Urban infrastructure for development

The paper discusses the importance of infrastructure investment in growing cities, arguing that, in addition to its direct benefits, infrastructure plays crucial roles in enabling density and coordinating private investment decisions. Many cities have failed to invest in sufficient infrastructure du...

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Chi tiết về thư mục
Những tác giả chính: collier, P, Venables, A
Định dạng: Journal article
Được phát hành: Oxford University Press 2016
Miêu tả
Tóm tắt:The paper discusses the importance of infrastructure investment in growing cities, arguing that, in addition to its direct benefits, infrastructure plays crucial roles in enabling density and coordinating private investment decisions. Many cities have failed to invest in sufficient infrastructure due to inadequate financing tools (in particular failure to capture benefits through land value taxation) and fragmented urban authority.