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Since South Africa held its first democratic elections in 1994, it has given significant attention to building an effective system of decentralization including provincial and local government. While provincial governments are responsible mainly for the implementation of social services such as...
Persistent link: https://www.econbiz.de/10012553863
Municipal land sales provide one option for financing urban infrastructure investment. In countries where land is owned by the public sector, land is by far the most valuable asset on the municipal balance sheet. Selling land or long-term leasing rights to land use while investing the proceeds...
Persistent link: https://www.econbiz.de/10012553864
China has experienced more than 25 years of extraordinary economic growth. Underlying this growth has been a decentralized fiscal system, in which provinces and large cities are given the freedom to make infrastructure investments to stimulate local development, and are allowed to retain a large...
Persistent link: https://www.econbiz.de/10012553871
Despite strong economic growth, investment in basic urban infrastructure -- water supply, wastewater removal and treatment, roads, and other capital-intensive systems -- has failed to keep pace with urban growth, leaving a critical urban infrastructure deficit. At the same time, urban lands in...
Persistent link: https://www.econbiz.de/10012560791
An important infrastructure policy issue for rapidly growing cities in developing countries is how to raise fiscal revenues to finance basic services in a fair and efficient manner. This paper applies hedonic analysis that explicitly accounts for spatial spillovers to derive the value of...
Persistent link: https://www.econbiz.de/10012552315
The benefits of good health to individuals and to society are strongly positive and improving the health of the poor is a key Millennium Development Goal. A typical health strategy advocated by some is increased public spending on health targeted to favor the poor and backed by foreign...
Persistent link: https://www.econbiz.de/10012552586
The paper explores the properties of a modern urban model in which households' and firms’ locations in the city are endogenously determined as functions of technology, preferences, and geography. This class of model provides insights into the factors that determine the shape and growth of...
Persistent link: https://www.econbiz.de/10013255323
Government entities in India hold large amounts of public land. Their landholdings include some of the most valuable property in the country. Parts of this patrimony lie vacant or underutilized. Public sector bodies also own large blocs of land that sometimes stand in the way of efficient...
Persistent link: https://www.econbiz.de/10012560772
Around the world, in both developed and developing countries, policy makers use a variety of tools to manage and accommodate urban growth and redevelopment. Government officials have three main concerns in terms of land policy: (i) accommodating urban expansion, (ii) providing infrastructure,...
Persistent link: https://www.econbiz.de/10012557979
A broad consensus has emerged among practitioners and researchers that failure to build accountable and legitimate institutions is a critical risk factor associated with vicious circles of repeated violence. Despite this consensus, very few studies have tested the extent to which local...
Persistent link: https://www.econbiz.de/10012552126