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Urban Infrastructure Financing and Delivery in India and China

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  • Darshini Mahadevia

Abstract

This comparison is not restricted to Mumbai and Shanghai but also to Bangalore and Hangzhou, Delhi and Beijing and so on. The Chinese and Indian economies are expected to be the growth engines of the global economy. In this process cities are expected to play an important role, through their transformation into “World Class” cities, a term now doing rounds in the policy circles in Mumbai, to be achieved through massive infrastructure investments made in them. In China, this has been possible because of the decentralized administrative and fiscal system in China. In contrast, in India, the system of urban infrastructure is currently evolving and making a transition from a centralized to a decentralized system. This paper: (i) compares the Chinese and Indian financial systems to explain differences in the quantum of funds available in cities in both countries; (ii) looks at urban responsibility allocations in terms of institutions; and (iii) compares capital investments made by one city each in the two countries, in Beijing (China) and in Mumbai (India). Edited by Xinyu Fan

Suggested Citation

  • Darshini Mahadevia, 2006. "Urban Infrastructure Financing and Delivery in India and China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 14(2), pages 105-120, March.
    • Handle: RePEc:bla:chinae:v:14:y:2006:i:2:p:105-120
    DOI: 10.1111/j.1749-124X.2006.00017.x
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    References listed on IDEAS

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    1. K. Seeta Prabhu, 2005. "Social Statistics for Human Development Reports and Millennium Development Goal Reports: Challenges and Constraints," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 6(3), pages 375-397.
    2. World Bank, 2005. "World Development Report 2006," World Bank Publications - Books, The World Bank Group, number 5988, April.
    3. Weiping Wu, 1999. "Reforming China's Institutional Environment for Urban Infrastructure Provision," Urban Studies, Urban Studies Journal Limited, vol. 36(13), pages 2263-2282, December.
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    Cited by:

    1. De Wang & Li Zhang & Zhao Zhang & Simon Xiaobin Zhao, 2011. "Urban Infrastructure Financing in Reform-era China," Urban Studies, Urban Studies Journal Limited, vol. 48(14), pages 2975-2998, November.
    2. Kumari, Anita & Kumar Sharma, Anil, 2017. "Infrastructure financing and development: A bibliometric review," International Journal of Critical Infrastructure Protection, Elsevier, vol. 16(C), pages 49-65.

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