Sub-National Borrowing, Is It Really a Danger?
Due to widespread decentralization of spending responsibilities, increasing revenue power and borrowing capacity of sub-national governments, sub-national borrowing has become an increasingly important source of sub-national finance. While there are arguments for and against giving sub-national auth...
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ScholarWorks @ Georgia State University
2011
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Online Access: | http://scholarworks.gsu.edu/econ_diss/77 http://scholarworks.gsu.edu/cgi/viewcontent.cgi?article=1079&context=econ_diss |