Documents & Reports

A new model for market-based regulation of subnational borrowing - the Mexican approach (English)

Abstract

Faced with weak sub-national finances that pose a risk to macroeconomic stability, Mexico's federal government in April 2000 established an innovative incentive framework to bring fiscal discipline to state and municipal governments. That framework is...  See More +

Details

  • Giugale, Marcelo; Korobow, Adam; Webb, Steven; Giugale, Marcelo*Korobow, Adam*Webb, Steven;
  • 2000/07/31
  • Policy Research Working Paper;
  • WPS2370
  • 1
  • 1
  • Mexico
  • Latin America & Caribbean
  • 2010/07/01
  • A new model for market-based regulation of subnational borrowing - the Mexican approach
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