Funding urban infrastructure: from government to markets
By: Petre, Abhay.
Contributor(s): Ghooke, Manju.
Material type:
ArticlePublisher: 2002Description: p.2467-470.Subject(s): Local government
In:
Economic and Political WeeklySummary: This paper argues for a role of newer financial instruments like `municipal-bonds' for, financing urban infrastructure. The paper also argues that for these initiatives to be successful, a thick and efficient secondary market in this segment of the debt market is crucial. It will impart liquidity and create an incentive for individual agents to invest in the muni-bonds. - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 37, Issue no: 25 | Available | AR53289 |
This paper argues for a role of newer financial instruments like `municipal-bonds' for, financing urban infrastructure. The paper also argues that for these initiatives to be successful, a thick and efficient secondary market in this segment of the debt market is crucial. It will impart liquidity and create an incentive for individual agents to invest in the muni-bonds. - Reproduced.
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