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ISBN: 0821354647 / ISBN-13: 9780821354643

Subnational Capital Markets in Developing Countries: From Theory to Practice

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Within the framework of increasing decentralization, the need for local governments to access financial markets is growing. As urbanization expands, ... Show synopsis

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  • Subnational Capital Markets in Developing Countries: From Theory to Practice (World Bank Publications) – Trade paperback (2004)
    by Mila Freire (Editor), World Bank, John Petersen, Pro (Editor)

    Subnational Capital Markets in Developing Countries: From Theory to Practice

    Trade paperback, World Bank Publications
    2004
    English
    New ed.
    696 pages

    ISBN: 0821354647
    ISBN-13: 9780821354643

    A universal concern in developing and emerging countries is raising capital for investment in infrastructure. Subnational borrowing, leveraging on reliable casho flows and prudent fiscal management can be an alternative to fund such investments. This publication is about markets for subnational government debt and the successes and failures that emerging and transitioning nations have experienced in attempting to bring them about since the 1990s. It tries to assess these experiences and extract lessons which would help ... Show more

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