Publication details
Financial market – The possibility for local government financing
| Authors | |
|---|---|
| Year of publication | 2018 |
| Type | Article in Proceedings |
| Conference | The Challenges of Local Government Financing in the Light of European Union Regional Policy |
| MU Faculty or unit | |
| Citation | |
| Web | Open access fakulty |
| Keywords | Financial; Market; Investing; Local government |
| Attached files | |
| Description | This contribution deals with financial market as one of the many possibilities for local government financing. It’s a different, non-public way of financing, but still reasonable. Any legal entity, including the local government units have the chance to perform in different ways on the financial market and get more possible sources of own financing. Many towns and cities has used this possibility in past years and many of them has lost great amount of their own budgets after financial crisis in 2008, so it’s a question whether they could use this platform of financing and how restricted they should be. The main aim of the contribution is to confirm or disprove the hypothesis that only stable financial market could be the place, where local government unit might invest its own finance. Analysis, description and synthesis are the most common scientific methods applied in this contribution. |