The South Carolina Office of the State Treasurer annually publishes reports on the annual state debt and local government debt. The local debt report provides information on the outstanding debt obligations of all local governments, as submitted to the agency.
The South Carolina Office of the State Treasurer annually publishes reports on the annual state debt and local government debt. The local debt report provides information on the outstanding debt obligations of all local governments, as submitted to the agency.
The South Carolina Office of the State Treasurer annually publishes reports on the annual state debt and local government debt. The local debt report provides information on the outstanding debt obligations of all local governments, as submitted to the agency.
China's local government debt (LGD) has recently become the focus of economic policy debates. However, information about LGD and its impact on economic growth in the Chinese economy is scarce. This paper attempts to present an empirical investigation of the impact of China's LGD on economic growth. It is probably the first of its kind to focus on China and thus contributes to the general literature on the relationship between government debt and economic growth. The paper first provides an assessment of LGD in China's regional economies, using recently released auditing statistics and other available secondary information. It then applies conventional growth analysis methods to examine the impact of LGD on regional growth in China. Various scenario and sensitivity analyses are also conducted, to accommodate the inadequacy and potentially poor quality of debt statistics. Publication
In the French institutional framework, local government borrowing policy is under the tight control of central agencies. An econometric model of the borrowing behavior of local governments between 1965 & 1980 is presented based on data from the Ministry of the Interior's Direction geneale des collectivites locales on 687 local communes with populations of 10,000+. The roles of internal determinants, external constraints, & macroeconomic policy measures from the central government are emphasized. 3 Tables, 13 References. Modified HA
ABSTRACTAfter a sharp increase, the public debt of French local communities has been stabilized in real terms: its amount reached 54 per cent of total public debt in 1980. In the French institutional framework, local government borrowing policy is under the tight control of central agencies. An econometric model of the borrowing behaviour of local governments since 1965 is presented; it emphasizes the role of internal determinants of local debt (needs for investment, self-financing ability of governments), external constraints (e.g. interest rates and the financial resources of lenders, such as households savings), and finally the impact of macroeconomic policy measures from the central government.