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Investment Decisions and Debt Priority Structure : Straight Debt and Convertible Debt (Financial Modeling and Analysis)

机译：投资决策和债务优先结构：直接债务和可转换债务（财务建模和分析）

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Yagi Kyoko; Takashima Ryuta;
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年度 2014
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7. THE FINANCIAL SITUATION OF THE LOCAL GOVERNMENTS IN POLAND ACCORDING TO THE NEW RULES OF LIMITING DEBT – THE MACROECONOMIC PERSPECTIVE Abstract: The article presents some evidence for the introduction in 2014 of new rules limiting debt of local governments. Statistical analysis of the distribution of the financial results of each group of local governments indicates that the financial situation of some local governments is difficult. The highest back financing possibilities have regional administrative structures. Other groups of local governments have limited possibilities of debt, in the most difficult situation are districts which do not have the possibility of further indebtedness. Keywords: public debt, central government, local governments, debt limits [O] . Jerzy Rutkowski 2015

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Investment Decisions and Debt Priority Structure : Straight Debt and Convertible Debt (Financial Modeling and Analysis)

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