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Connecting Cities with Macro-economic Concerns - The Missing Link (Paperback, New)
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Connecting Cities with Macro-economic Concerns - The Missing Link (Paperback, New)
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'Connecting Cities with Macro-economic Concerns' examines the
influence of local public services on the economics of cities. The
relationship between economic development and urbanization is
indisputable; less clear, however, are the ways in which cities
directly contribute to economic growth and employment creation.
Current economic thinking holds that the ability of cities to
create wealth depends on 'agglomeration economies.' This refers to
the geographic concentration of industries and people which enables
economic actors to come together, interact, and become productive.
However, this ability to promote productive interaction depends on
several factors, one of which is the provision of local public
services. The book argues that the quality of local services
significantly influences the productivity of a city, and of its
business firms. Inferior local services increase the cost of
interaction, erode the effects of agglomeration, and diminish
wealth-creation potential. This study attempts to assess the costs
of inferior local public services to firms. Based on surveys
conducted in five cities - Belo Horizonte (Brazil), Montreal
(Canada), Puebla (Mexico), San Jose (Costa Rica), and San Salvador
(El Salvador) - it examines the complex issues surrounding local
service provision, and illustrates how inferior local services
affect firms and, in turn, the ability of firms to contribute to
wealth.
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