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Financial Analytics: Science and Experience
 

The international experience of procedures of bankruptcy and external finance administration concerning regions and municipalities

Vol. 4, Iss. 19, MAY 2011

Available online: 14 May 2011

Subject Heading: Foreign experience

JEL Classification: 

Kudryashova E.V. the candidate of the juridical sciences, docent of Financial law department, Financial university at the Government of the Russian Federation
ev_kudryashova@inbox.ru

Hvastunova K.A. the student of faculty «The finance and the credit», Financial university at the Government of the Russian Federation
hvastunchik@mail.ru

In article the international experience of procedures of bankruptcy and an external finance administration concerning regions and municipalities is considered. Authors come to a conclusion that in constitutions and the legislation of the majority of democratic federative states and some unitary states the norms fixing an order and conditions of federal and municipal intervention in various forms.

Keywords: bankruptcy, an external finance administration, inconsistency, federal, intervention, local, government, the municipal, finance

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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