DOIONLINE

DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-5466

Publish In
International Journal of Management and Applied Science (IJMAS)-IJMAS
Journal Home
Volume Issue
Issue
Volume-2,Issue-8, Special Issue-1   ( Aug, 2016 )
Paper Title
Readiness of Municipalities in the Developing Countries For Issue of Municipal Bonds Through the Analysis of Their Budget Accounts (Overview of the Municipality of Stip - R. Macedonia)
Author Name
Marija Gogova Samonikov, Elena Veselinova, Risto Fotov, Ilija Gruevskib
Affilition
Faculty of Economics, Department Finance, Goce Delcev University, Stip. R. Macedonia Faculty of Economics, Department Management, Goce Delcev University, Stip. R. Macedonia
Pages
44-47
Abstract
In developing country alternative ways of funding are minor represented. This paper contributes to understanding the readiness of these municipalities to issue municipal bonds as an alternative way of financing. The aim is to prove that if the funds are successfully managed and associated with revenue-generating project does not need rigidity. Alternatives for implementation of the projects are too many despite the fact that municipalities are small. Also, despite the fact that municipalities are small and developing economies are usually centralized in the capitals in the country, neither Skopje (the capital in Republic of Macedonia) will attempt to realize the municipal bond. Processing of paper used data analysis, statistical calculations, synthesis and similar methods for data analyzing. Used methods are qualitatively and quantitatively supporting the thesis of this paper. Keywords- Municipal bonds, budget bill, municipal revenues, municipal expenditures, Municipality of Stip.
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