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.

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.

A memoir by photographic artist Jona Frank told in captivating stories and poignant images with a cast of actors, including Laura Dern and Imogene Wolodarsky, Cherry Hill tells the story of one girl's suburban youth and deliverance. Cherry Hill is a multimedia memoir of photographic artist Jona Frank's upbringing in - and flight from - a stifling suburban household. Told in words and evocative photographs, Frank's account of her childhood struggles with a repressive mother, mentally ill brother, and overwhelming expectations is leavened with episodes from her rich interior world. Akin to a graphic novel, this hybrid of personal essay and photography breaks open the memoir format, detailing the life of a young artist as she spends her days dreaming of a friendship with Emily Dickinson, longing for Bruce Springsteen and eschewing the rules of femininity. Frank employs a cinematic approach to construct vivid scenes from her youth. Using elaborately dressed sets, era-specific wardrobes, and multiple actors to portray herself as a child, Frank refashions her memories into vibrant tableaux. Strikingly, Frank cast Academy Award-winning actor Laura Dern in the role of her strict and complicated mother in a performance as bravura as her film and television work. As Frank outgrows the confines of her environment and suffocating domestic life, discovering art and photography as the path to her personal fulfillment, she plots her ultimate escape. A unique photographic storytelling project reminiscent of such classics as Fun Home and The Best We Could Do, Cherry Hill is an intimate self-portrait of what it takes to break free of convention and answer the question, Who am I meant to be?

Public resources - if invested well in public infrastructure and services - can catalyze private and community efforts and unleash an inclusive growth and development process. But public investment attracts political interest, usually of the kind that undermines efficiency. Too often public projects are poorly designed, under-funded, long-delayed, or badly implemented, with little benefit to the population. This is a critical challenge for many countries, both rich and poor. Paradoxically, some countries are even unable to spend their limited investment budgets while others lack "shovel ready" projects for a fiscal stimulus. The quality of institutions is fundamental. This book identifies eight key institutional features that countries need to adopt to ensure that public investments support growth and development. Very broadly, the eight stages correspond to a disciplined system for guiding, appraising, reviewing and selecting projects that are most likely to stimulate inclusive development, and following through to ensure that they are implemented, adjusted, operated and evaluated to deliver the public services that citizens and the private sector expect. A review of over 30 countries suggests that these eight features are present in all countries that manage resources efficiently but most countries are missing key features. Not surprisingly, those weaknesses contribute to poor investment and development outcomes. Strengthening institutions for public investment management is critical to developmental success. This book provides a clear, non-technical discussion on approaches to improving project appraisal, dealing with uncertainty (an issue that is likely to grow in importance with the effects of climate change), integrating procurement skills into project design and implementation, and of managing the decision on public private partnerships. By providing a simple but comprehensive framework and global experience, the book provides policy makers the guidance to adopt good functional principles in the design of institutions to strengthen public investment management.