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