Publication:
Romania Municipal Finance Policy Note

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2014-08-19T21:29:26Z
dc.date.available2014-08-19T21:29:26Z
dc.date.issued2008-06-03
dc.description.abstractThe policy note is organized as follows: the first section reviews the local government structure and fiscal system and discusses how it can be improved to better enable local governments to efficiently fulfill their functions. The second section then examines the state of municipal utilities. The third and the final section examines the recent evolution, opportunities and challenges ahead for the development of the sub-national debt market, analyzes key deficiencies and proposes priority reforms in the legal and regulatory framework for local government borrowing, and proposes a strategy to increase the access of sub-national entities to the sub-national debt market, based on a range of technical assistance and financial support instruments carefully attuned to sub-national entities' risk profiles.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/06/9543661/romania-municipal-finance-policy-note
dc.identifier.doi10.1596/19479
dc.identifier.urihttps://hdl.handle.net/10986/19479
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO BANK
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectAUCTIONS
dc.subjectBAILOUT
dc.subjectBAILOUTS
dc.subjectBANK ACCOUNT
dc.subjectBANK BORROWING
dc.subjectBANK LENDING
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBASIS POINTS
dc.subjectBENEFICIARIES
dc.subjectBOND
dc.subjectBOND ISSUANCE
dc.subjectBOND ISSUES
dc.subjectBOND RATING
dc.subjectBOND UNDERWRITERS
dc.subjectBONDS
dc.subjectBUDGET CONSTRAINT
dc.subjectBUDGET CONSTRAINTS
dc.subjectCADASTRE
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL GRANT
dc.subjectCAPITAL GRANT SYSTEM
dc.subjectCAPITAL GRANTS
dc.subjectCASH FLOWS
dc.subjectCENTRAL GOVERNMENT FINANCING
dc.subjectCENTRAL GOVERNMENT GUARANTEE
dc.subjectCOMMERCIAL BANKS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCREDIT ENHANCEMENT
dc.subjectCREDIT GUARANTEE
dc.subjectCREDIT INSTITUTIONS
dc.subjectCREDIT MARKETS
dc.subjectCREDIT QUALITY
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCREDIT RATINGS
dc.subjectCREDIT RISK
dc.subjectCREDITOR
dc.subjectCREDITORS
dc.subjectCREDITWORTHINESS
dc.subjectDEBT
dc.subjectDEBT FINANCING
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT MARKET
dc.subjectDEBT OBLIGATION
dc.subjectDEBT OBLIGATIONS
dc.subjectDEBT RELIEF
dc.subjectDEBT SERVICE
dc.subjectDECENTRALIZATION
dc.subjectDEFAULT RATING
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDOMESTIC BANK
dc.subjectDOMESTIC BANKING
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC CURRENCY
dc.subjectDOMESTIC MARKET
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET ECONOMIES
dc.subjectEUROBOND
dc.subjectEXCESS LIQUIDITY
dc.subjectEXCHANGE COMMISSION
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MANAGEMENT CAPACITY
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL RISKS
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCING REQUIREMENTS
dc.subjectFISCAL CAPACITY
dc.subjectFISCAL CONSTRAINTS
dc.subjectFIXED COUPON
dc.subjectFOREIGN CURRENCY
dc.subjectGOVERNMENT BANKRUPTCY
dc.subjectGOVERNMENT BANKRUPTCY FRAMEWORK
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT BORROWINGS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT BUDGETING
dc.subjectGOVERNMENT BUDGETS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT DEBT MARKET
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT GUARANTEE
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT REVENUE
dc.subjectHOUSEHOLD INCOME
dc.subjectIMPLICIT GUARANTEE
dc.subjectINCOME SECURITY
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINDIVIDUAL LOANS
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSTRUMENT
dc.subjectINTERGOVERNMENTAL RELATIONS
dc.subjectINTERGOVERNMENTAL TRANSFER
dc.subjectINTERGOVERNMENTAL TRANSFERS
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL CREDIT
dc.subjectINTERNATIONAL CREDIT RATING
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL RATING AGENCIES
dc.subjectINTERNATIONAL RATING AGENCY
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL PROVISIONS
dc.subjectLEGISLATION
dc.subjectLENDERS
dc.subjectLENDING DECISIONS
dc.subjectLEVEL PLAYING FIELD
dc.subjectLIABILITY
dc.subjectLOAN
dc.subjectLOAN AGREEMENT
dc.subjectLOAN GUARANTEES
dc.subjectLOAN MATURITIES
dc.subjectLOAN SIZE
dc.subjectLOCAL ADMINISTRATION
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL DEBT
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENT BORROWING
dc.subjectLOCAL GOVERNMENT ORGANIZATION
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL INFRASTRUCTURE
dc.subjectMARKET ACCESS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET DISCIPLINE
dc.subjectMARKET ECONOMY
dc.subjectMARKET MECHANISMS
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET PLAYER
dc.subjectMATURITY
dc.subjectMATURITY EXTENSION
dc.subjectMICRO-ENTERPRISES
dc.subjectMORAL HAZARD
dc.subjectMORTGAGE
dc.subjectMORTGAGE MARKET
dc.subjectMUNICIPAL FINANCE
dc.subjectMUNICIPAL INVESTMENTS
dc.subjectMUNICIPAL LOANS
dc.subjectMUNICIPALITIES
dc.subjectNATIONAL BANK
dc.subjectNATIONAL TREASURY
dc.subjectOVERDRAFT FACILITIES
dc.subjectPARTIAL CREDIT
dc.subjectPAYMENT OBLIGATIONS
dc.subjectPERSONAL INCOME
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO ALLOCATIONS
dc.subjectPORTFOLIO DIVERSIFICATION
dc.subjectPORTFOLIO RISK
dc.subjectPRIVATE BANK
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE FINANCE
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE LENDER
dc.subjectPROCEDURES FOR APPEAL
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC SERVICE PROVISION
dc.subjectREGISTRATION FEES
dc.subjectREGULATORY AUTHORITY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREPAYMENT
dc.subjectRESERVE
dc.subjectRESERVE FUND
dc.subjectRESERVE REQUIREMENTS
dc.subjectRETURNS
dc.subjectREVENUE ASSIGNMENT
dc.subjectREVENUE BONDS
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT STRATEGIES
dc.subjectRISK PROFILE
dc.subjectRISK PROFILES
dc.subjectSAVINGS
dc.subjectSHORT-TERM LIQUIDITY
dc.subjectSOVEREIGN GUARANTEE
dc.subjectSOVEREIGN RATING
dc.subjectSTAMP DUTIES
dc.subjectSTOCK EXCHANGE
dc.subjectSUB-NATIONAL DEBT
dc.subjectSUB-NATIONAL DEBT MARKET
dc.subjectSUB-NATIONAL ENTITIES
dc.subjectSUBORDINATED DEBT
dc.subjectTARIFF REVENUE
dc.subjectTARIFF REVENUES
dc.subjectTAX
dc.subjectTAX CODE
dc.subjectTAX COLLECTION
dc.subjectTAX RATES
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRANCHE
dc.subjectTRANCHES
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectUNDERLYING ASSETS
dc.titleRomania Municipal Finance Policy Noteen
dspace.entity.typePublication
okr.date.disclosure2008-06-11
okr.date.doiregistration2025-05-07T09:21:39.034026Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2008/06/9543661/romania-municipal-finance-policy-note
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid607531468100750040
okr.identifier.externaldocumentum000334955_20080613040533
okr.identifier.internaldocumentum9543661
okr.identifier.report38357
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/06/13/000334955_20080613040533/Rendered/PDF/383570ESW0P09610BOX327397B01PUBLIC1.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRomania
okr.sectorPublic Administration, Law, and Justice :: Compulsory pension and unemployment insurance
okr.sectorPublic Administration, Law, and Justice :: Law and justice
okr.sectorPublic Administration, Law, and Justice :: Compulsory health finance
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.sectorTransportation :: Railways
okr.themeEconomic management :: Analysis of economic growth
okr.themePublic sector governance :: Administrative and civil service reform
okr.themePublic sector governance :: Decentralization
okr.themeRule of law :: Legal institutions for a market economy
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics and Finance
okr.topicUrban Development::Municipal Financial Management
okr.topicPublic Sector Development
okr.unitPoverty Reduction/Econ Mngmt (ECSPE)
okr.volume1 of 1
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