Problemas de financiamiento en gobiernos locales: ¿cuál es el papel de la Banca de Desarrollo?

Fausto Hernandez-Trillo

No DTE 398, Working Papers from CIDE, División de Economía

Abstract: This study shows that financing municipalities in Mexico is a segmented market. On the one hand, metropolitan and large municipalities have access to funds through the traditional, though efficient, channels such as commercial banking loans or the money-bond-market. In this sense these concentrate their efforts to reduce the debt service payments. On the other, for the remaining ninety percent of municipalities it is difficult to obtain funding for their infrastructure projects. We argue here that this could be a potential role for the Development Banking in Mexico. For this to happen a change in legal framework should occur.

Keywords: financing municipalities; Mexico; funding; infrastructure projects; Development Banking; legal framework (search for similar items in EconPapers)
JEL-codes: G21 H54 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2007-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.economiamexicana.cide.edu/RePEc/emc/pdf/DTE/DTE398.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:emc:wpaper:dte398

Access Statistics for this paper

More papers in Working Papers from CIDE, División de Economía Contact information at EDIRC.
Bibliographic data for series maintained by Mateo Hoyos ().