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The Quality of Life in Latin American Cities - Markets and Perception (Paperback)
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The Quality of Life in Latin American Cities - Markets and Perception (Paperback)
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A growing number of cities around the world have established
systems for monitoring the quality of urban life. Many of those
systems combine objective information with subjective opinions and
cover a wide variety of topics. This book assesses a method that
takes advantage of both types of information and offers criteria to
identify and rank the issues of potential importance for urban
dwellers. This method which combines the so-called 'hedonic price'
and 'life satisfaction' approaches to value public goods was tested
in pilot studies in six Latin American cities: Bogota, Buenos
Aires, Lima, Medellin, Montevideo, and San Jose of Costa Rica. It
provides valuable insights to address key questions such as, Which
urban problems have the greatest impact on people s opinions of
city management and the most widespread effects on their lives? Do
gaps between perception and reality vary from one area of the city
to another, especially between high- and low-income neighborhoods?
Where can homebuilders most feasibly seek solutions to problems
such as inadequate road infrastructure, a lack of recreational
areas, or poor safety conditions? Which problems should government
authorities address first, in light of their impact on the
well-being of various groups of individuals and given private
actors abilities to respond? Which homeowners benefit the most from
public infrastructure or services? When can or should property
taxes be used to finance the provision of certain services or the
solution of certain problems? 'The Quality of Life in Latin
American Cities: Markets and Perception' proposes a monitoring
system that is easy to operate and that entails reasonable costs
but also has a solid conceptual basis. Long the ideal of many
scholars and practitioners, such a system may soon become a reality
and have the potential to make a significant contribution to the
decision-making processes in any city concerned with the well-being
of its residents."
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