The Cupboard is Full: Public Finance for Public Services in the Global South

http://www.municipalservicesproject.org/sites/municipalservicesproject.org/files/publications/Lipschutz-Romano_The_Cupboard_is_Full_May2012_FINAL.pdf  Attached for you information is a link  to a paper , recently brought to my attention,  prepared by the municipal services project out of Canada

 The publication is well worth a read , you will also find reference to the use of public pension (superannuation)  funds at page 15 …Whilst the paper is target at developing countries funding there are a number of arguments relevant to all countries

Advice www.municipalservicesproject.org