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 these...

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...

The author examines the role of private participation in infrastructure (PPI) in mobilizing finance for key urban services, that is, urban roads, municipal solid waste management, and water and sanitation since the early 1990s when private participation came to be seen as a key element in...