Municipal Infrastructure Financing

Innovative Practices from Developing Countries

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Innovative Approaches to Municipal Infrastructure Financing

The four case studies presented in previous chapters underscore the growing financing requirements of sub-national governments. This section considers some of the market-based financing initiatives that have been undertaken by sub-national entities in emerging markets and developing countries to finance municipal infrastructure and public services. It first sets the context for market-based financing and discusses the salient issues relevant for a change in financing approaches. The chapter then goes on to discuss different financing mechanisms that have proven successful across developing countries.


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