“Financing Urban Development”

Chapter published in the 2005 UN-Habitat Global Report on Human Settlements: Financing Urban Shelter

The chapter documents the wide range of problems that face municipal authorities in financing urban development as they respond to the challenges of major shifts in their economic base resulting from falling trade barriers and a globalizing economy. The case studies document sources of municipal revenues, the evolution of spending patterns as result of decentralization, and the impact of privatization of public services. The emphasis is placed on new approaches developed by emerging economies and poor countries, where the challenges are the greatest and the resource constraints the most acute.

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