Subnational Credit Ratings : A Comparative Review

This paper surveys methodological issues in subnational credit ratings and highlights key challenges for developing countries. Subnational borrowing from capital markets has been on the rise owing to fiscal decentralization and demand for infrastru...

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Bibliographic Details
Main Authors: Liu, Lili, Tan, Kim Song
Language:English
Published: 2012
Subjects:
BID
TAX
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090805152909
http://hdl.handle.net/10986/4206