Summary
Contents
Subject index
Presenting experiences from India, China, Brazil, South Africa and Poland, this book examines the need to boost infrastructure investment in cities as well as the need for prudent fiscal management across all levels of government. This is discussed within the context of the decentralization of service delivery responsibilities. The book proposes considering as one investment financing perspectives that usually exist in isolation from each other, while also consolidating a body of practical and transferable implementation experiences.
Mobilizing Local Infrastructure Finance: The Financing Challenge
The Financing Challenge
Local officials and their financial advisors have the job of mobilizing finance for urban infrastructure investment as effectively as possible within the fiscal policy framework that has been established. This section takes a practitioner's perspective in examining several of the financing strategies and institutional mechanisms that have been put together for this purpose, particularly innovations that have attempted to break new ground in mobilizing resources for local infrastructure investment. Understanding the nuts and bolts of how these efforts have worked in practice—often in ways quite different from the initial project design—should help others decide how institutional experience can best be applied to their own situations.
Discussion between fiscal policy ...
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