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Capital Markets and Central–Local Politics in Britain

Published online by Cambridge University Press:  27 January 2009

Alberta Sbragia
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Extract

Local government borrowing is often referred to as a highly technical, not to say arcane, activity of local government. It should not be dismissed so easily. In reality, such borrowing illuminates broader relations between government and market by highlighting interdependencies which exist between central government, local government and financial markets.

Type
Articles
Information
British Journal of Political Science , Volume 16 , Issue 3 , July 1986 , pp. 311 - 339
Copyright
Copyright © Cambridge University Press 1986

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