Cargando…
Subnational Capital Markets in Developing Countries : From Theory to Practice.
"This book, prepared by staff members of the World Bank and selected guest contributors, consists of two parts. The first part comprises a framework to study subnational governments as borrowers and the array of credit markets in which they may operate. The second part consists of case studies...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor Corporativo: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. : New York, NY :
World Bank ; Oxford University Press,
©2004.
|
| Colección: | World Bank e-Library.
|
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | "This book, prepared by staff members of the World Bank and selected guest contributors, consists of two parts. The first part comprises a framework to study subnational governments as borrowers and the array of credit markets in which they may operate. The second part consists of case studies that document the recent experience of 18 countries in developing markets for subnational borrowers and offer lessons about fostering responsible credit market access within a framework of fiscal and financial discipline. The book pools information on the issuing of municipal debt and its characteristics, analyzes the role of macroeconomic conditions and market development in the success or failure of those borrowings, and suggests recommendations to guide ongoing efforts. The goal is to assist local governments in working as strategic partners in the development and strengthening of the capital markets in emerging economies."--Jacket |
|---|---|
| Descripción Física: | 1 online resource (xliii, 651 pages) : illustrations |
| Bibliografía: | Includes bibliographical references (pages 593-606) and index. |
| ISBN: | 9780821354643 0821354647 0585495092 9780585495095 6610085129 9786610085125 1280085126 9781280085123 |