Title
Lessons For The Urban Century: Decentralized Infrastructure Finance In The World Bank (Directions In Development Infrastructur,New
Delivery time: 8-12 business days (International)
The world has passed a significant threshold: it is now more urban than rural. Urban areas under 1 million in size are projected to absorb a population increase of nearly one half billion in the next fifteen years. These developments will give rise to demands for investments in infrastructure in thousands of cities and towns. Given the simultaneous move toward decentralization of fiscal responsibilities, the weak financial and technical capacity of local governments will become an increasingly serious constraint. Reaching large numbers of municipalities with relatively small investment needs will become a critical function of development programs. 'Lessons for the Urban Century' provides insights on how to meet that challenge, using evidence from the World Bank's operations supporting decentralized urban infrastructure finance. These projects use domestic institutions to do the work of channeling finance to subnational entities (municipalities, local utilities, or community groups) on behalf of the Bank. This feature is critical to reaching large numbers of municipalities, and is fundamental to 'scaling up.' This is the first study of its kind, and offers encouraging results. As a group, these projects have performed better than the average. A variety of successful designs have been tried and adapted in a host of different contexts. The most important lesson learned from this review is that successful models require tailoring to reflect the context: the state of local governments, intergovernmental relations, fiscal federalism, financial sector development, and the political economic forces at play in local and central government. This conclusion is illustrated with a variety of examples from World Bank project experience.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.