BENGALURU: The upcoming municipal budget is expected to lay special focus on the city’s peripheral areas that are reeling under poor infrastructure. It remains to be seen if fund allocation matches the thought, especially since that has not been the case in previous budgets. Bommanahalli, Dasarahalli, Mahadevapura, Rajarajeshwari Nagar and Read more…
Kabul, 21 February 2018 – The prosperity of nations is closely related to the prosperity of their cities. Cities worldwide account for more than 80% of global GDP. In Afghanistan, a country affected by longstanding conflict which has led to large numbers of internally displaced persons and returning refugees, cities Read more…
Malaysia has set up a fund for members of the public to donate cash to help the new government repay its hefty national debt. The finance ministry on Wednesday provided a bank account number for deposits to help curb the country’s debt of 1 trillion ringgit ($250.8bn), which amounts to Read more…
Economies of agglomeration and economies of scale are the two major
benefits of urbanization, but despite a global trend towards urbanization,
high population density—a key condition for realizing economies of agglomeration—
is far from ubiquitous.
In sub-Saharan Africa, in 2014 over half of the
urban population (55.9 per cent) lived in slums,
and by 2050, Africa’s urban dwellers are projected
to have increased from 201 million in 2014 to
The primary problem for small and
medium-sized cities in developing countries is the
large time lag between the initial investment in infrastructure
and the return on this investment in the
form of development fees and tax revenues reaped
from infrastructure-enabled economic growth.
Modern infrastructure is a key component in achieving the SDGs, and
meeting only the basic infrastructure investment needs of developing countries amounts to an estimated US$1 trillion to $1.5 trillion annually.
This chapter examines the role real estate development
plays in emerging cities. It begins with a
discussion of the merits of managed urban growth.
It then discusses how cities can use planning and
asset management to create and capture value.
This chapter briefly reviews the instruments commonly used to engage in land value
sharing and raise revenue based on land value and land attributes. Both theory and
practice support the use of land-based revenue sources. However, the challenges
associated with effective implementation should not be understated