The book was prepared by John Petersen and Mila Freire, lead editors, with the collaboration of Marcela Huertas and Miguel Valadez. John Petersen was lead author, with chapter contributions from Asad Alam, Michael D’Angelis, Colleen Butcher, Benjamin Darche, John Dunn, Samir El Daher, Peter D. Ellis, Giovanni Giovanelli, Mathew Glasser, Steven Hochman, Robert Kehew, Kremena Ionkova, João C. Oliveira, David Rosen, Pryianka Sood, Stepan Titov, Rodrigo Trelles Zabala, Miguel Valadez, and Roland White. Useful insights and mate- rials were obtained from many, including Barbara Boone (Moody’s Investor Services), Jane Eddy (Standard & Poor’s), and Gersan Zurita (Fitch Ratings).
Also very valuable were inputs prepared for the earlier work on subnational borrowing by AB Asesores, with the assistance of Marcela Huertas, on the Latin American case studies; Benjamin Darche on the European and Central Asian case studies; SRIC Corporation, Research Triangle Institute on the East Asian studies, and Enrique Asturizaga; and Remy Prud’homme on the African case studies. The initial pro- ject was encouraged and approved by Frannie A. Leautier, Vice Presi- dent of the World Bank Institute, and funded by the President’s Con- tingency Fund under the leadership of Mr. James D. Wolfensohn. The work was conducted under the supervision of Danny Leipziger, Direc- tor of the World Bank’s Latin America and the Caribbean Region’s Fi- nance, Private Sector, and Infrastructure Department. Eleoterio Coda- to, Anwar Shah, and Clemente del Valle served as internal reviewers. Useful comments were received from Anjali Kumar and Victor Vergara and from external reviewers. The book was edited by Meta de Coquereaumont of Communications Development Inc., and Mary Fisk, Office of the Publisher, served as production editor.