theory of local government finance and the debt regulation of local governments by Albert Breton

Cover of: theory of local government finance and the debt regulation of local governments | Albert Breton

Published by Institute for the Quantitative Analysis of Social and Economic Policy in Toronto .

Written in English

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  • Local finance.

Edition Notes

Includes bibliographical references.

Book details

SeriesWorking paper series - Institute for the Quantitative Analysis of Social and Economic Policy, University of Toronto -- no. 7513
LC ClassificationsHJ9105 .B74, HJ9105 B74
The Physical Object
Pagination23 leaves. --
Number of Pages23
ID Numbers
Open LibraryOL21715902M

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Viktória BOBÁKOVÁ, "The Formation of Regional Self-government in the Slovak Republic and theory of local government finance and the debt regulation of local governments book Sources of Funding," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol.

Local Governments Debt. Synonyms. Definition. Debt is a liability in which a creditor has a claim on the debtor. Debt instrument is a financial claim that requires payment(s) of interest and/or principal by the debtor to the creditor at a date, or dates, in the future.

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Previously Joseph worked in senior management positions in performance monitoring within the retail banking sector. There is no theory of local government.

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The report also identifies successful governance mechanisms for efficient. At the end ofstate and local governments had $ trillion in debt outstanding (figure 1). About 98 percent of this debt was long term or with a maturity of 13 months or longer, while the remaining 2 percent was short term.

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Decentralization is a global trend and local governments have been empowered in many countries in Latin America, Asia, and the Middle East and Africa, Europe and North America.

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Back of the envelope, this implies that local governments are paying interest rates percentage points above the prevailing treasury yield (about % on ten-year bonds) on the debts that will be swapped. This is an absurd and costly anomaly. By correcting it. Debt Obligation Reporting under Local Government Code, Section New - Inthe 86th Legislature passed House Bill which removes duplicative reporting requirements by updating Local Government Code §Starting on September 1,special purpose districts, as described by Government Code §(b), that annually submit the Special Purpose District Financial and Tax.

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The Theory and Practice of Local Government Reform _____ Edited by Brian E. Dollery and Lorenzo Robotti Giancarlo Pola is Full Professor of Local Government Finance and Dean of the Faculty of Economics, at the University of Ferrara in Italy.

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Section 4 tests the predictions using econometric models of public investment and a database that comprises all Bolivian municipalities. Section 5 concludes.

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Articulated by his book published inthe theory that government can use the budget to steer the economy can be attributed to John Maynard Keynes.

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Public finance. Government debt, also known as public interest, public debt, national debt and sovereign debt, contrasts to the annual government budget deficit, which is a flow variable that equals the difference between government receipts and spending in a single year.

THE ROLE AND PURPOSE OF LOCAL GOVERNMENT INTRODUCTION The existence of local government has always been defended on the basis that it is a crucial aspect of the process of democratization and intensification of mass participation in the.

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