000			03348cam a22004815i 4500
001			211287
003			US-djbf
005			20210811114427.0
006			m d
007			cr cn|||||||||
008			020129s2018 dcu o i00 0 eng
020			_c37.50 USD
020			_z9781464812873
035			_a(The World Bank)211287
040			_aDJBF _beng _cDJBF _erda
100	1		_aCampanaro, Alessandra. _927502
245	1	0	_aMobilizing Finance for Local Infrastructure Development in Vietnam : _bA City Infrastructure Financing Facility / _cAlessandra Campanaro.
264		1	_aWashington, D.C. : _bThe World Bank, _c2018.
300			_a1 online resource (172 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
490	1		_aInternational Development in Focus.
520	3		_aVietnam stands out as one of the most dynamic emerging countries in the East Asia and Pacific region. Since major reforms in the 1990s, the country has experienced an annual average growth rate of 6-7 percent, and extreme poverty rate has fallen from over 50 percent to 3 percent. Yet, the rapid growth and decentralization process have brought significant pressure on provincial governments in terms of local infrastructure investments and urban services delivery. With an annual shortfall of US$9 billion in funding for local infrastructure investments, provincial governments in Vietnam need to move toward a more market-driven financing model. This transition will require enhanced financial and technical capacity of local governments as well as an enabling environment for subnational borrowing. This report explores the development of a pilot financial instrument that could catalyze the subnational borrowing market in Vietnam. The report presents the findings of three assessments, which focused on (a) the borrowing capacity and creditworthiness of selected provincial governments, (b) the capacity of the commercial banking sector to invest in provincial governments, and (c) the current status of Vietnam's regulatory framework. The findings of this report will be useful to policy makers in Vietnam, providing an understanding of the key issues associated with a shift toward a more affordable and efficient local infrastructure financing model and presenting a preliminary roadmap for development of a pilot instrument. The report will also be of interest to policy makers in other transition countries that are facing similar challenges.
588			_aDescription based on print version record.
650		4	_aBorrowing _927503
650		4	_aCredit Enhancement _927504
650		4	_aDemand Side Analysis _927505
650		4	_aFinancial Intermediary _927506
650		4	_aLocal Government _927507
650		4	_aMunicipal Development Fund _927508
650		4	_aMunicipal Infrastructure Finance _927509
650		4	_aRegulatory Framework _927510
650		4	_aSubnational Borrowing _927511
650		4	_aSubnational Debt _927512
650		4	_aSupply Side Analysis _927513
650		4	_aWholesale Facility _927514
700	1		_aCampanaro, Alessandra. _927502
776	0	8	_aPrint Version: _z9781464812873
830		0	_aWorld Bank e-Library. _927515
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1287-3
999			_c5283 _d5283