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IFC’s quarterly journal on public-private partnerships<br /> In this issue<br /> Mass rapid transit: A tool for urban expansion<br /> Financing: Beyond sovereign guarantees<br /> Low-income housing: Lessons from Latin America<br /> Q&A: Economist Edward Glaeser, former U.K. Secretary of State for<br /> International Development Clare Short, Barcelona Global CEO<br /> Mateu Hernández<br /> IN PARTNERSHIP WITH<br /> Australia • Austria • Brazil • Canada • Catalonia (Spain) • Flanders (Belgium) • France • Ireland • Italy •<br /> Japan • Kuwait • Netherlands • Norway • Sweden • Switzerland • United Kingdom • United States • Public-Private<br /> Infrastructure Advisory Facility (PPIAF) • Global Partnership for Output-Based Aid (GPOBA) • Private Infrastructure<br /> Development Group (PIDG) • African Development Bank • Asian Development Bank • Brazilian Development Bank<br /> (BNDES) • Caribbean Development Bank • Central American Bank for Economic Integratio<a title="Handshake Issue #4, Cities &amp; PPPs page 1" href="http://viewer.zmags.com/publication/4dfa4862?page=1">IFC’s quarterly journal on public-private partners</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 2" href="http://viewer.zmags.com/publication/4dfa4862?page=2"> IN PARTNERSHIP WITH Australia • Austria • Braz</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 3" href="http://viewer.zmags.com/publication/4dfa4862?page=3">There is a near-perfect correlation between urbani</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 4" href="http://viewer.zmags.com/publication/4dfa4862?page=4"> Features 20 Housing & slums Development at</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 5" href="http://viewer.zmags.com/publication/4dfa4862?page=5"> 25 Cities & climate A call to action | 25 Low-c</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 6" href="http://viewer.zmags.com/publication/4dfa4862?page=6">Taimur Samad is a Senior Urban Specialist, Latin </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 7" href="http://viewer.zmags.com/publication/4dfa4862?page=7">Judy L. Baker is a Lead Economist at the World Ba</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 8" href="http://viewer.zmags.com/publication/4dfa4862?page=8">GETTING CITIES RIGHT By Abha Joshi-Ghani &Vipul</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 9" href="http://viewer.zmags.com/publication/4dfa4862?page=9">Cities are the hearts of nations, and their pulse </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 10" href="http://viewer.zmags.com/publication/4dfa4862?page=10">MEASURING SUCCESS The success of these PPPs wil</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 11" href="http://viewer.zmags.com/publication/4dfa4862?page=11">ment will clean up that land and bid it out for re</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 12" href="http://viewer.zmags.com/publication/4dfa4862?page=12">Saint Petersburg: Lessons in PPP implementation </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 13" href="http://viewer.zmags.com/publication/4dfa4862?page=13">The city allocated a PPP project to the central PP</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 14" href="http://viewer.zmags.com/publication/4dfa4862?page=14">Managing urbanization Photo © Cities Alliance</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 15" href="http://viewer.zmags.com/publication/4dfa4862?page=15">Former U.K. Secretary of State for International D</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 16" href="http://viewer.zmags.com/publication/4dfa4862?page=16">What sort of trajectory can today’s rapidly urbani</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 17" href="http://viewer.zmags.com/publication/4dfa4862?page=17">Is there a role for the private sector? You can</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 18" href="http://viewer.zmags.com/publication/4dfa4862?page=18">DEVELOPMENT AT THE BASE OF THE PYRAMID How PPPs c</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 19" href="http://viewer.zmags.com/publication/4dfa4862?page=19">sewerage, electricity, transport) within a certain</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 20" href="http://viewer.zmags.com/publication/4dfa4862?page=20">Legal challenges and regulations in urban PPPs By</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 21" href="http://viewer.zmags.com/publication/4dfa4862?page=21">laws and regulations, terms of reference for consu</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 22" href="http://viewer.zmags.com/publication/4dfa4862?page=22">PPPs FOR LOW-INCOME HOUSING 6 lessons from Latin </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 23" href="http://viewer.zmags.com/publication/4dfa4862?page=23">new household formation. In Mexico, this figure is</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 24" href="http://viewer.zmags.com/publication/4dfa4862?page=24">1 Scale is good, but beware (negative) externaliti</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 25" href="http://viewer.zmags.com/publication/4dfa4862?page=25">4 Develop a framework for post-construction asset </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 26" href="http://viewer.zmags.com/publication/4dfa4862?page=26">As the world hurtles toward its urban future, the </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 27" href="http://viewer.zmags.com/publication/4dfa4862?page=27">A call to action By Dan Hoornweg Cities drive </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 28" href="http://viewer.zmags.com/publication/4dfa4862?page=28">Graph displaying the % of the world population liv</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 29" href="http://viewer.zmags.com/publication/4dfa4862?page=29">By 2050, global urban population will double; buil</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 30" href="http://viewer.zmags.com/publication/4dfa4862?page=30">The lifestyle choices of urban residents can signi</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 31" href="http://viewer.zmags.com/publication/4dfa4862?page=31">tCO2e (tonnes of CO2 equivalent) is a measure for </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 32" href="http://viewer.zmags.com/publication/4dfa4862?page=32">Edward Glaeser, author of Triumph of the City: How</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 33" href="http://viewer.zmags.com/publication/4dfa4862?page=33">A leading urban economist on risks and rewards </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 34" href="http://viewer.zmags.com/publication/4dfa4862?page=34">Along the same lines, you confess your frustration</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 35" href="http://viewer.zmags.com/publication/4dfa4862?page=35">gamed heavily by all the factors involved. That’s </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 36" href="http://viewer.zmags.com/publication/4dfa4862?page=36">the view that infrastructure used to be expensive </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 37" href="http://viewer.zmags.com/publication/4dfa4862?page=37">TOP 600 CITIES* 2010... POPULATION 1.5 </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 38" href="http://viewer.zmags.com/publication/4dfa4862?page=38">Video interview with Mateu Hernández, the CEO of B</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 39" href="http://viewer.zmags.com/publication/4dfa4862?page=39">The experience of Barcelona In the past two dec</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 40" href="http://viewer.zmags.com/publication/4dfa4862?page=40">Urban innovation In 2000, the Barcelona City Co</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 41" href="http://viewer.zmags.com/publication/4dfa4862?page=41">Photo © Jaume Meneses</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 42" href="http://viewer.zmags.com/publication/4dfa4862?page=42">Mass Rapid Transit A tool for urban expansion By</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 43" href="http://viewer.zmags.com/publication/4dfa4862?page=43">Completing robust engineering feasibility studies </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 44" href="http://viewer.zmags.com/publication/4dfa4862?page=44">Understanding the fare structure and how that stru</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 45" href="http://viewer.zmags.com/publication/4dfa4862?page=45">TRENDS IN MRT PPPs PPP models for MRT projects </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 46" href="http://viewer.zmags.com/publication/4dfa4862?page=46">Hong Kong’s MTR The MTR Corporation Limited ser</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 47" href="http://viewer.zmags.com/publication/4dfa4862?page=47">Dakar’s Toll Road The $315 million Dakar Toll R</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 48" href="http://viewer.zmags.com/publication/4dfa4862?page=48">...INDIA India, with six of the fifty largest ci</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 49" href="http://viewer.zmags.com/publication/4dfa4862?page=49">or determine when they’ll arrive at home or at wor</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 50" href="http://viewer.zmags.com/publication/4dfa4862?page=50">A bicycle sharing system or bikeshare is a service</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 51" href="http://viewer.zmags.com/publication/4dfa4862?page=51">Usually implemented by governments to reduce traff</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 52" href="http://viewer.zmags.com/publication/4dfa4862?page=52">WELLINGTON: The little cable car that could By D</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 53" href="http://viewer.zmags.com/publication/4dfa4862?page=53">Wellington, New Zealand, recently judged the coole</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 54" href="http://viewer.zmags.com/publication/4dfa4862?page=54">Principles for Sustainable Transport Walk Grea</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 55" href="http://viewer.zmags.com/publication/4dfa4862?page=55">The successful city of the 21st century will be re</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 56" href="http://viewer.zmags.com/publication/4dfa4862?page=56"> URBAN WATER myth vs fact Private sector parti</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 57" href="http://viewer.zmags.com/publication/4dfa4862?page=57"> The Latin America and Caribbean region has the hi</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 58" href="http://viewer.zmags.com/publication/4dfa4862?page=58"> URBAN WATER By Cathy Russell Informal settlem</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 59" href="http://viewer.zmags.com/publication/4dfa4862?page=59"> “The OBA subsidy fills the gap between the affo</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 60" href="http://viewer.zmags.com/publication/4dfa4862?page=60"> URBAN WATER BUCHAREST WATER & SANITATION For de</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 61" href="http://viewer.zmags.com/publication/4dfa4862?page=61"> of the first sector transactions in Europe. In th</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 62" href="http://viewer.zmags.com/publication/4dfa4862?page=62"> By Luis A. Andrés, David Sislen & Philippe Marin </a> <a title="Handshake Issue #4, Cities &amp; PPPs page 63" href="http://viewer.zmags.com/publication/4dfa4862?page=63"> URBAN WATER The case of CARTAGENA About 30 per</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 64" href="http://viewer.zmags.com/publication/4dfa4862?page=64">Beyond sovereign guarantees THE CASE FOR SUB-NATI</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 65" href="http://viewer.zmags.com/publication/4dfa4862?page=65">ated perverse incentives for not pursuing more sus</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 66" href="http://viewer.zmags.com/publication/4dfa4862?page=66">The Peruvian experience Until recently, Peruvia</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 67" href="http://viewer.zmags.com/publication/4dfa4862?page=67">CITIES AS DEVELOPMENT PARTNERS By William Cobbett</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 68" href="http://viewer.zmags.com/publication/4dfa4862?page=68">Getting cities right—assuring that they are effici</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 69" href="http://viewer.zmags.com/publication/4dfa4862?page=69">process is more likely to provide solutions than d</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 70" href="http://viewer.zmags.com/publication/4dfa4862?page=70"> FAST FACTS For the first time in history, mor</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 71" href="http://viewer.zmags.com/publication/4dfa4862?page=71"> “ The city as a center where, any day in an</a> <a title="Handshake Issue #4, Cities &amp; PPPs page 72" href="http://viewer.zmags.com/publication/4dfa4862?page=72"> Subscribe: ifc.org/handshake Connect with us: </a>