Lessons for the Urban Century : Decentralized Infrastructure Finance in the World Bank

Show simple item record

collection.link.336
https://openknowledge.worldbank.org/handle/10986/32464
collection.name.336
Directions in Development
dc.contributor.author
Clarke Annez, Patricia
dc.contributor.author
Huet, Gwénaelle
dc.contributor.author
Peterson, George E.
dc.date.accessioned
2012-05-25T17:48:15Z
dc.date.available
2012-05-25T17:48:15Z
dc.date.issued
2008
dc.date.lastModified
2021-04-23T14:02:25Z
dc.description.abstract
This book takes a look at the past to gain insights for the future. Nearly 30 years ago, when the world urban population was only about half of the 3 billion that it is today, when most Less Developed Countries (LDCs) were primarily rural, and before the wave of decentralization of the 1980s and 1990s, the World Bank developed an instrument with great potential. The key characteristics of this instrument, the Urban Infrastructure Fund (UIF), are several. It provides finance for an array of urban services, not just one sector, such as water and sanitation, leaving flexibility for local beneficiaries to set their priorities. UIF projects operate in more than one city. Perhaps the most important distinctive feature is that these projects use local institutions to do the work of identifying, appraising and channeling finance to subnational entities (municipalities, local utilities, or community groups) on behalf of the World Bank. This arrangement makes it feasible to reach beyond the major capitals or business centers such as Chongqing, Mumbai, or Sao Paulo, or even regional capitals, to fund much smaller subprojects, suited to the needs and capacities of smaller cities and towns, because local agents are tasked with identifying and appraising these projects. Delegating these functions makes it practicable not only for a large International Financial Institution (IFI) such as the World Bank but also for national governments to reach small municipalities. Providing support to large numbers of municipalities with relatively small investment needs is a complex task, but it is fundamental to scaling up beyond small pilot projects to programs improving urban services countrywide.
en
dc.identifier
http://documents.worldbank.org/curated/en/2008/01/9660450/lessons-urban-century-decentralized-infrastructure-finance-world-bank
dc.identifier.isbn
978-0-8213-7524-2
dc.identifier.uri
http://hdl.handle.net/10986/6435
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC : World Bank
dc.relation.ispartofseries
Directions in Development; Infrastructure
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACTUAL COST
dc.subject
ALTERNATIVE FUNDING
dc.subject
AUTONOMY
dc.subject
BANK ACCESS
dc.subject
BANK LENDING
dc.subject
BANK POLICY
dc.subject
BANK PORTFOLIO
dc.subject
BANKING SECTORS
dc.subject
BANKING SERVICES
dc.subject
BANKING SYSTEM
dc.subject
BANKS
dc.subject
BASIS POINTS
dc.subject
BENEFICIARIES
dc.subject
BLOCK GRANTS
dc.subject
BOND
dc.subject
BOND ISSUERS
dc.subject
BOND ISSUES
dc.subject
BOND MARKETS
dc.subject
BORROWER
dc.subject
BORROWING
dc.subject
BORROWING CAPACITY
dc.subject
BUSINESS CENTERS
dc.subject
CAPITAL BUDGETING
dc.subject
CAPITAL INVESTMENT
dc.subject
CAPITAL INVESTMENTS
dc.subject
CAPITAL MARKET
dc.subject
CAPITAL MARKETS
dc.subject
CAPITAL PLANNING
dc.subject
CAPITAL STOCK
dc.subject
CAPITALS
dc.subject
CENTRAL GOVERNMENTS
dc.subject
CITY SIZE
dc.subject
COMMERCIAL BANKS
dc.subject
COMMERCIAL TERMS
dc.subject
COMPETITIVE MARKET
dc.subject
COST OF CAPITAL
dc.subject
CREDIT ACCESS
dc.subject
CREDIT AGENCY
dc.subject
CREDIT INSTITUTIONS
dc.subject
CREDIT LINE
dc.subject
CREDIT MARKET
dc.subject
CREDIT MARKETS
dc.subject
CREDIT RATING
dc.subject
CREDIT RATING AGENCIES
dc.subject
CREDIT RATING AGENCY
dc.subject
CREDIT RISK
dc.subject
CREDIT SYSTEMS
dc.subject
CURRENCY
dc.subject
DEBT
dc.subject
DECENTRALIZATION
dc.subject
DEMAND FOR CREDIT
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPMENT BANK
dc.subject
DEVELOPMENT FINANCE
dc.subject
DIRECT INVESTMENT
dc.subject
DIRECTED CREDIT
dc.subject
DIRECTED CREDITS
dc.subject
DISBURSEMENT
dc.subject
DISBURSEMENTS
dc.subject
ECONOMIC CONDITIONS
dc.subject
ECONOMIC POLICY
dc.subject
EIB
dc.subject
EQUIPMENT
dc.subject
FINANCE COMPANY
dc.subject
FINANCES
dc.subject
FINANCIAL DEREGULATION
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
FINANCIAL INSTRUMENT
dc.subject
FINANCIAL INTERMEDIARY
dc.subject
FINANCIAL INTERMEDIATION
dc.subject
FINANCIAL LIBERALIZATION
dc.subject
FINANCIAL MANAGEMENT
dc.subject
FINANCIAL MARKET
dc.subject
FINANCIAL MARKETS
dc.subject
FINANCIAL SECTOR DEVELOPMENT
dc.subject
FINANCIAL SECTOR DEVELOPMENTS
dc.subject
FINANCIAL SECTOR REFORM
dc.subject
FINANCIAL SHOCKS
dc.subject
FINANCIAL SYSTEM
dc.subject
FIXED CAPITAL
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN EXCHANGE RISK
dc.subject
FOREIGN INVESTMENTS
dc.subject
GOVERNMENT CAPACITY
dc.subject
GOVERNMENT FINANCE
dc.subject
GOVERNMENT FINANCIAL INSTITUTIONS
dc.subject
GOVERNMENT GRANT
dc.subject
GOVERNMENT INVOLVEMENT
dc.subject
GOVERNMENT REVENUES
dc.subject
GOVERNMENT SUBSIDIES
dc.subject
GRANT PROGRAMS
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GUARANTEE AGENCY
dc.subject
HOST COUNTRIES
dc.subject
IMPLICIT GOVERNMENT GUARANTEES
dc.subject
INFLATION
dc.subject
INFRASTRUCTURE FINANCE
dc.subject
INFRASTRUCTURE FINANCING
dc.subject
INFRASTRUCTURE INVESTMENT
dc.subject
INFRASTRUCTURE INVESTMENTS
dc.subject
INITIAL PUBLIC OFFERING
dc.subject
INSTITUTIONAL DEVELOPMENT
dc.subject
INSTRUMENT
dc.subject
INTEREST RATE
dc.subject
INTEREST RATE DECLINE
dc.subject
INTEREST RATES
dc.subject
INTERGOVERNMENTAL FINANCE
dc.subject
INTERGOVERNMENTAL RELATIONS
dc.subject
INTERGOVERNMENTAL TRANSFER
dc.subject
INTERNATIONAL BANK
dc.subject
INTERNATIONAL DEVELOPMENT
dc.subject
INTERNATIONAL FINANCE
dc.subject
INTERNATIONAL FINANCIAL INSTITUTION
dc.subject
INTERNATIONAL FINANCIAL INSTITUTIONS
dc.subject
INVESTMENT BANK
dc.subject
INVESTMENT LOAN
dc.subject
INVESTMENT LOANS
dc.subject
INVESTMENT PROJECTS
dc.subject
IPO
dc.subject
LEVEL PLAYING FIELD
dc.subject
LEVY
dc.subject
LINE OF CREDIT
dc.subject
LINES OF CREDIT
dc.subject
LOAN
dc.subject
LOAN FINANCING
dc.subject
LOAN PRODUCTS
dc.subject
LOAN RECOVERIES
dc.subject
LOAN RECOVERY
dc.subject
LOAN REPAYMENT
dc.subject
LOAN REPAYMENT RATES
dc.subject
LOAN REPAYMENTS
dc.subject
LOC
dc.subject
LOCAL CREDIT SYSTEMS
dc.subject
LOCAL GOVERNMENT
dc.subject
LOCAL GOVERNMENTS
dc.subject
LOCAL INFRASTRUCTURE
dc.subject
MARKET ACCESS
dc.subject
MARKET COMPETITION
dc.subject
MARKET DEVELOPMENT
dc.subject
MARKET ECONOMIES
dc.subject
MARKET FINANCE
dc.subject
MARKET REFORM
dc.subject
MARKET SHARE
dc.subject
MATURE MARKET
dc.subject
MUNICIPAL BANKS
dc.subject
MUNICIPAL BOND
dc.subject
MUNICIPAL BOND MARKET
dc.subject
MUNICIPAL BORROWERS
dc.subject
MUNICIPAL CREDIT
dc.subject
MUNICIPAL DEVELOPMENT
dc.subject
MUNICIPAL DEVELOPMENT BANKS
dc.subject
MUNICIPAL FINANCE
dc.subject
MUNICIPAL GOVERNMENTS
dc.subject
MUNICIPAL GRANTS
dc.subject
MUNICIPAL INVESTMENTS
dc.subject
MUNICIPAL LOAN
dc.subject
MUNICIPAL LOANS
dc.subject
MUNICIPALITIES
dc.subject
OPERATING COSTS
dc.subject
POLITICAL ECONOMY
dc.subject
POLITICAL RISK
dc.subject
PORTFOLIO
dc.subject
PRIVATE COMMERCIAL BANKS
dc.subject
PRIVATE CREDIT
dc.subject
PRIVATE EQUITY
dc.subject
PRIVATE FINANCE
dc.subject
PRIVATE LENDERS
dc.subject
PRIVATE SECTOR CREDIT
dc.subject
PRIVATE SECTOR FINANCE
dc.subject
PRODUCTIVITY
dc.subject
PROFITABLE BUSINESS
dc.subject
PUBLIC BANK
dc.subject
PUBLIC BANKS
dc.subject
PUBLIC FINANCE
dc.subject
PUBLIC INVESTMENTS
dc.subject
PUBLIC POLICY
dc.subject
PUBLIC-PRIVATE PARTNERSHIP
dc.subject
RATE OF RETURN
dc.subject
RATES OF INTEREST
dc.subject
RATING AGENCIES
dc.subject
REPAYMENT
dc.subject
REPAYMENT CAPACITY
dc.subject
REPAYMENT RATE
dc.subject
REPAYMENT RATES
dc.subject
REPAYMENTS
dc.subject
RETURNS
dc.subject
REVENUE MOBILIZATION
dc.subject
RISK ASSESSMENTS
dc.subject
SAVINGS
dc.subject
SMALL BORROWERS
dc.subject
SOCIAL CAPITAL
dc.subject
SOCIAL DEVELOPMENT
dc.subject
SOCIAL FUND
dc.subject
SOCIAL FUNDS
dc.subject
SOVEREIGN GUARANTEE
dc.subject
STATISTICAL ANALYSIS
dc.subject
STRUCTURAL ADJUSTMENT
dc.subject
SUBNATIONAL GOVERNMENTS
dc.subject
SUBSIDIARY
dc.subject
SWAPS
dc.subject
TAX
dc.subject
TECHNICAL ASSISTANCE
dc.subject
TRANCHES
dc.subject
TRANSPARENCY
dc.subject
TRANSPORT
dc.subject
UNION
dc.subject
URBAN AREAS
dc.subject
URBAN DEVELOPMENT
dc.subject
URBAN GROWTH
dc.subject
URBAN SERVICES
dc.subject
URBANIZATION
dc.subject
WAREHOUSE
dc.subject
WATER SUPPLY
dc.title
Lessons for the Urban Century : Decentralized Infrastructure Finance in the World Bank
en
okr.date.disclosure
2010-04-20
okr.doctype
Publications & Research :: Publication
okr.doctype
Publications & Research :: Publication
okr.docurl
http://documents.worldbank.org/curated/en/2008/01/9660450/lessons-urban-century-decentralized-infrastructure-finance-world-bank
okr.globalpractice
Social, Urban, Rural and Resilience
okr.globalpractice
Governance
okr.globalpractice
Finance and Markets
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-0-8213-7524-2
okr.identifier.externaldocumentum
000333037_20080710002643
okr.identifier.internaldocumentum
9660450
okr.identifier.report
44645
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/07/10/000333037_20080710002643/Rendered/PDF/446450PUB0Less101OFFICIAL0USE0ONLY1.pdf
en
okr.topic
Urban Development :: Municipal Financial Management
okr.topic
Banks and Banking Reform
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.volume
1 of 1

Show simple item record



This item appears in the following Collection(s)