Object structure
Title:

Improvement of financial management by local government: computer model implementation

Subtitle:

Raport Badawczy = Research Report ; RB/66/2009

Creator:

Cichocki, Krzysztof

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

2009

Description:

23 pages ; 21 cm ; Bibliography p. 23

Subject and Keywords:

Ryzyko ; Finanse samorządu terytorialnego ; Local government ; Local finance ; Debt management ; Financial modelling ; Risk ; Modelowanie finansowe ; Zarządzanie długiem

Abstract:

The paper presents a computerized, optimization model for efficient financing of local investment. The model supports better governance and improvement of financial management at the local government level. An example of real life long-term budget analysis, with the help of the model is presented. The analysis exemplifies good practice and observation of standards of efficient debt management in the area of long-term financial and investment planning (Bitner, Cichocki, 2008) and enhances quality of governance by local managers. These analyses also demonstrate ways of accessing maximum, feasible level of investment and maximum capacity of a municipality to borrow with all safety measures provided.

Relation:

Raport Badawczy = Research Report

Resource type:

Text

Detailed Resource Type:

Report

Source:

RB-2009-66

Language:

eng

Language of abstract:

eng

Rights:

Creative Commons Attribution BY 4.0 license

Terms of use:

Copyright-protected material. [CC BY 4.0] May be used within the scope specified in Creative Commons Attribution BY 4.0 license, full text available at: ; -

Digitizing institution:

Systems Research Institute of the Polish Academy of Sciences

Original in:

Library of Systems Research Institute PAS

Projects co-financed by:

Operational Program Digital Poland, 2014-2020, Measure 2.3: Digital accessibility and usefulness of public sector information; funds from the European Regional Development Fund and national co-financing from the state budget.

Access:

Open

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