by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal debt
Author: David SCHLEICHER In a Bad State provides the first comprehensive historical and theoretical analysis of how the federal government has addressed subnational debt crises. Tracing the long history of state and local borrowing, David Schleicher argues that...
by rpafdaccess | Sep 26, 2024 | Financial distress, Harmonisation, Insolvency, Local authorities, Local public entities, Model law, News, Uncitral
Author: Laura N COORDES, Yseult MARIQUE, Eugenio VACCARI This article provides a rationale for a potential model law for the treatment of distressed local public entities (LPEs). Building upon our previous work, a first-of-its-kind global study of the treatment of...
by rpafdaccess | Sep 9, 2024 | China, Financial distress, Insolvency, Local government, News, Public-private partnerships, UN sustainable development goals
Author: Shuai GUO, Rebecca PARRY, Eugenio VACCARI Local governments have played a pivotal role in China’s rapid economic growth, yet they have simultaneously faced unique financial pressures. The demands on local governments have increased significantly due to...
