How Should Subnational Government Borrowing Be Regulated? : Some Cross-Country Empirical Evidence /

Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no sing...

Полное описание

Библиографические подробности
Главный автор: Plekhanov, Alexander
Другие авторы: Singh, Raju
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Working Papers; Working Paper ; No. 2005/054
Online-ссылка:Full text available on IMF

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