Innovative Infrastructure Finance: A Guide for State and Local Governments

Infrastructure is essential for economic growth, quality of life, and global competitiveness, but the U.S. faces a significant infrastructure deficit. This book provides a comprehensive assessment of current knowledge and practice in innovative infrastructure financing, with case studies and policy suggestions for state and local government managers. It is valuable for practitioners, professors, applied policy analysts, and students in public administration, policy, and public finance.

Format: Paperback / softback
Length: 182 pages
Publication date: 05 February 2023
Publisher: Springer Nature Switzerland AG

Infrastructure plays a pivotal role in the modern economy, serving as the backbone that supports economic growth, enhances quality of life, and strengthens global competitiveness. However, the United States faces a significant infrastructure deficit, with state and local governments struggling to finance the necessary expansion, upgrades, and repairs. This urgent issue has emerged as one of the most pressing challenges facing the country.

Despite the proliferation of innovative financing approaches in state and local infrastructure, comprehensive information on these methods is scattered and time-consuming to locate. Until now, there has been a lack of a detailed and comprehensive assessment of current knowledge and practices in innovative infrastructure financing. This book aims to bridge that gap and provide valuable insights and policy recommendations for state and local government managers considering the adoption and implementation of innovative infrastructure financing.

The book offers a comprehensive examination of innovative infrastructure financing, encompassing a wide range of topics such as public-private partnerships, asset recycling, and financing mechanisms for small and medium-sized projects. It includes detailed case studies and rich examples that showcase innovative approaches to fund state and local infrastructure development. These experiences and lessons learned from applying these innovations will be particularly valuable for state and local government practitioners, professors, applied policy analysts, and students in public administration, policy, and public finance.

By leveraging innovative financing strategies, state and local governments can unlock new sources of funding, reduce the burden on taxpayers, and improve the efficiency and effectiveness of infrastructure projects. This, in turn, can lead to economic development, job creation, and improved quality of life for communities across the country.

In conclusion, infrastructure is the foundation of modern economies, and a robust, efficient, and well-maintained infrastructure system is critical to support economic growth, enhance quality of life, and strengthen global competitiveness. The serious infrastructure deficit in the U.S. requires urgent attention, and innovative financing approaches offer a promising solution. This book provides valuable insights and policy recommendations for state and local government managers who are exploring the adoption and implementation of innovative infrastructure financing. By leveraging these strategies, we can build a more resilient and sustainable infrastructure for the future.

Weight: 320g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030914134
Edition number: 1st ed. 2022