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MFTF Home : Resources : Resources by Country Resources by CountryClick on the name of the folder or the folder to view the available resources for that category. |
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UCLG Support Paper on Local Finance
The UCLG Support Paper is the background paper to the UCLG Policy Paper on Local Finance. The document first sets the context - the ongoing urban explosion is not yet met by appropriate investments in local infrastructure- and provides an overview of the current financing options and their limits: intergovernmental transfers and local taxes, public private partnership, infrastructure development through national and/or local public utilities, land and asset management, local public borrowing, funding through development banks and official development aid. The Paper emphasized the need to reform both demand and supply side of financing to boost local infrastructure investments. On the demand side, as shown by historical and empirical evidence, fiscal decentralization frameworks should be enhanced to ensure local government’s financial autonomy and to generate swift and significant investment in public infrastructure. On the supply side, given the current constraints put on local government’s access to finance for infrastructure, there is an urgent need for change and for an improved intermediation at the national level. In particular, Municipal Development Funds performance need to be reviewed and reformed to provide small and medium size local governments with adequate funding for their urgent local infrastructure. Details |
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UCLG Policy Paper on Local Finance
The UCLG Policy Paper on Local Finance was drafted by the UCLG Committee on Local Finance and Development and adopted by the World organization at the 2nd UCLG World Congress, held in Jeju on 28-31 October 2007. The recommendations call on local governments, central governments, donors, and international financial institutions to address urban expansion and the accompanying infrastructure requirements by redirecting development aid, and establishing national strategies to boost local public investment. At the global level, UCLG advocates that at least 20 percent of development aid and debt relief be allocated directly to local governments to enable them to address poverty reduction through public infrastructure provision. At the country level, UCLG proposes boosting local public investment through several courses of action: increased local government autonomy, fiscal decentralisation, regular financial transfers from central to local governments, revenue generation at the local level, and improving the ability of local governments to borrow. The Policy Paper sets out to give voice to a local government vision on financing with particular emphasis on how the relationships between local governments, multilateral organisations and national governments would ultimately shape such a process. The policy paper is an executive summary of the principles findings and recommendations from a broader technical paper, the UCLG Support Paper on Local Finance. Details |
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Intergovernmental Transfer Systems Discussion Paper
This paper provides a discussion of intergovernmental transfers that examines, in particular, the way that capital investment transfers and operating budget support can be designed to work together much more effectively. There is a sizeable collection of literature on intergovernmental transfers in developing countries but relatively little has been written on the subject of transfers for municipal capital investment. In addition, there has been relatively little in the literature on the practical issues in implementing reform in the system of transfers. This paper attempts to stimulate discussion on those particular aspects of intergovernmental transfers, building on the solid base of work that has already been done. Modified: 20 Nov 2007 Details | Download 94 KB 32 sec. @ 28.8Kbps |
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EGAT Financial Sector Strategy. Program Development Tool
This Program Development Tool draws on substantial internal and external experience and expertise to define the pre-requisites that are necessary for municipal finance to be a viable product in a given country. Modified: 11 Oct 2007 Details | Download 155 KB 53 sec. @ 28.8Kbps |
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SOW: Contract Enforcement
Contracts used in the process of municipal finance are binding and provide financiers with a reasonable assurance of enforceability. Modified: 11 Oct 2007 Details | Download 75 KB 25 sec. @ 28.8Kbps |
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SOW: Effective Court Administration
Court administration procedures are in place that supports enforcement of contracts and collection of debt. Modified: 11 Oct 2007 Details | Download 49 KB 16 sec. @ 28.8Kbps |
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