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Finance for City Leaders Handbook

image of Finance for City Leaders Handbook

Cities are a driving force of the 21st century. Through bringing large numbers of people into close proximity, they spark economic growth, foster innovation, and generate prosperity. But they face the pressing challenges of creating a livable environment for their residents, enabling economic activity that benefits all citizens, and fostering urban development that is environmentally sustainable, equitable, and resilient to disruptive forces. Finance for City Leaders presents an up-to-date, comprehensive, and in-depth analysis of the challenges posed by rapid urbanization and the various financing tools municipalities have at their disposal. By providing city leaders with a wide array of financing solutions that emphasize sustainability, inclusion, and financial autonomy, this publication contributes to the growing conversation on how cities can look inward to finance major capital expenditures, infrastructure maintenance and operation, and public services.

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Sharing the wealth: Private land value and public benefit

Sustainable development includes the public financial resources to invest in and maintain the physical infrastructure and urban services necessary to support urban living. The need for additional resources to meet the demands of urban growth is nearly ubiquitous. This need has led many thoughtful observers to advocate greater use of land as a basis for raising additional revenues. For example, the editors of The Economist recently argued.

English

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