Episode Synopsis "Capital Locast - Episode 4"

Rajivan Krishnaswamy – Former CEO of the Tamil Nadu Urban Development Fund in India and former Senior Urban Finance Specialist at the World Bank.  Rajivan tells us that the form of the financing shapes the form of the city and stresses the importance of building capital markets and fiscal systems that provide a blend of financing. A full mix of financial options is necessary to produce resilient and inclusive urban futures. Rajivan outlines how intergovernmental fiscal transfers and own revenues are equally important to private sector funding. Importantly, Rajivan distinguishes between the types of private funding and their pros and cons for different urban development objectives.

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