Experience & Methods of Global Municipal Finance

Pengfei Ni ()
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Pengfei Ni: Chinese Academy of Social Sciences

Chapter Chapter 3 in The World: 300 Years of Urbanization Expansion, 2023, pp 133-191 from Springer

Abstract: Abstract Cities are the engine of the global economy. Both the total urban population and GDP arising from cities is rapidly increasing. Municipal finance is a key condition determining the ability of municipalities to successfully manage growth, and will thus be central to the competitiveness of cities. However, there are major differences between cities around the world in terms of their budgets and the challenges and opportunities they face. This chapter seeks to identify some of the major trends by region in terms of expenditures, revenues, challenges and positive trends. It uses data on expenditures and revenues from UN-Habitat’s Global Municipal Database (GMD). To provide and overview of challenges and positive trends, it draws upon inputs from a set of municipal finance experts for each of four regions: Africa, Asia, Europe and Latin America.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-3553-6_3

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DOI: 10.1007/978-981-99-3553-6_3

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