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06051

Substantial infrastructure spending occurs across the world, often with significant uncertainty about basic issues as which investment to make, how to efficiently operate the systems, and what is the best approach for financing both the initial investment and the recurrent costs. The purpose of this paper is to provide a comprehensive review of the essential issues that policymakers must examine and the questions they must answer when deciding what infrastructure investments to make in urban areas, where to make them, how to finance them, and how to sustain the services...

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