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Information resolution and subnational capital markets

Title
Information resolution and subnational capital markets / Christine R. Martell, Tima T. Moldogaziev, and Salvador Espinosa.
ISBN
9780190089368 (ebook) :
Publication
New York, NY : Oxford University Press, 2021.
Physical Description
1 online resource (216 pages) : illustrations (black and white).
Local Notes
Access is available to the Yale community.
Notes
Also issued in print: 2021.
Description based on online resource; title from home page (viewed on August 27, 2021).
Access and use
Access restricted by licensing agreement.
Summary
Global trends in decentralisation and the growing role of world cities have increased the importance of infrastructure development. But with competing incentives of suppliers and borrowers of capital in the web of institutional governance arrangements, information problems are inevitable. Understanding how local choices affect these larger trends can help national and city actors not just avoid being paralysed by information problems, but actually improve information resolution. In this book Christine R. Martell, Tima Moldogaziev, Salvador Espinosa argue that capital markets are a viable financing alternative for subnational borrowers. They explain how subnational governments can manage their fiscal and debt choices to leverage capital markets to finance efficient, effective, and equitable infrastructure provision.
Variant and related titles
Oxford scholarship online.
Other formats
Print version :
Format
Books / Online
Language
English
Added to Catalog
October 01, 2021
Series
Oxford scholarship online.
Oxford scholarship online
Bibliography
Includes bibliographical references and index.
Audience
Specialized.
Citation

Available from:

Online
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