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Capital Markets and Central–Local Politics in Britain

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  • Sbragia, Alberta

Abstract

Local government borrowing is often referred to as a highly technical, not to say arcane, activity of local government. It should not be dismissed so easily. In reality, such borrowing illuminates broader relations between government and market by highlighting interdependencies which exist between central government, local government and financial markets.

Suggested Citation

  • Sbragia, Alberta, 1986. "Capital Markets and Central–Local Politics in Britain," British Journal of Political Science, Cambridge University Press, vol. 16(3), pages 311-339, July.
    • Handle: RePEc:cup:bjposi:v:16:y:1986:i:03:p:311-339_00
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    Cited by:

    1. Armin Mertens & Christine Trampusch & Florian Fastenrath & Rebecca Wangemann, 2021. "The political economy of local government financialization and the role of policy diffusion," Regulation & Governance, John Wiley & Sons, vol. 15(2), pages 370-387, April.
    2. Christine Trampusch & Florian Fastenrath, 2021. "States' interests as limits to the power of finance: Regulatory reforms in early local government financialization in the US and UK," Regulation & Governance, John Wiley & Sons, vol. 15(2), pages 245-261, April.

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