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Local Government Finance Private Resources And Local Credit Markets In Asia
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Book Synopsis Local Government Finance, Private Resources, and Local Credit Markets in Asia by : Roberto de Vera
Download or read book Local Government Finance, Private Resources, and Local Credit Markets in Asia written by Roberto de Vera and published by . This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing political decentralization in Asia, with central governments devolving to local governments the responsibilities of delivering key development projects and public services, calls for sound local government finance. Local government finance in the region exhibits several problems: deterioration of the fiscal health in many countries, mismatch between the delegated responsibilities and revenue-generating authority, resultant continued heavy reliance on central government transfers, and lack of political will to develop an external financing strategy to tap long-term private resources. In order for local governments to mobilize private savings for long-term infrastructure projects, it is imperative to develop municipal credit markets. Two models of municipal credit markets can be considered: the bank model popular in Western Europe and the bond model widely used in North America. The bond model has theoretically more advantages than the other. However, Asian local governments may start with either model considering the countries' social-cultural-political milieu and keep a proper combination of both models serving different segments of local credit markets.
Book Synopsis Local Government Finance and Bond Markets by : Yun-hwan Kim
Download or read book Local Government Finance and Bond Markets written by Yun-hwan Kim and published by Asian Development Bank. This book was released on 2003 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description
Book Synopsis Local Government Finance, Private Resources, and Local Credit Markets in Asia by : Roberto de Vera
Download or read book Local Government Finance, Private Resources, and Local Credit Markets in Asia written by Roberto de Vera and published by . This book was released on 2003 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing political decentralization in Asia, with central governments devolving to local governments the responsibilities of delivering key development projects and public services, calls for sound local government finance. Local government finance in the region exhibits several problems: deterioration of the fiscal health in many countries, mismatch between the delegated responsibilities and revenue-generating authority, resultant continued heavy reliance on central government transfers, and lack of political will to develop an external financing strategy to tap long-term private resources. In order for local governments to mobilize private savings for long-term infrastructure projects, it is imperative to develop municipal credit markets. Two models of municipal credit markets can be considered: the bank model popular in Western Europe and the bond model widely used in North America. The bond model has theoretically more advantages than the other. However, Asian local governments may start with either model considering the countries' social-cultural-political milieu and keep a proper combination of both models serving different segments of local credit markets.
Book Synopsis Lessons for the Urban Century by : Patricia Clarke Annez
Download or read book Lessons for the Urban Century written by Patricia Clarke Annez and published by World Bank Publications. This book was released on 2008-01-01 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world?s urban population doubled between 1970 and 2008, growing from 1.5 billion to 3 billion people. Future world population growth will be concentrated in developing countries?the majority in medium-size and smaller cities and towns. International institutions and governments alike face the challenge of efficiently financing the massive investment in infrastructure required to support this urban growth. The Urban Infrastructure Fund (UIF) is a tool designed to meet this need. Responsibility for subproject oversight, credit assessment, financial management reform, and other critical tasks.
Book Synopsis Guide to Municipal Finance by : Naomi Enid Slack
Download or read book Guide to Municipal Finance written by Naomi Enid Slack and published by UN-HABITAT. This book was released on 2009 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy by : Thomas Hertel
Download or read book Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy written by Thomas Hertel and published by DIANE Publishing. This book was released on 2008-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.
Book Synopsis Moving the Masses: Bus-Rapid Transit (BRT) Policies in Low Income Asian Cities by : Suryani Eka Wijaya
Download or read book Moving the Masses: Bus-Rapid Transit (BRT) Policies in Low Income Asian Cities written by Suryani Eka Wijaya and published by Springer. This book was released on 2019-02-25 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public transport in low-income Asian (LIA) cities fails to meet people’s mobility needs, generates high greenhouse gas (GHG) emissions and worsens social exclusion. Following successful Bus Rapid Transit (BRT) projects in Bogota and Curitibá, LIA countries promoted BRT in their large to medium-sized cities. However, the political and institutional structure distinctive to LIA cities makes their implementation difficult. This book investigates policy tensions by examining the planning and attempted implementation of BRT projects, taking Bandung and Surabaya in Indonesia as case studies. It analyses BRT to understand how power and communication gaps in institutional relationships between different actors at multiple levels of governance create conflict, and concludes that top-down policies and funding mechanisms cause tension in intergovernmental relationships. It also found that BRT solutions generated socio-political tension arising from the socio-economic realities and local political dynamics that shaped city structure, mobility patterns and capacity in resolving conflicts. The superimposed BRT solution generated discursive tension because conflicting discourses were not aligned with local economic, social, and environmental issues. The book highlights the need to take into consideration the vital role of local social and political actors, institutions and planning processes as they respond to and shape policies that are imposed by higher levels.
Book Synopsis The City in Southeast Asia by : Peter James Rimmer
Download or read book The City in Southeast Asia written by Peter James Rimmer and published by NUS Press. This book was released on 2009 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extended metropolitan regions of Southeast Asia are the dynamic cores of their national economies and societies and the frontiers of accelerating globalization. This title explores ways of moving beyond outmoded paradigms of the Third World City or a Southeast Asian city 'type'.
Book Synopsis Practices of Poverty Measurement and Poverty Profile of Nepal by : Devendra Chhetry
Download or read book Practices of Poverty Measurement and Poverty Profile of Nepal written by Devendra Chhetry and published by DIANE Publishing. This book was released on 2009-03 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the poverty measuring practices, available measures of poverty, and economic growth figures of Nepal. The poverty rates for FY 1976-77, 1984-85, and 1995-96 are found to be not comparable due to change in methodology over time. The three poverty rates average 40%. Nepal has experienced high economic growth during the 7th (1985-86 to 1989-90) and 8th (1992-93 to 1996-97) Plan periods with no strong evidences of poverty reduction. This incompatible result is partially explained by comparing growth of the agricultural sector with the role of the sector in providing employment and income generation at the household level, and by comparing social indicators particularly literacy rate with the growth of the nonagricultural sector. Tables.
Book Synopsis Measuring Competitiveness in the World's Smallest Economies by : Ganeshan Wignaraja
Download or read book Measuring Competitiveness in the World's Smallest Economies written by Ganeshan Wignaraja and published by DIANE Publishing. This book was released on 2008-05 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attempts to measure competitiveness (CP) across countries have typically neglected the world¿s smallest economies. Hence, a simple composite index, the Small State Manufactured Export CP Index or SSMECI, was developed to benchmark industrial CP. The SSMECI represents the first attempt to provide a comprehensive picture of the CP performance of small states. The performance of small states varies across geographical regions, income groups, & country size classes. High-performing small states had better macroeconomic conditions, higher levels of foreign invest., more trade openness, better levels of educ., & modern infrastructure. A coherent, market-oriented CP strategy in small states is vital to success on international markets. Tables.
Book Synopsis Monetary Poverty Estimates in Sri Lanka by : Neranjana Gunetilleke
Download or read book Monetary Poverty Estimates in Sri Lanka written by Neranjana Gunetilleke and published by DIANE Publishing. This book was released on 2008-05 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an introduction to poverty-related data available in Sri Lanka, & monetary measurements of poverty carried out using this data. The lack of an official poverty line in Sri Lanka until June 2004 has over time generated a number of poverty lines & corresponding poverty measures. While these poverty measures have provided a good base for poverty analysis, this paper also touches on the problems generated by the use of multiple methods. The release of the official poverty line by the Dept. of Census & Statistics can be seen as a major step forward in the debate on poverty measurement in Sri Lanka. Charts & tables.
Book Synopsis Central and Local Government Relations in Asia by : Naoyuki Yoshino
Download or read book Central and Local Government Relations in Asia written by Naoyuki Yoshino and published by Edward Elgar Publishing. This book was released on with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable and inclusive growth in emerging Asian economies requires high levels of public investment in areas such as infrastructure, education, health, and social services. The increasing complexity and regional diversity of these investment needs, together with the trend of democratization, has led to fiscal decentralization being implemented in many Asian economies. This book takes stock of some major issues regarding fiscal decentralization, including expenditure and revenue assignments, transfer programs, and sustainability of local government finances, and develops important findings and policy recommendations.
Book Synopsis Financial Sector Crisis and Restructuring by : Carl-Johan Lindgren
Download or read book Financial Sector Crisis and Restructuring written by Carl-Johan Lindgren and published by . This book was released on 1999 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
Book Synopsis Meeting Asia's Infrastructure Needs by : Asian Development Bank
Download or read book Meeting Asia's Infrastructure Needs written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-02-01 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.
Book Synopsis Market Survey of Subnational Finance in Asia and the Pacific by :
Download or read book Market Survey of Subnational Finance in Asia and the Pacific written by and published by . This book was released on 2008 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Development Dimension Road and Rail Infrastructure in Asia Investing in Quality by : OECD
Download or read book The Development Dimension Road and Rail Infrastructure in Asia Investing in Quality written by OECD and published by OECD Publishing. This book was released on 2018-10-06 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Road and Rail Infrastructure in Asia: Investing in Quality discusses the challenges facing the region and possible policy options, including those previously or currently used in Emerging Asian countries, with reference to the experiences of OECD member countries.
Book Synopsis Financing Urban Shelter by : Un-Habitat
Download or read book Financing Urban Shelter written by Un-Habitat and published by Routledge. This book was released on 2013-06-17 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Achieving the goals set by world leaders in the United Nations Millennium Declaration will be difficult without a significant improvement in the lives of slum dwellers, and the lives of slum dwellers cannot be improved without the sound and sustainable economic development that is conducive to the establishment of a strong shelter sector. As Financing Urban Shelter: Global Report on Human Settlements 2005 emphasizes, one of the key challenges in meeting the Millennium Declaration Goal on slums is mobilization of the financial resources necessary for both slum upgrading and slum prevention by supplying new housing affordable to lower income groups on a large scale. . . . It is my hope that, by highlighting the impacts of current shelter financing systems on low-income households and by identifying the types of financing mechanisms that appear to have worked for them, this report will contribute to the efforts of the wide range of actors involved in improving the lives of slum dwellers, including governments at the central and local levels, as well as non-governmental and international organizations.' From the Foreword by KOFI ANNAN, Secretary-General, United Nations Financing Urban Shelter presents the first global assessment of housing finance systems, placing shelter and urban development challenges within the overall context of macroeconomic policies. The report describes and analyses housing finance conditions and trends in all regions of the world, including formal housing finance mechanisms, microfinance and community funding, highlighting their relevance to the upgrading of slums. Recent shelter finance policy development is discussed at the international and national levels, and the directions that could be taken to strengthen shelter finance systems are examined. The Global Report on Human Settlements is the most authoritative and up-to-date assessment of conditions and trends in the world's cities. It is an essential tool and reference for researchers, academics, public authorities and civil society organizations around the world. The preceding issues of the Global Report on Human Settlements have addressed such topics as An Urbanizing World, Cities in a Globalizing World and The Challenge of Slums. Published with UN-HABITAT