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UCLG Policy Paper on Local Finance

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  • UCLG Committee on Local Finance and Development UCLG

Abstract

The Policy Paper seeks to give voice to a local government vision on financing and stems from a shared understanding of the challenges we face. The Policy Paper contains 25 concrete recom- mendations for increasing local government access to infrastructure financing, particular- ly in developing country cities where infrastructure planning and construction have not kept pace with rapid urbanisation. At the global level, UCLG advocates that a fixed proportion of development aid and debt relief be allocated directly to local governments to enable them to address poverty reduction through public infrastructure provision.

Suggested Citation

  • UCLG Committee on Local Finance and Development UCLG, 2009. "UCLG Policy Paper on Local Finance," Working Papers id:2206, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2206
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    References listed on IDEAS

    as
    1. Peterson, George E., 2006. "Land leasing and land sale as an infrastructure-financing option," Policy Research Working Paper Series 4043, The World Bank.
    2. Alexander Plekhanov & Raju Singh, 2006. "How Should Subnational Government Borrowing Be Regulated?Some Cross-Country Empirical Evidence," IMF Staff Papers, Palgrave Macmillan, vol. 53(3), pages 1-4.
    3. Thierry Paulais, 2006. "Le financement du développement urbain dans les pays émergents : des besoins et des paradoxes," Revue d'Économie Financière, Programme National Persée, vol. 86(5), pages 309-330.
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    More about this item

    Keywords

    urban finance; local finance; municipal finance; UNHABITAT; economics; infrastructure; urban infrastructure; public funding; urban development;
    All these keywords.

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