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논문 기본 정보

자료유형
학술저널
저자정보
저널정보
한국지방재정학회 한국지방재정논집 한국지방재정논집 제7권 제2호
발행연도
2002.12
수록면
43 - 65 (23page)

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The Purpose of this study is to evaluate the correlation between financial indicators and local borrowing, and to compare fiscal capacity of each local government one another. While there are many kinds of regulation mechanism, the amount of local borrowing and the proportion of borrowing are different among local governments. This paper analyzes the relationship between those two factors by indicator approach. and relatively evaluates each local government s financial condition. The results of the analysis are as follows. First, Seoul is highest, and Busan .Daeion .Ulsan are low among all of metropolitan, Gyeonggi is highest, and Gwangju .Chungbuk .Jeonbuk .Jeonnam are low among all of province(Do). Second, there are few local governments that don t meet the standard of local borrowing issue. Therefore. it seems to be better to change the current system into voluntary regulating system of local borrowing issue. To do this, uniform standard should be differentiated among local governments : or local borrowing issue should be based on credit rating. That is to say switchover current local borrowing control to market discipline for local government attain to fixed standard, cooperative control for local government of the average level, rule-based control for local government of low level. This paper recommends a new borrowing management skills for local government which includes central government approval system for local borrowing. revision of central government s standard for local borrowing, and revision of local borrowing system itself.

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