Documents & Reports

Subnational debt, insolvency, and market development (English)

Abstract

State and local debt and the debt of quasi-public agencies have grown in importance as a result of fiscal decentralization, rapid urbanization, and the increasing role played by private capital. However, with debt comes the risk of insolvency. This note... See More +

Details

  • Canuto, Otaviano; Liu, Lili;
  • 2013/04/01
  • Brief
  • 76379
  • 1
  • 1
  • World
  • The World Region
  • 2013/04/04
  • Disclosed
  • Subnational debt, insolvency, and market development
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