Decentralization and Infrastructure in the Global Economy

Decentralization and Infrastructure in the Global Economy

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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.The last one changes faster than the technology in education or road maintenance and trends higher cost wise. ... With patients in the catchment area A sent to B when T2 benefits them and vice versa for T3. Or does one give T1 to A ... This is necessary not only for research but also to guide policy. Notes 1 We ... 18 For example, in the cantons of Valais in 2004, NeuchActel 2006, Vaud and Fribourg 2007.

Title:Decentralization and Infrastructure in the Global Economy
Author:Jonas Frank, Jorge Martinez-Vazquez
Publisher:Routledge - 2015-07-03


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