附註:Includes bibliographical references (pages 593-606) and index.
Political, legal, and financial framework / John Petersen, Mila Freire -- Borrowing instruments and restrictions on their use / John Petersen, Miguel Valadez -- Characteristics of financial market regulation and disclosure / John Petersen -- Evaluating, monitoring, and assisting subnational governments / John Petersen, Marcela Huertas -- Policy guidelines / John Petersen, Mila Freire -- Argentina / Rodrigo Trelles Zabala -- Brazil / Rodrigo Trelles Zabala, Giovanni Giovanelli -- Colombia / Rodrigo Trelles Zabala -- Mexico / Steven Hochman, Miguel Valadez -- South Africa / Matthew Glasser, Roland White -- Zimbabwe / Roland White, Matthew Glaser -- Morocco / Samir El Daher -- Tunisia / Samir El Daher -- People's Republic of China / John Petersen -- Republic of Korea / John Petersen -- India / Pryianka Sood -- Indonesia / Robert Kehew, John Petersen -- The Philippines / John Petersen -- Bulgaria / Peter D. Ellis, Kremena Ionkova -- Czech Republic / João C. Oliveira, Jorge Martinez-Vazquez -- Hungary / Pryianka Sood -- Poland / Miguel Valadez, John Petersen -- Russian Federation / Asad Alam, Stepan Titov, John Petersen.
摘要:"This book, prepared by staff members of the World Bank and selected guest contributors, consists of two parts. The first part comprises a framework to study subnational governments as borrowers and the array of credit markets in which they may operate. The second part consists of case studies that document the recent experience of 18 countries in developing markets for subnational borrowers and offer lessons about fostering responsible credit market access within a framework of fiscal and financial discipline. The book pools information on the issuing of municipal debt and its characteristics, analyzes the role of macroeconomic conditions and market development in the success or failure of those borrowings, and suggests recommendations to guide ongoing efforts. The goal is to assist local governments in working as strategic partners in the development and strengthening of the capital markets in emerging economies."--Jacket
