Mexicans Still Wary of Subnational Debt
Sep 27, 2012
Mexican state and municipal debt levels continue to be on the rise, and while still appearing to be manageable, there are calls for closer scrutiny of sub-sovereign entities seeking to borrow. “I don’t think debt is good or bad per se when used towards works for development. There are some states that have taken advantage and have abused the debt, but overall one needs...
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