Making widespread use of municipal bonds in Scotland?
This article considers the possibilities for widespread use of municipal bonds to finance public sector infrastructure, with particular reference to Scotland. Provided the various control measures recommended in this article are in place, there can be few objections either in principle or practice and they would be a highly desirable secure form of debt, so helping ease the current credit crunch.
Year of publication: |
2009
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Authors: | Bailey, Stephen J. ; Asenova, Darinka ; Hood, John |
Published in: |
Public Money & Management. - Taylor & Francis Journals, ISSN 0954-0962. - Vol. 29.2009, 1, p. 11-18
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Publisher: |
Taylor & Francis Journals |
Saved in:
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