Until Debt Do Us Part : Subnational Debt, Insolvency, and Markets
With decentralization and urbanization, the debts of state and local governments and of quasi-public agencies have grown in importance. Rapid urbanization in developing countries requires large-scale infrastructure financing to help absorb influxes of rural populations. Borrowing enables state and l...
| Main Authors: | , |
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| Format: | Publication |
| Language: | en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/12597 |