study of water-security-guarantee oriented development(WOD)Mode
At present,a single financial investment is far from being able to meet the needs of urban and rural construction and development,and XOD mode has emerged as an innovative way of project portfolio implementation,which needs to be realized through three mechanisms of portfolio investment,premium recovery and synergy,as well as three principles of cor-relation,integrated development and self-balancing.As for WOD mode,the implementation of the relevant projects usually needs to go through 5 major stages.By analyzing the operation mechanism and process,it is found that in the implementa-tion process of the WOD mode,there may be hidden debt risks for local governments if it is operated improperly.However,such risks can be reduced to a certain extent by optimizing the operating conditions,implementing the projects in accord-ance with the law,and establishing a whole-process risk control system.
XOD modeWOD modevalue realization mechanismhidden debt risks for local governmentsoperation process
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