The role of Municipal Bonds as a source of finance to finance Self-Governing territorial units Cover Image

Roli i obligacioneve komunale si një burim i pagueshëm për të financuar njësitë territoriale vetë-qeverisëse
The role of Municipal Bonds as a source of finance to finance Self-Governing territorial units

Author(s): Maria Jastrzębska
Subject(s): Public Administration, Post-Communist Transformation
Published by: ASET Albanian Socio - Economic Think - Tank
Keywords: Political Transition; Economic Transition; Public Finances in Poland
Summary/Abstract: In the late 1980s, shortly before the start of the transition period, two levels of public administration (local and regional) operated, but both were controlled by the state. The system was considered to be too centralized and costly and on the other hand was neither efficient nor creative for local and regional representatives. The process of political and economic transition, which began in 1989, was a major challenge for the revival of local autonomy. One of the strategic goals of the local government reform in 1990 was the implementation of the decentralization of state power.

  • Page Range: 109-117
  • Page Count: 9
  • Publication Year: 2009
  • Language: Albanian
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