Descentralização e endividamento municipal: formas, limites e possibilidades [Decentralization and municipal indebtedness: modes, constraints, and possibilities]
The objective of this article is to discuss alternatives to finance investments by municipalities. In general, current revenues are insufficient to finance large investments, what brings about the necessity of municipal indebtedness. These could assume different manners, according to the nature of the investment: if it is typically public or if it offers private return. For the first case, we discuss the possibilities of a municipal bond market and, for the second, we discuss project finance and the participation of the private sector.
Volume (Year): 12 (2002)
Issue (Month): 2 (July-December)
|Contact details of provider:|| Postal: |
Phone: +55 31 3409-7000
Web page: http://www.face.ufmg.br/Email:
More information through EDIRC
|Order Information:|| Postal: Av. Antonio Carlos, 6627 - Predio da FACE Belo Horizonte, 31270-901 Brazil|
Web: http://www.face.ufmg.br/novaeconomia/ Email:
When requesting a correction, please mention this item's handle: RePEc:nov:artigo:v:12:y:2002:i:2:p:109-130. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sibelle Diniz)
If references are entirely missing, you can add them using this form.