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Broadening Local Government Financing in Nigeria : The Capital Market Option
Augustine, Ujunwa - 2011
Asia, largely due to the reasons of their pivotal roles in the grass root economic development. In Nigeria for instance … financing in Nigeria, presenting the capital market source of funding as a viable option for broadening local government … finances in Nigeria. This capital market option if pursued has the following merits: (a) it will instill fiscal discipline and …
Persistent link: https://www.econbiz.de/10013117222
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Infrastructure investment, private finance, and institutional investors : Asia from a global perspective
Inderst, Georg - 2016
This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and within Asia, and creates a "bigger picture" for the demand and supply of capital for...
Persistent link: https://www.econbiz.de/10011415958
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Efficiency of decentralized road investment and pricing in a multi-jurisdictional city with spillovers
Brueckner, Jan K. - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10009792215
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Efficiency of Decentralized Road Investment and Pricing in a Multi-Jurisdictional City with Spillovers
Brueckner, Jan K. - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10013076399
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Local Government Financing Platforms in China : A Fortune or Misfortune?
Lu, Yinqiu - 2014
China's rapid credit expansion in 2009–10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are posing to the financial sector, local governments, and sovereign balance sheet. This...
Persistent link: https://www.econbiz.de/10013061326
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Decentralized road investment and pricing in a monocentric, multi-jurisdictional city : efficiency with spillovers
Brueckner, Jan K. - 2013
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10010210722
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Decentralized Road Investment and Pricing in a Monocentric, Multi-Jurisdictional City : Efficiency with Spillovers
Brueckner, Jan K. - 2021
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10013315690
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Infrastructure, institutions and identity : determinants of regional development : empirical evidence from Germany
Gäbler, Stefanie - 2020
Stefanie Gäbler prepared this study while she was working at the ifo Center for Public Finance and Political Economy. The study was completed in March 2020 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of six distinct empirical essays...
Persistent link: https://www.econbiz.de/10012483986
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Infrastructure Financing for Climate Change Adaptation : Chapter 8 - Australia
Iyer-Raniga, Usha; Gajanayake, Akvan - 2022
This Chapter provides the context of climate change and infrastructure financing in Australia. It commences with an understanding of the country, its climate change and adaptation policies, followed by an understanding of infrastructure in the country and related climate impacts. Financing...
Persistent link: https://www.econbiz.de/10014078617
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Does fiscal decentralisation foster regional investment in productive infrastructure?
Kappeler, Andreas; Solé-Ollé, Albert; Stephan, Andreas; … - 2012
The aim of this paper is to analyze the effect of revenue decentralization on the provision of infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the level of sub-national infrastructure investment in 20 European...
Persistent link: https://www.econbiz.de/10009579228