Municipal development funds and intermediaries

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Municipal development funds and intermediaries, Volume 1

Author:	Davey, Kenneth;	Collection Title:	Policy, Planning and Research Department working papers ; no. WPS 32
Country:	Brazil; Jordan; India;	Date Stored:	1988/07/01
Document Date:	1988/07/31	Document Type:	Policy Research Working Paper
Language:	English	Major Sector:	(Historic)Environment
Region:	Middle East and North Africa; South Asia; Latin America & Caribbean	Report Number:	WPS32
Sub Sectors:	Other Environment	SubTopics:	Banks & Banking Reform; Municipal Financial Management; Urban Economics; Public Sector Economics; Public & Municipal Finance
Volume No:	1

Summary: Municipal development funds have the basic purposes of channelling more investments in urban infrastructure through municipal governments and of strengthening the capacity of these institutions in the process. They have attracted the support of the international aid donors because they offer a mechanism for "wholeselling" urban investment, i.e. for the provision of aid funds to widely diffused investments, often of a minute scale by donor standards. This paper seeks to describe these developments in funding channels and their intended institutions. Judgement, however is extremely tentative, as most of the recent round of innovations and aid projects are at an early stage.


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