During the Resolutions-to-fund-cities conference in Paris in the beginning of July, I presented a paper that explores questions concerning the financing of local government infrastructure investments in western Europe. It especially concentrates around the trend to create local government funding agencies. What are the reasons for this trend? Why do we see this trend now? Why is this development important for growth?
This paper is published on www.resolutionstofundcities.org. Here is a link to the paper.