02429nam 2200589 a 450 991046321910332120200520144314.00-8213-9767-2(CKB)2670000000339551(EBL)1154783(OCoLC)831117416(SSID)ssj0000834553(PQKBManifestationID)12346749(PQKBTitleCode)TC0000834553(PQKBWorkID)10982030(PQKB)10964253(MiAaPQ)EBC1154783(Au-PeEL)EBL1154783(CaPaEBR)ebr10662092(CaONFJC)MIL464558(EXLCZ)99267000000033955120121206d2013 uy 0engurcn|||||||||txtccrUntil debt do us part[electronic resource] subnational debt, insolvency, and markets /editors, Otaviano Canuto and Lili LiuWashington, D.C. World Bank20131 online resource (654 p.)Description based upon print version of record.0-8213-9766-4 Includes bibliographical references and index.pt. 1. Subnational debt restructuring -- pt. 2. Subnational insolvency framework -- pt. 3. Developing subnational debt 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 local governments to capture the benefits of major capital investments immediately and to finance infrastructure more equitably across multiple generations of service users.With debt comes the risk of insolvency. Subnational debt crises have reoccurred in both developed and developing countries. RestDebts, PublicBankruptcyFiscal policyElectronic books.Debts, Public.Bankruptcy.Fiscal policy.336.3/4Canuto Otaviano871606Liu Lili(Economist)989352MiAaPQMiAaPQMiAaPQBOOK9910463219103321Until debt do us part2262575UNINA