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Investment Strategies and Financial Tools for Local Development

image of Investment Strategies and Financial Tools for Local Development

Global opportunities for cities and localities have led to a renewed impetus for new financial tools. Addressing how public assets can be better used to generate private co-investment (rather than just sold for a once only ‘current value’ price) is now the new mind-set, and thinking about the organisational vehicles needed at local and regional levels to promote financial innovation has moved on. This book provides a comprehensive overview of financial instruments and investment strategies being implemented throughout OECD Member and non-Member countries. It highlights effective tools, explores the roles and responsibilities of governments, public agencies and inter-governmental organisations. The lessons from this book are essential reading for policy makers, practitioners and all actors involved in delivering local development. 

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What Principles Should Govern How We Finance Local Development in the Future?

This review of 50 innovative practices in local development finance enables us to understand more clearly what are the key principles around which a long term approach to investment in local economic development could emerge. Through work of of the OECD LEED Programme on local development we have identified ten principles that can help to shape the future investment objectives for local development.

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