Object

Title: Assessment of Efficiency of Debt Management by Local Government

Creator:

Cichocki, Krzysztof Stefan. Autor ; Bitner, Michał. Autor

Date issued/created:

2008

Resource Type:

Report

Subtitle:

Raport Badawczy = Research Report ; RB/30/2008

Publisher:

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

Place of publishing:

Warszawa

Description:

20 pages ; 21 cm ; Bibliography p. 20

Abstract:

The objective of the paper is to analyze and assess level of efficiency of debt management by local governments and development of structures and procedures that facilitate this efficiency. We present a model for debt management efficiency - theory and case study analysis based on data from local governments in Poland and their financial reports. In the model we develop 12 standards for measuring debt management efficiency, analyze the level of performance and satisfaction of these standards by a representative group of local government. Then we formulate observations, regarding implementation of the presented standards and recommendations - to enhance the observed situation in Poland and facilitate improvement of debt and financial management. The model is a novelty in municipal finance and debt literature.The objective of the paper is to analyze and assess level of efficiency of debt management by local governments and development of structures and procedures that facilitate this efficiency. We present a model for debt management efficiency - theory and case study analysis based on data from local governments in Poland and their financial reports. In the model we develop 12 standards for measuring debt management efficiency, analyze the level of performance and satisfaction of these standards by a representative group of local government. Then we formulate observations, regarding implementation of the presented standards and recommendations - to enhance the observed situation in Poland and facilitate improvement of debt and financial management. The model is a novelty in municipal finance and debt literature.The objective of the paper is to analyze and assess level of efficiency of debt management by local governments and development of structures and procedures that facilitate this efficiency. We present a model for debt management efficiency - theory and case study analysis based on data from local governments in Poland and their financial reports. In the model we develop 12 standards for measuring debt management efficiency, analyze the level of performance and satisfaction of these standards by a representative group of local government. Then we formulate observations, regarding implementation of the presented standards and recommendations - to enhance the observed situation in Poland and facilitate improvement of debt and financial management. The model is a novelty in municipal finance and debt literature.

Relation:

Raport Badawczy = Research Report

Resource Identifier:

oai:rcin.org.pl:110575

Source:

RB-2008-30

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.

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