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Municipal development funds and intermediaries (English)

Municipal development funds have the basic purposes of channelling more investments in urban infrastructure through municipal governments and of strengthening the capacity of these institutions in the process. They have attracted the support of the international aid donors because they offer a mechanism for "wholeselling" urban investment, i.e. for the provision of aid funds to widely diffused investments, often of a minute scale by donor standards...
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Citation

Davey,Kenneth J..

Municipal development funds and intermediaries (English). Policy, Planning and Research Department working papers ; no. WPS 32 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/619951468773742878

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