Open Access BASE2003
Local Government Finance and Bond Markets
Abstract
The Asian financial crisis has underscored the need for both public and private sectors to diversify sources of funds to finance development projects. The domestic capital market is a fertile source that has not been successfully utilized for development financing, especially prior to the crisis. In particular, domestic bond markets are one of the instruments that could help put potential resources to more productive use, and are even a viable alternative source of financing for development projects.
Themen
Sprachen
Englisch
Verlag
Asian Development Bank
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