Financiamento do desenvolvimento urbano

The failure of pat solutions, based on a highly centralized decision making process of channeling budgetary resources and forced savings to state and local governments, led to a situation in which financial difficulties became one of the main reasons of the deteriorating urban infrastructure and urban services in most of the major Brazilian cities. Against this background the paper argues for a revision of the way and means of urban development financing, based on recommendations of pooling available resources, implementing professional management and moving towards better intergovernmental coordination of urban policies. (Rev Econ Polit/DÜI)