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Decentralization and Infrastructure in the Global Economy - From Gaps to Solutions (Paperback)
Loot Price: R1,336
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Decentralization and Infrastructure in the Global Economy - From Gaps to Solutions (Paperback)
Series: Routledge Studies in the Modern World Economy
Expected to ship within 12 - 17 working days
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The subnational dimension of infrastructure has emerged as one of
the greatest challenges in contemporary public finance policy and
management. Ensuring the efficient provision of infrastructure
represents a challenge for all countries irrespective of their
level of centralization or decentralization. This book proposes an
innovative approach for the strengthening of decentralized public
investment and infrastructure management. Decentralization and
Infrastructure in the Global Economy: From Gaps to Solutions covers
the most important aspects of infrastructure investment in a
decentralized setting. It discusses infrastructure gaps and the
quality of subnational spending; how functional responsibilities,
financing and equalization can be designed; sector-specific
arrangements in high expenditure areas, such as health, education
and roads; key steps of the public investment cycle and management;
and analyses the political economy and corruption challenges that
typically accompany decentralized infrastructure projects. This
book challenges some of the well-accepted principles of
intergovernmental fiscal relations and will be useful to
researchers and practitioners of public finance policy and
management.
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