Written by leading practitioners and experts in public finance in the context of multilevel government systems, Until Debt Do Us Part examines the interaction of markets, regulators, subnational borrowers, creditors, national governments and taxpayers in the context of national political realities. It includes reforms that have not been covered by previous literature, such as those of China, Colombia, France, Hungary, Mexico, and South Africa, and presents a comprehensive review of how the United States developed its debt market for state and local governments.
This book is essential reading for anyone wanting to know the challenges and reform options in debt restructuring, insolvency frameworks, and public debt market development.
Water security in Asia and the Pacific is under threat from many sources: population growth, urbanization, increasing water pollution, the over-abstraction of groundwater, water-related disasters, and climate change. Current planning and management have proven insufficient to address the challenges of meeting society?s diverse needs for water.
mproving agricultural water productivity, achieving energy objectives, satisfying growing industrial water requirements, and protecting water quality and vitally important natural ecosystems are challenges we still face. The social, economic, and political consequences of water shortages are real, as are the effects of water-related disasters exacerbated by climate change.
his second edition of the Asian Water Development Outlook (AWDO) provides the first quantitative and comprehensive view of water security in the countries of Asia and the Pacific. By focusing on critical water issues, AWDO 2013 provides finance and planning leaders with recommendations on policy actions to improve water governance and guidance on investments to increase their country?s water security.
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Successful reform has to resolve two separate and conflicting dimensions: people and time. Reforms, by their very nature, challenge the status quo, often threatening those with a stake in the current system?from society?s power brokers, to better-off stakeholders who may benefit unintentionally and disproportionately from a policy, through to the intended beneficiaries, even if the status quo is unsustainable over the long term. Their changed influence, incentives, and behavior, as a result of reforms, have to be managed, until the success of the reforms becomes apparent for both them and society more widely.
Time, too, has to be assuaged, in the sense that while technocrats may see cuts are needed in, say, subsidies because of a weak budget, the near-term negative effects on low-income groups will be on the minds of both those supporting the political status quo and reformers. And the technocrats know this, so we come full circle.
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The United Nations and partners have launched an unprecedented series of consultations with people the world over to seek their views on a new development agenda to build on the successes of the Millennium Development Goals (MDGs).
This global conversation responds to a growing call for active participation in shaping the ?world we want?. Taking place well before governments sit down to negotiate and finalize such a new agenda, the consultations underway provide evidence and perspectives to governments on the challenges people face in improving their lives and those of their families and communities.
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Source: http://transformation.cer.uz/2013/04/development-bookshelf-news-2013/
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