Debt Affordability

Literature Review on Debt Affordability

In the Encyclopedia of Public Administration and Public Policy, [1] Bill Simonsen, Mark D. Robbins and Raymond Brown provide the following summary about the topic of Debt Affordability: Municipal bonds are an important way that state and local governments finance their infrastructure improvements. An understanding of how much the government can afford to pay for debt and how much debt it can safely carry is a crucial element in capital and debt planning. The purpose of this entry is to describe and analyze the different ways that local governments can measure how much debt they can afford.

Resources

Notes and References

1. Entry about Debt Affordability in the Encyclopedia of Public Administration and Public Policy (2015, Routledge, Oxford, United Kingdom)

See Also

Further Reading

• Global Encyclopedia of Public Administration, Public Policy, and Governance (2018, Springer International Publishing, Germany)