Making choice of borrowed instruments on financial markets by Russian regional and municipal governments

  • L.A. Erkes Siberian Branch of the Russian Presidential Acade my of National Economy and Public Administration
Keywords: borrowings of authorities, subfederal and municipal bonds, credits of regional and municipal governments

Abstract

The article examines distinctions between bonds and credits as methods of financial borrowings of regional and municipal governments, organizes factors that influence on the choice of loan instruments on financial markets, and describes principles of selecting the way of borrowings.

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Author Biography

L.A. Erkes, Siberian Branch of the Russian Presidential Acade my of National Economy and Public Administration

аспирант кафедры региональной экономики

Published
2011-06-30
How to Cite
Erkes, L. (2011). Making choice of borrowed instruments on financial markets by Russian regional and municipal governments. Eurasian Journal of Economics and Management, (1), 118-123. Retrieved from https://journals.vsu.ru/econ/article/view/9918