Financial health of a local government refers to its ability to be solvent, both in the short and long run, and at the same time to maintain a certain minimum level of services for its community; the related concept of fiscal distress is associated with the ability of a local government to meet short and long-term financial obligations and avoid State takeover or bankruptcy.
Financial Health and Distress in Local Government / Padovani, Emanuele. - ELETTRONICO. - (2016), pp. 1-10. [10.1007/978-3-319-31816-5_2314-1]
Financial Health and Distress in Local Government
PADOVANI, EMANUELE
2016
Abstract
Financial health of a local government refers to its ability to be solvent, both in the short and long run, and at the same time to maintain a certain minimum level of services for its community; the related concept of fiscal distress is associated with the ability of a local government to meet short and long-term financial obligations and avoid State takeover or bankruptcy.File in questo prodotto:
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