Documents & Reports

Managing subnational credit and default risks (English)

Abstract

As a result of worldwide decentralization, subnational debt is rising. Subnational debt crises in major developing countries in the 1990s have led to strengthened regulatory frameworks for subnational borrowing and insolvency. With the fragility of the... See More +

Details

  • Liu, Lili; Waibel, Michael;
  • 2010/07/01
  • WPS5362
  • 1
  • 1
  • World
  • The World Region
  • 2010/07/19
  • Disclosed
  • Managing subnational credit and default risks
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