World Bank (2000). Cities in Transition: World Bank Urban and Local Government Strategy.
The World Bank published a comprehensive strategy document to gear its assistance towards achieving the objectives of reducing poverty, promoting broad-based growth, protecting the environment, and supporting effective institutions. Achieving these objectives requires a closer working relationship with the local governments that are assuming greater responsibilities for delivering services that have direct impacts on people’s daily lives, in partnership with national governments and the communities themselves. In addition to the core urban development sectors, the global urban agenda is expanding to include diverse issues such as local economic development, capital market access, real estate market reform, urban cultural heritage, disaster mitigation, and public safety.