Borrowing by Subnational Governments : Issues and Selected International Experiences /
This paper presents various models of control with advantages and disadvantages, the balance of which would make it more or less suitable to a particular country's circumstances. As these circumstances evolve-as fiscal and macro imbalances improve or worsen-the preferable model may change over...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1996.
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Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 1996/004 |
Online Access: | Full text available on IMF |