The Role of Commercial Banks in Financing Debt of Local Government Units
The authors of the paper present the results of their research in the structure of resources used to cover financial deficit of institutions of public finance sector on central and local level. The authors also evaluate the consequences triggered by application of different methods of financing. The...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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University of Applied Sciences in Bielsko-Biała
2019-07-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| Subjects: | |
| Online Access: | https://91.241.33.211:443/index.php/asej/article/view/371 |
| _version_ | 1797225100544573440 |
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| author | Adam Żabka Beata Hoza |
| author_facet | Adam Żabka Beata Hoza |
| author_sort | Adam Żabka |
| collection | DOAJ |
| description | The authors of the paper present the results of their research in the structure of resources used to cover financial deficit of institutions of public finance sector on central and local level. The authors also evaluate the consequences triggered by application of different methods of financing. The aim of the paper is to analyse the reasons of low activity of local government units in obtaining financial resources directly from the capital market as compared to the State Treasury and commercial enterprises. By means of tools used in comparative analysis the authors juxtapose the most important parameters of primary and secondary markets of long-term debt securities issued by local government units, the State Treasury and commercial enterprises. |
| first_indexed | 2024-03-09T07:18:11Z |
| format | Article |
| id | doaj.art-c48a047f4d5842e182b3070c614f5471 |
| institution | Directory Open Access Journal |
| issn | 2543-9103 2543-411X |
| language | English |
| last_indexed | 2024-04-24T14:03:39Z |
| publishDate | 2019-07-01 |
| publisher | University of Applied Sciences in Bielsko-Biała |
| record_format | Article |
| series | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| spelling | doaj.art-c48a047f4d5842e182b3070c614f54712024-04-03T10:59:24ZengUniversity of Applied Sciences in Bielsko-BiałaZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2019-07-01232The Role of Commercial Banks in Financing Debt of Local Government UnitsAdam Żabka0Beata Hoza1Wyższa Szkoła Finanansów i Prawa w Bielsku-Białej Finansów i Technologii InformatycznychWyższa Szkoła Finansów i Prawa w Bielsku-Białej Finansów i Technologii InformatycznychThe authors of the paper present the results of their research in the structure of resources used to cover financial deficit of institutions of public finance sector on central and local level. The authors also evaluate the consequences triggered by application of different methods of financing. The aim of the paper is to analyse the reasons of low activity of local government units in obtaining financial resources directly from the capital market as compared to the State Treasury and commercial enterprises. By means of tools used in comparative analysis the authors juxtapose the most important parameters of primary and secondary markets of long-term debt securities issued by local government units, the State Treasury and commercial enterprises. https://91.241.33.211:443/index.php/asej/article/view/371budget deficitbank creditbank loanmunicipal bonds |
| spellingShingle | Adam Żabka Beata Hoza The Role of Commercial Banks in Financing Debt of Local Government Units Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej budget deficit bank credit bank loan municipal bonds |
| title | The Role of Commercial Banks in Financing Debt of Local Government Units |
| title_full | The Role of Commercial Banks in Financing Debt of Local Government Units |
| title_fullStr | The Role of Commercial Banks in Financing Debt of Local Government Units |
| title_full_unstemmed | The Role of Commercial Banks in Financing Debt of Local Government Units |
| title_short | The Role of Commercial Banks in Financing Debt of Local Government Units |
| title_sort | role of commercial banks in financing debt of local government units |
| topic | budget deficit bank credit bank loan municipal bonds |
| url | https://91.241.33.211:443/index.php/asej/article/view/371 |
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