Financing Cities
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Financing Cities
Fiscal Responsibility and Urban Infrastructure in Brazil, China, India, Poland and South Africa


© 2007 | 352 pages | SAGE Publications Pvt. Ltd
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.
Patricia Clarke Annez
PART I: INTRODUCTION
Luis de Mello
Fiscal Responsibility Legislation and Fiscal Adjustment
The Case of Brazilian Local Governments  
Ming Su and Quanhou Zhao
China
Fiscal Framework and Urban Infrastructure Finance  
Subhash Chandra Garg
Mobilizing Urban Infrastructure Finance in a Responsible Fiscal Framework
The Case of India  
Krzysztof Ners
Infrastructure Development in Poland
The Issues at Stake  
Philip van Ryneveld
Mobilizing Urban Infrastructure Finance within a Responsible Fiscal Framework
The South African Case  
George E. Peterson
PART II: MOBILIZING LOCAL INFRASTRUCTURE FINANCE
Gao Guo Fu
Urban Infrastructure Investment and Financing in Shanghai
Aser Cortines and Sandra Bondarovsky
Mobilizing Financing for Urban Sanitation Infrastructure in Brazil
L. Krishnan
Tamil Nadu Urban Development Fund: Public-Private Partnership in an Infrastructure Finance Intermediary
Johan Kruger and George E. Peterson
Inca
A South African Private-sector Intermediary  
George E. Peterson
Land Leasing and Land Sale
As an Infrastructure Financing Option  
Patricia Clarke Annez
Urban Infrastructure Finance from Private Operators
What Have We Learned from Recent Experience?  

The volume brings out several infrastructure financing options based on country experiences and new possibilities…The book is interesting not only in terms of wide country experiences but also the rich policy options it has unravelled both from successes and failures.

Margin—The Journal of Applied Economic Research

The book has been solely written…to motivate countries and cities to think about mobilising resources for capital investments from private and banking sector to boost infrastructure development.

Economic & Political Weekly

This book provides a dispassionate account of the apathy, disinterest and decay of finances and governance of urban India…. Amid all this negativism, is there hope?  The answer is a considered “yes”.  And that is why this book is a “must read” for all urban aficionados. Data, case studies and illustrations of positive energy to get the urban show going from countries as diverse as Brazil, China, Poland and South Africa provide lessons for India.

The Business Standard

It is a good reference book for academics, consultants and financial experts interested in the field of financing urban infrastructure.

The Hindu

It is a must read for those working in the fields of urban planning, public finance, policy makers and researchers.

Sahara Times

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ISBN: 9780761935643

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