But certainly, any means of giving cities both greater autonomy in resource mobilization, along with greater managerial capability need to be pursued, even if this is to be achieved within the existing federal framework.
V.  The financial sector  Looking back over the past 20 years, there have clearly been massive changes in the financial sector, which have completely changed the nature of intermediation, the range of products and services available and the intensity of competition. This has clearly been in sync with the overall development and structural change of the economy.