Municipal merger and debt issuance in South African municipalities
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DOI: 10.1080/13504851.2020.1753872
Abstract: ABSTRACT Existing research reveals opportunistic free-riding behaviours by municipalities facing mergers; these behaviours include over-issuance of debt before mergers because their burden will be shared by newly constructed municipalities. Nevertheless, the literature presents few solutions… read more here.
Keywords: free riding; south african; municipal merger; riding behaviours ... See more keywords