The new public finance : responding to global challenges / edited by Inge Kaul, Pedro Conceição.

"Published for The United Nations Development Programme."

Includes bibliographical references and index.

The new national public finance: taking the outside world into account -- Blending external and domestic policy demands: the rise of the intermediary state / Inge Kaul -- Making policy under efficiency pressures: globalization, public spending, and social welfare / Vito Tanzi -- Internalizing cross-border spillovers: policy options for addressing long-term fiscal challenges / Peter S. Heller -- Managing risks to national economies: the role of macro markets / Robert J. Shiller -- Combining fiscal sovereignty and coordination: national taxation in a globalizing world / Peggy B. Musgrave -- Recognizing the limits to cooperation behind national borders: financing the control of transnational terrorism / Todd Sandler -- The new international public finance: relying on public-private cooperation and competition -- Exploring the policy space between markets and states: global public-private partnerships / Inge Kaul -- Accomodating new actors and new purposes in international cooperation: the growing diversification of financing mechanisms / Pedro Conceição -- Making the right money available at the right time for international cooperation: new financing technologies / Pedro Conceição, Hari Rajan, and Rajiv Shah -- Taking self-interest into account: a public choice analysis of international cooperation / Philip Jones -- The new international public finance: investing in global public goods provision abroad -- Identifying high-return investments: a methodology for assessing when international cooperation pays- and for whom / Pedro Conceição, Ronald U. Mendoza -- Making international cooperation pay: financing as a strategic incentive / Scott Barrett -- Compensating countries for the provision of global public services: the tool of incremental costs / Kenneth King -- Creating new markets: the Chicago Climate Exchange / Richard L. Sandor -- Using markets more effectively: developing country access to commodity futures markets / C. Wyn Morgan -- Assessing contractual and statutory approaches: policy proposals for restructuring unsustainable sovereign debt / Barry Eichengreen -- Placing the emphasis on regulation: lessons from public finance in the European Union / Brigid Laffan -- The new international public finance: enhancing aid efficiency -- Using aid instruments more coherently: grants and loans / Paul Collier -- Rectifying capital market imperfections: the continuing rationales for multilateral lending / Yilmaz Akyüz -- Pulling not pushing reforms: delivering aid through challenge grants / Steven Radelet -- Overcoming coordination and attribution problems: meeting the challenge of underfunded regionalism / Nancy Birdsall -- Reducing the costs of holding reserves: a new perspective on special drawing rights / Jacques J. Polak and Peter B. Clark -- Creating incentives for private sector involvement in poverty reduction: purchase commitments for agricultural innovation / Michael Kremer and Alix Peterson Zwane -- Mitigating the risks of investing in developing countries: currency-related guarantee instruments for infrastructure projects / Stephany Griffith-Jones and Ana Teresa Fuzzo de Lima.