Urban Policy And Economic Development

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Urban Policy and Economic Development

Rapid demographic growth will add 600 million people to cities and towns in developing countries during the 1990s, about two-thirds of the expected total population increase. Of the world's 21 megacities, which will expand to have more than 10 million people, 17 will be in developing countries. With urban economic activities making up an increasing share of GDP in all countries, the productivity of the urban economy will heavily influence economic growth. This paper analyzes the fiscal, financial, and real sector linkages between urban economic activities andmacroeconomic performance. It builds on this analysis to propose a policy framework and strategy that willredefine the urban challenge in developing countries. ISBN10: 0-8213-1816-0 ISBN13: 978-0-8213-1816-4
Urban Economy

Urban Economy: Real Estate Economics and Public Policy analyses urban economic change and public policy in a more practical way than a typical urban economics book. The book has a distinctive framework that considers the underlying reasons, and the consequences of urban change for real estate investors and policy makers. Part 1 covers the basics of urban economics and real estate markets, including housing and commercial. Part 2 looks at the reformulation of urban systems and the reasons why. It then considers the consequences for real estate markets and investment of decentralisation forces and emerging technology. The issues that arise for urban public policy are then discussed, notably transport policies, public finance and sustainability, before a chapter examining housing neighbourhood and housing market dynamics and a shift from spatial change to regeneration. Part 3 reverses the dominant perspective of Part 2 to assess the effectiveness of how property led policies can positively influence a local economy and urban regeneration. The chapters consider several important policy questions and constraints and draw on a number of case studies that illustrate the benefits and drawbacks. The book includes chapter objectives, self-assessment questions, chapter summaries, learning outcomes, case studies, global data and statistics and is a new textbook for core courses in urban economics and real estate economics on global Real Estate, Planning and related degree courses.
Community-Based Urban Development

The book compares different approaches to urban development in Singapore and Seoul over the past decades, by focusing on community participation in the transformation of neighbourhoods and its impact on the built environment and communal life. Singapore and Seoul are known for their rapid economic growth and urbanisation under a strong control of developmental state in the past. However, these cities are at a critical crossroads of societal transformation, where participatory and community-based urban development is gaining importance. This new approach can be seen as a result of a changing relationship between the state and civil society, where an emerging partnership between both aims to overcome the limitations of earlier urban development. The book draws attention to the possibilities and challenges that these cities face while moving towards a more inclusive and socially sustainable post-developmental urbanisation. By applying a comparative perspective to understand the evolving urban paradigms in Singapore and Seoul, this unique and timely book offers insights for scholars, professionals and students interested in contemporary Asian urbanisation and its future trajectories.