Regenerative bonds are proposed as debt tools that strengthen local commitment pools, with Monte Carlo modeling identifying a guardrail region where debt service and mutual-aid circulation are preserved under reported assumptions.
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Regenerative Bonds: Formal Debt, Mutual-Aid, and Local Settlement Capacity
Regenerative bonds are proposed as debt tools that strengthen local commitment pools, with Monte Carlo modeling identifying a guardrail region where debt service and mutual-aid circulation are preserved under reported assumptions.