This article considers appropriate debt-funding strategies for state and municipal governments in the presence of a positive, tax-exempt term premium. In this context, the term premium measures the additional expected funding cost from issuing fixed-rate debt as opposed to issuing floating-rate...

This article describes how with the emergence of ubiquitous technology, intelligence, and the rise of social networks facilitated by mobile Internet, big data, cloud computing and other emerging technologies, it has become a global trend that digital governance has been employed in the executive...