Person, Christian - In: Local public finance : an international comparative …, (pp. 209-226). 2021
of insolvency and bankruptcy, which can have tremendous negative repercussions on service delivery by municipalities … insolvency regimes as an alternative to municipal bailouts. First, the advantages and disadvantages of local insolvency regimes … will be discussed from a theoretical perspective. Subsequently, empirical evidence from existing local insolvency regimes …
