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Více informací o knize Government Fiscal Transparency on Municipal Bond Issuance

• Parametry knihy
• Anotace
• Oblíbené z jiného soudku

Nákupem získáte 177 bodů

Anotace knihy

The act of borrowing, obtaining funds today in exchange for a promise to pay them back tomorrow, is one of the most potent and profound activities undertaken in public finance. There is currently in excess of $1.8 trillion in outstanding municipal debt, comprising obligations of approximately 50,000 issuers in 2008. Municipal bonds are more related to the public, because the cost of public debt will be paid by the taxpayers. How to lower the borrowing cost efficiently? The previous studies did not provide a satisfactory answer. This book reviews the development of the municipal market, studies information asymmetry in the market, and proposes a new approach to lowering the borrowing cost - improving government fiscal transparency. The analysis provides helpful suggestions to municipal bond underwriters, issuers, regulators, and analysts.

Parametry knihy

• Plný název: Government Fiscal Transparency on Municipal Bond Issuance
• Autor: Tiankai Wang
• Jazyk: Angličtina
• Vazba: Brožovaná
• Počet stran: 124
• EAN: 9783639016055
• ISBN: 9783639016055
• ID: 08909021
• Nakladatelství: VDM Verlag Dr. Mueller E.K.
• Hmotnost: 177 g
• Rozměry: 229 × 152 × 7 mm
• Datum vydání: 16. May 2008

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