Financing urban development in emerging countries: needs and paradoxes.

The prestigious journal Revue d’économie financière was putting together an issue entitled ‘Financing cities’. The editorial board asked me to write a piece on the topic of emerging countries, since the other articles related to issues in developed countries.

The prestigious journal Revue d’économie financière was putting together an issue entitled ‘Financing cities’. The editorial board asked me to write a piece on the topic of emerging countries, since the other articles related to issues in developed countries. My article highlighted a number of systems that limit the expansion of private funding in the urban sector. Following a review of estimated investment needs (market volume), the article outlined current financing mechanisms as well as examples of new types of financial instruments. Finally, it proposed a reading grid for the sector, which was no longer based on offer but on demand, i.e. the realities of the market and the interests of the various stakeholders.

Year : 2006

Pages : 22