Thursday, May 3, 2007

Reminder: "Financing Cities: Fiscal Responsibility and Urban Infrastructure in Brazil China India Poland and South Africa"Monday, May 7, 2007 2:30 - 4:00 pm J Building JB1-080

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Urban Development Team, Finance Economics and Urban Development
Department,
and Sustainable Development Network
cordially invite you to a panel discussion featuring a recent World
Bank publication
|--------------------------+---------------------------------------------------|
| | |
| | |
| | Financing Cities |
| | Fiscal Responsibility and Urban Infrastructure |
| | in Brazil, China, India, Poland and South |
| | Africa |
| (Embedded image moved | Edited by George E. Peterson and Patricia |
| to file: pic03335.jpg) | Clarke Annez |
| | |
| | Urbanization is not a side effect of economic |
| | growth; it is an integral part of the process. |
| | While creating tremendous economic |
| | opportunities, urbanization also makes demands |
| | for infrastructure investment that can |
| | unbalance government budgets and stymie growth |
| | at the macro level. How can the goal of |
| | increasing public investment in urban |
| | infrastructure be reconciled with the need for |
| | prudent fiscal management? |
| | |
| | Different countries have approached this |
| | challenge in different ways--from tight central |
| | controls on local investment to decentralized |
| | fiscal choice. Their experiences are recounted |
| | and assessed in this book--from the perspective |
| | both of central government fiscal managers and |
| | local government officials who must provide |
| | infrastructure services to their citizens. The |
| | chapters compare the approaches taken by |
| | Brazil, China, India, Poland, and South Africa |
| | and examine the fiscal implications of |
| | different infrastructure financing options. |
| | The book offers a rare perspective on |
| | intergovernmental policy design and the |
| | politics of policy implementation. |
| | |
| | |
| | |
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| | |
| | |
| Monday, May 7, 2007 | |
| 2:30 - 4:00 pm | |
| World Bank J Building | |
| - Lower Level | |
| Auditorium JB1-080 | |
| (701 18th St. NW | |
| corner of 18th St. and | |
| Pennsylvania Ave.) | |
| A reception will | |
| follow the | |
| presentation | |
| | |
| | |
| | |
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Authors
George E. Peterson
Senior Fellow, Urban Institute
George E. Peterson is Senior Fellow at the Urban Institute in
Washington, D.C., working on international public finance and
intergovernmental relations. Previously he has been Director of
Public Finance Center at the Urban Institute, where he directed the
institute's programme in intergovernmental finance in the United
States. He is also the recipient of the Donald C. Stone Award for
intergovernmental management and research from American Society for
Public Management. He recently published Decentralisation in Asia
and Latin America: A Political and Economic Comparison.

Patricia Clarke Annez
Urban Advisor, World Bank
Patricia Clarke Annez is the Urban Advisor in the Finance Economics
and Urban Department at the World Bank. She has worked in World
Bank?s Operations and Finance Departments as well as the Research
and Policy section of the Bank, and has operational experience in
South Asia, Europe, the Middle East, and Latin America. She was a
member of the core team of the WDR 1992 on Development and the
Environment. As chief of the Urban Division, she managed the Bank?s
contributions to the Habitat II Conference in Istanbul in 1996. Ms.
Annez is now the head of the Municipal Finance Thematic Group. She
has also worked as an economic and financial advisor for ABB in
Canada, and for US corporate clients in New York.

Introduction
Katherine Sierra
Vice President & Head of Network, Sustainable Development Network,
World Bank

Chair
Sonia Hammam
Sector Manager SASEI, World Bank

Speakers
Vijay Kelkar
Chairman, India Development Foundation and Non-executive Chairman,
IDFC-Asset Management Company
Dr. Vijay Kelkar is Chairman, India Development Foundation and
Non-executive Chairman of IDFC-Asset Management Company. Dr. Kelkar
has held a number of high level positions in the Government of
India. Most recently, he was advisor to the Minister of Finance of
India, and Executive Director for India, Sri Lanka, Bangladesh and
Bhutan at the International Monetary Fund. Prior to that, Dr.
Kelkar was Finance Secretary; Chairman of the Tariff Commission;
Secretary, Ministry of Petroleum and Natural Gas and Chairman,
Bureau of Industrial Costs and Prices, all in the Government of
India. He has also served as the Chairman of the Task Force for
Implementation of the Fiscal Responsibility and Budget Management
Act in the Ministry of Finance.

Rudolph G. Penner
Senior Fellow, Urban Institute
Rudolph G. Penner is a Senior Fellow at the Urban Institute, holding
the Arjay and Frances Miller chair in public policy. He was a
Managing Director of the Barents Group, was president of the
American Tax Policy Institute in 2005 and President of the National
Economists Club. He received the Abramson Prize and the prize for
the best article published in 2002 in Public Budgeting and Finance.
He chaired a Commission on Metro Financing for the Washington
Metropolitan Area Council of Governments, and now chairs a Committee
on the Future of the Fuel Tax for the Transportation Research Board
of the National Academy of Sciences. He has authored numerous
books, pamphlets, articles and columns for various newspapers
including the New York Times, Washington Post and Los Angeles Times.
His most recent book, co-authored with Isabel Sawhill and Timothy
Taylor, is Updating America's Social Contract.

Otaviano Canuto
Executive Director, World Bank
Mr. Otaviano Canuto dos Santos Filho, a Brazilian, is an Executive
Director on the Boards of the World Bank Group. Mr. Canuto came to
the World Bank Group from the Ministry of Finance, Brazil, where he
served as the Director of International Affairs. He joined the
Ministry of Finance in 2003 following a distinguished academic
career, and is still a licensed Professor of Economics at the
University of Sao Paulo. Mr. Canuto is the author of numerous
research publications on a wide range of topics in economics and
finance. Mr. Canuto was also a columnist for two Brazilian
newspapers: O Estado de Sao Paulo and Valor Economico. Mr. Canuto
has a Ph.D. in Economics from the State University of Campinas
(UNICAMP), Campinas, Brazil, a Master?s degree in Economics from
Concordia University, Montreal, Canada, and a Bachelor?s degree in
Economics from the Federal University of Sergipe, Aracaju-SE,
Brazil.

Robert D. Ebel
Deputy Chief Financial Officer and Chief Economist,
District of Columbia Government
Robert D. Ebel is Deputy Chief Financial Officer and Chief Economist
for the Washington DC government. He is also a member of the
Steering Committee of the Local Government and Public Sector Service
Initiative (Open Society Institute/Budapest) and of the Panel of
Experts of the Fiscal Affairs Division of the International Monetary
Fund. He was a Senior Fellow at the joint Urban Institute/Brookings
Institution Tax Policy Center and Lead Economist in the World Bank
Institute. He served as the World Bank?s technical representative
to the Sudan Peace Consultations, and for the African Union as a
resource person at the Inter-Sudanese Peace Consultations on Darfur.
He has published widely and been a regular columnist for two major
US newspapers, the Honolulu Advertiser and the St. Paul Pioneer
Press/Dispatch. He is the recipient of the Steven D. Gold Award and
the World Bank Award for Excellence.

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