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Higher-Order Government Financing of Metropolitan Areas

In: Local Public Finance and Economics

Author

Listed:
  • Harry Kitchen

    (Trent University)

  • Melville McMillan

    (University of Alberta)

  • Anwar Shah

    (Brookings Institution)

Abstract

This chapter provides a brief overview of grant financing practices across the world based upon a review of 41 metropolitan areas. It provides a typology of grant instruments and discusses their rationale and relevance for metro areas. It outlines stylized models of metropolitan governance and draws implications for the design of higher-level transfers. It also discusses implications of existing institutional arrangements for developing a grant strategy for metropolitan financing. It also provides a review of worldwide practices in grant financing of metro areas. The chapter highlights the divergence of the practice in grant financing from theory and draws lessons from grant financing of metropolitan areas and develops an agenda for reform.

Suggested Citation

  • Harry Kitchen & Melville McMillan & Anwar Shah, 2019. "Higher-Order Government Financing of Metropolitan Areas," Springer Books, in: Local Public Finance and Economics, chapter 0, pages 471-503, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-21986-4_14
    DOI: 10.1007/978-3-030-21986-4_14
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