According to the previous achievements, risk warning index system of local govern- mental debt has been designed. Based on the system, grey relevance method and advantages of BP nerve net in data processing has been absorbed to establish the warning model of risk index of local governmental debt. 27 pieces of sample data from 9 counties in the eastern, middle and western parts of China from 2007 to 2009 have been applied to analyze the risk of local governmental debt through the above method. The result proves that China~ s local governmental debt risk in recen years. Tests show that the index...
