Municipal Bond Debt and Sustainability in a Non-Mature Financial Market: The Case of Italy

Local government (LG) debt increased worldwide during the past decade. Yet, LGs need increased access to financing so they can maintain and expand their community’s infrastructure. Expanding an LG’s bond-related debt (while continuing to meet ongoing debt-service obligations) is...

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Bibliographic Details
Main Authors: Emanuele Padovani, Luca Rescigno, Jacopo Ceccatelli
Format: Article
Language:English
Published: MDPI AG 2018-09-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/10/9/3249