Le retour de l'État sur le marché des financements locaux
By: DALBERA, Jean-Louis
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ArticlePublisher: Paris : IIAP, oct./déc. 1997Revue Française D'Administration Publique 84, p. 645-652Abstract: State has not given up interving in the market of local financing, which is nonetheless deregulated, in order to prevent local authorities from getting excessively into debt. Via its particular relations with certain credit establishments state implicitly influences market mechanism. A real liberalisation of this secor is brought about through the possibility for local authorities to manage their own funds
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State has not given up interving in the market of local financing, which is nonetheless deregulated, in order to prevent local authorities from getting excessively into debt. Via its particular relations with certain credit establishments state implicitly influences market mechanism. A real liberalisation of this secor is brought about through the possibility for local authorities to manage their own funds
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