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Improving Subnational Government Development Finance in Emerging and Developing Economies: Towards a Strategic Approach

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  • Paul Smoke

Abstract

This paper reviews the rationale and potential for improving subnational development finance, outlines the overall landscape of institutional arrangements available for this purpose, and considers broad challenges involved. Based on a review of global practice and experience in selected Asian developing countries with a range of special entities and innovations to enhance subnational investment, it proposes a more integrated, strategic approach to building subnational development finance.

Suggested Citation

  • Paul Smoke, 2019. "Improving Subnational Government Development Finance in Emerging and Developing Economies: Towards a Strategic Approach," Working Papers id:13007, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:13007
    Note: Institutional Papers
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    References listed on IDEAS

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