REZENDES, Fernando <br/><br/>
Financiamento do desenvolvimento urbano 

 - São Paulo :  Editora 34,  out./dez. 1997 
<br/><br/> This paper deals with a controversial aspect of the Brazilian public policies: the way urban investment and the provision of urban services are financed. The failure of pat solutions, based on a highly centralized decision making process of channeling bud-getary resources and forced savings to state and local governments, led to a situation in which financial difficulties became one of the main reasons of the deteriorating ur-ban infrastructure and urban services in most of the major Brazilian cities. Against this background the paper argues for a through revision of the way and means of urban development financing, based on recommendations of pooling available resources, imple-menting professional management and moving toward better intergovernmental coor-dination of urban policies. Confidence in the newer rules, and in its maintenance over time, is also emphasized as an important requisite for attracting private capital to im-portant areas, such as sanitation, transportation and housing