Abstract—Modern management of Public Entities is turning
increasily to Asset Liability Management. This management
can be effectively realized by a set of operations that can be
defined as "Debt Restructuring". Financial innovative
instruments are playing an increasing role with respect to
current debt or will be activated in the near future. Derivatives
– such as swaps – and structured finance transactions – such as
securitization and project finance –are of considerable
importance. The paper analyses the economic effects produced
in their accounts and provides useful insights for future
administrative regulations regarding acceptable operation for
PE.
Index Terms—Asset liability management, derivatives,
public entities.
G. Fantini is with the Università degli Studi di Ferrara (e-mail:
giulia.fantini@unife.it).
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Cite:G. Fantini, "The Asset Liability Management in Italian Public Entities," Journal of Economics, Business and Management vol. 2, no. 2, pp. 163-167, 2014.