IDEAS home Printed from https://ideas.repec.org/p/phd/dpaper/dp_1996-06.html
   My bibliography  Save this paper

Local Government Units` Access to the Private Capital Markets

Author

Listed:
  • Lamberte, Mario B.
  • Manasan, Rosario G.
  • Llanto, Gilberto M.
  • Laya, Jaime C.
  • Avila, Antonio

Abstract

The devolution of functions and responsibilities to LGUs has translated to the expectations of an improved delivery of public goods and services. However, LGU funding, mainly coming from the national government, loans from the government-owned financial institutions and Municipal Development Fund, have not been sufficient to meet the LGU requirement. This study provides results and analyses that can assist the government in developing a policy and institutional framework for the establishment of a municipal credit system well participated by the private sector.

Suggested Citation

  • Lamberte, Mario B. & Manasan, Rosario G. & Llanto, Gilberto M. & Laya, Jaime C. & Avila, Antonio, 1996. "Local Government Units` Access to the Private Capital Markets," Discussion Papers DP 1996-06, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_1996-06
    as

    Download full text from publisher

    File URL: https://www.pids.gov.ph/publication/discussion-papers/local-government-units-access-to-the-private-capital-markets
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Antonio Estache, 1994. "World Development Report: Infrastructure for Development," ULB Institutional Repository 2013/44144, ULB -- Universite Libre de Bruxelles.
    2. Étienne Gilbert, 1994. "Banque mondiale, World Development Report 1994, Infrastructure for development," Revue Tiers Monde, Programme National Persée, vol. 35(140), pages 939-939.
    3. Anwar Shah & Zia Qureshi & Amaresh Bagchi & Brian Binder & Heng-fu Zou, 1994. "Intergovernmental fiscal relations in Indonesia: issues and reform options," CEMA Working Papers 474, China Economics and Management Academy, Central University of Finance and Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Manasan, Rosario G., 2007. "Local Public Finance in the Philippines: Lessons in Autonomy and Accountability," Philippine Journal of Development PJD 2005 Vol. XXXII No. 2, Philippine Institute for Development Studies.
    2. Mila Freire & John Petersen & Marcela Huertas & Miguel Valadez, 2004. "Subnational Capital Markets in Developing Countries : From Theory to Practice," World Bank Publications - Books, The World Bank Group, number 15044, December.
    3. Romeo M. Bautista & Mario B. Lamberte, 1996. "The Philippines: Economic Developments and Prospects," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 10(2), pages 16-31, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gustavo Ferro & Omar O. Chisari, 2010. "Tópicos de Economía de la Regulación de los Servicios Públicos," Working Papers hal-00473038, HAL.
    2. Prabir De, 2010. "Governance, Institutions, and Regional Infrastructure in Asia," Governance Working Papers 22878, East Asian Bureau of Economic Research.
    3. Jesse M Cunha & Giacomo De Giorgi & Seema Jayachandran, 2019. "The Price Effects of Cash Versus In-Kind Transfers," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(1), pages 240-281.
    4. Nagesh Kumar & Prabir De, 2008. "East Asian Infrastructure Development in a Comparative Global Perspective : An Analysis of RIS Infrastructure Index," Development Economics Working Papers 22114, East Asian Bureau of Economic Research.
    5. Paul A. Acquah, 2008. "Securing International Finance: Issues of Debt Management, Prospects and Modalities," Papers Presented at Africa Meetings of the Emerging Markets Forum 2008acquah, Emerging Markets Forum.
    6. repec:peb:papers:321 is not listed on IDEAS
    7. Prabir De & Biswa N. Bhattacharyay, 2007. "Deepening India–Bangladesh Economic Cooperation : Challenges and Opportunities," Macroeconomics Working Papers 22098, East Asian Bureau of Economic Research.
    8. World Bank, 2003. "Decentralizing Indonesia : A Regional Public Expenditure Review Overview Report," World Bank Publications - Reports 14632, The World Bank Group.
    9. Chatterjee, Santanu & Sakoulis, Georgios & Turnovsky, Stephen J., 2003. "Unilateral capital transfers, public investment, and economic growth," European Economic Review, Elsevier, vol. 47(6), pages 1077-1103, December.
    10. Daniel Edevbaro, 1997. "Promoting Education within the Context of a Neo-Patrimonial State: The Case of Nigeria," WIDER Working Paper Series wp-1997-123, World Institute for Development Economic Research (UNU-WIDER).
    11. Thomas M. Steger, 2000. "Productive Consumption and Growth in Developing Countries," Review of Development Economics, Wiley Blackwell, vol. 4(3), pages 365-375, October.
    12. Mary M. Shirley, 1997. "POLICY ARENA: The Economics and Politics of Government Ownership," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(6), pages 849-864.
    13. Estache, Antonio & Goicoechea, Ana, 2005. "A"research"database on infrastructure economic performance," Policy Research Working Paper Series 3643, The World Bank.
    14. T. G. Arun & F. I. Nixson, 1998. "The transition of a public sector monopoly: India's experience with telecommunications," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(3), pages 387-395.
    15. David Wildasin, 1996. "Introduction: Fiscal Aspects of Evolving Federations," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 3(2), pages 121-135, May.
    16. William Roy, 2004. "L'investissement public dans les infrastructures de transport est-il source de croissance endogène ?," Post-Print halshs-00103274, HAL.
    17. Mustafa Ismihan & Kivilcim Metin-Ozcan & Aysit Tansel, 2002. "Macroeconomic Instability, Capital Accumulation and Growth: The Case of Turkey 1963-1999," Working Papers 0209, Economic Research Forum, revised 21 Mar 2002.
    18. Kodrat Wibowo & Bagdja Muljarijadi & Rullan Rinaldi, 2011. "Allocation Mechanism Of Equalization Fund In Indonesia: Current Condition And Alternative Proposals Of Specific Grant In Sub National Level," Working Papers in Economics and Development Studies (WoPEDS) 201108, Department of Economics, Padjadjaran University, revised Sep 2011.
    19. Carmen Marchiori, 2010. "Concern for Fairness and Incentives in Water Negotiations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(4), pages 553-571, April.
    20. Ramirez, M.D., 2006. "Latin American Investment Perfomance During the 1980-2002 Period: A Panel Cointegration Approach," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(2).
    21. Argentino Pessoa, 2004. "Institutional innovations, growth performance and policy," ERSA conference papers ersa04p157, European Regional Science Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_1996-06. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aniceto Orbeta (email available below). General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.