02531oam 22006135 450 991078611590332120200520144314.00-8213-9767-210.1596/978-0-8213-9766-4(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(The World Bank)17551475(US-djbf)17551475(EXLCZ)99267000000033955120121206d2013 uf 0engurcn|||||||||rdacontentrdamediardacarrierUntil debt do us part subnational debt, insolvency, and markets /Otaviano Canuto and Lili Liu, EditorsWashington, D.C. :The World Bank,2013.1 online resource (pages cm)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. RestWorld Bank e-Library.Debts, PublicBankruptcyFiscal policyDebts, Public.Bankruptcy.Fiscal policy.336.3/4Canuto Otaviano1465799Liu Lili(Economist)1495422DLCDLCBOOK9910786115903321Until debt do us part3719503UNINA