Search Results - subject:"Local insolvency"

Municipalities and excessive debt : local insolvency regimes as an alternative to bailouts?

Person, Christian - In: Local public finance : an international comparative …, (pp. 209-226). 2021

insolvency regimes as an alternative to municipal bailouts. First, the advantages and disadvantages of local insolvency regimes … will be discussed from a theoretical perspective. Subsequently, empirical evidence from existing local insolvency regimes … mechanism to restructure municipal debt within a well-structured procedure. Therefore, this chapter discusses the role of local …

Persistent link: https://www.econbiz.de/10012586973

General Considerations Concerning the Opening of Insolvency Proceedings of the Administrative-Territorial Units of Romania

Cenușe, Melinda - In: Annals of the University of Petrosani, Economics 13 (2013) 1, pp. 55-60

The main objective of this paper is to talk about the concept of insolvency of Romanian administrative-territorial units, because during this year the Government elaborated a special Emergency Ordinance referring to the financial crisis and insolvency of Romanian administrative-territorial...

Persistent link: https://www.econbiz.de/10011067049