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View Research by Author - Mark D. Belcher

Publications

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Romania: Municipal Creditworthiness and Local Government Decentralization (Research Report)
Mark D. Belcher, Victor Cionga, Francis J. Conway, Petru Filip, Valeriu Ionescu

This report examines the creditworthiness and capacity to borrow of municipalities in Romania. It summarizes principal findings and recommendations of the study, examines the intergovernmental financing system and aggregate, local-government finances in Romania. Also addressed are the legal framework and principal legal issues affecting local government's financial condition and creditworthiness. The report also summarizes the local-level analyses that were carried out for four larger municipalities and their corresponding regii autonomes and judets.

Posted to Web: April 01, 1997Publication Date: April 01, 1997

 

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