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- W1576951742 abstract "A widespread practice when constituent units of the Russian Federation make loans has a great impact on the regional budget and concerns interests of all economic entities. At present there are objective conditions to diversify loans through recommencing a practice of the sub-federal bonds issue because institutional and private investors create a demand. The development of the sub-federal bonds market lowers the regional needs in financial resources, reduces a price of domestic debt, and increases the forecasting quality of financial plans. However, this long-lasting trend may cause a critical financial burden both on regional budgets and the regional financial system which is a main lender for the regional economy." @default.
- W1576951742 created "2016-06-24" @default.
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- W1576951742 date "2003-01-01" @default.
- W1576951742 modified "2023-09-27" @default.
- W1576951742 title "Loans as a domestic debt of constituent units of the Russian Federation" @default.
- W1576951742 hasPublicationYear "2003" @default.
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