Portfolio-Management öffentlicher Gebietskörperschaften - Begriffe, Befunde, Bewertungen

Klaus-Peter Fox

Chapter 15 in List Forum Band 33, 2007, vol. 4, pp 310-329 from List Gesellschaft e.V.

Abstract: Public debt in the Federal State of Germany (,Bund', ,Länder' and ,Gemeinden') has grown to an enor-mous volume. Therefore it is necessary to search and find successful procedures to minimize the burden of the public debt with suitable forms of credits and derivatives. The author points out that there is a lack of clear concepts for public portfolio management procedures. They are not easily to find, because orien-tations (,Benchmarks') are limited and the content of controlling efforts is not yet clear. After all there are various orientations for possible procedures with the subject but no final solutions at hand. (Original text only available in german language)

Date: 2007
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