Lessons for the Urban Century: Decentralized Infrastructure Finance in the World Bank
- ISBN-10
- 0821375253
- ISBN-13
- 9780821375259
- Category
- Business & Economics
- Pages
- 122
- Language
- English
- Published
- 2008-01-01
- Publisher
- World Bank Publications
- Authors
- George E. Peterson, Patricia Clarke Annez, Gwénaelle Huet
Description
The world?s urban population doubled between 1970 and 2008, growing from 1.5 billion to 3 billion people. Future world population growth will be concentrated in developing countries?the majority in medium-size and smaller cities and towns. International institutions and governments alike face the challenge of efficiently financing the massive investment in infrastructure required to support this urban growth. The Urban Infrastructure Fund (UIF) is a tool designed to meet this need. Responsibility for subproject oversight, credit assessment, financial management reform, and other critical tasks.
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