Financial instruments and financial engineering
CRIDEL 1994 Valeur ajoutée et ingénierie du développement local, CE, DG REGIO
Sevilla seminar report March 1993; and relevant final evaluation reports
OECD2003. Private finance and Economic development: City and Regional Investment
Bartik, T. 1995 Economic Development Incentive Wars. Employment Research.
Darche, Benjamin. 1997 Financing Mechanisms at the Subnational Level in Emerging Markets: Borrowings and Privatisations/Concessions. Infrastructure Note FM9. Urban Development Unit, World Bank.
Dillinger, William. 1995 Urban Property Tax Reform: Guidelines and Recommendations. Urban Management Program Discussion Paper No. 1. World Bank.
El Daher, Samir. 2001 The Building Blocks of a Sound Local Government Finance System. Infrastructure Note FM8-e. Urban Development Unit. World Bank.
El Daher, Samir. 2000 Specialized Financial Intermediaries for Local Governments: A Market-based Tool for Local Infrastructure Finance. Infrastructure Note FM8-d. Urban Development Unit. World Bank.
Worley International Ltd. 2000 Strategic Municipal Asset Management. Urban and Local Government Background Series No. 5. Urban Development Unit. World Bank.
EU member states provide additional and matching funds as well as a large range of tax incentives. New private financial mechanisms have been set up such as seed money, development capital and venture capital and ad hoc mechanism of collecting local saving and reinvesting it in local firms. More important are those related with to the funding of SMEs (equity, guarantee or loans) at the various stages of their growth.
Granger, B. 1999.Banquiers du futur, les nouveaux instruments financiers d’économie sociale en Europe, INAISE (International association of investors in the social economy), Editions Charles-Léopold Mayer, Paris
Peter Lloyd and Peter Ramsden 2000. Local Enterprising Localities: Area Based Employment Initiatives in the United Kingdom (Regional Development Studies series published by CEC) chapter on innovative financial initiatives such as micro credit, social finance.
Peter Ramsden 1999 Financial engineering in the Structural Funds, the new alchemy? In proceedings of Regional Studies Association conference of 1997 Bilbao.