Local Government Borrowing in Europe - Lessons for Croatia (CROSBI ID 514514)
Prilog sa skupa u zborniku | izvorni znanstveni rad
Podaci o odgovornosti
Drezgić, Saša
engleski
Local Government Borrowing in Europe - Lessons for Croatia
The paper surveys models of local public borrowing across Europe. It begins by discussing some theoretical issues on local deficit financing. Positive and negative sides of local public borrowing are analysed. Legal framework for local borrowing in EU members and the relation between the sub-national government fiscal discipline and rigidity of constraints on borrowing is also examined. At the end, Croatian model of local borrowing is presented. Some lessons are drawn from experience of EU countries. Finally, according to theoretical and empirical finding, some proposals for improving the Croatian model of sub-national borrowing are stipulated.
deficit financing; EU; local public borrowing; local public investments
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Podaci o prilogu
1-15.
2005.
objavljeno
Podaci o matičnoj publikaciji
5th International Conference Economic integrations, competition and cooperation
Kandžija, Vinko
Rijeka: Ekonomski fakultet Sveučilišta u Rijeci
Podaci o skupu
International Conference Economic Integrations, competition and cooperation (5 ; 2005)
predavanje
22.04.2005-23.04.2005
Lovran, Hrvatska