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China has experienced more than 25 years of extraordinary economic growth. Underlying this growth has been a decentralized fiscal system, in which provinces and large cities are given the freedom to make infrastructure investments to stimulate local development, and are allowed to retain a large...
Persistent link: https://www.econbiz.de/10012553871
The author examines the role of private participation in infrastructure (PPI) in mobilizing finance for key urban services, that is, urban roads, municipal solid waste management, and water and sanitation since the early 1990s when private participation came to be seen as a key element in...
Persistent link: https://www.econbiz.de/10012553865
The benefits of good health to individuals and to society are strongly positive and improving the health of the poor is a key Millennium Development Goal. A typical health strategy advocated by some is increased public spending on health targeted to favor the poor and backed by foreign...
Persistent link: https://www.econbiz.de/10012552586
Using a city-level database of global Urban Indicators, the author finds that: 1) Improved access to urban potable water and sewerage connections is consistently associated with low child mortality. 2) Government involvement in providing water services, especially locally, significantly reduces...
Persistent link: https://www.econbiz.de/10012572724
This paper describes the serious fiscal crisis faced by cities around the world following the Great Recession of 2008 …. Section 1 summarizes how the crisis was triggered and how it unfolded in the US, then spread to the rest of world … and expenditure, and the stimulus programs and recovery plans devised as a short term response by cities around the world …
Persistent link: https://www.econbiz.de/10012572472
in the world and massive increase in municipal access to financial markets create a new context. This paper surveys three …
Persistent link: https://www.econbiz.de/10012560801
Government entities in India hold large amounts of public land. Their landholdings include some of the most valuable property in the country. Parts of this patrimony lie vacant or underutilized. Public sector bodies also own large blocs of land that sometimes stand in the way of efficient...
Persistent link: https://www.econbiz.de/10012560772
infrastructure deficit. At the same time, urban lands in these many developing countries are among the most expensive in the world …
Persistent link: https://www.econbiz.de/10012560791
Adequate urban infrastructure can be expensive, but the costs of not delivering housing, transportation, water, sewage, public facilities, and other necessities are also high. Inadequate infrastructure slows and even reverses economic growth, driving unemployment, crime, and urban decay. It can...
Persistent link: https://www.econbiz.de/10012572673
developing world want to attract more entrepreneurs and create more jobs. Cities also need to be resilient to natural hazards and …
Persistent link: https://www.econbiz.de/10012572678