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Financial Engineering in Sustainable Funding of Urban Development in the EU - Reflections on the JESSICA Initiative (Hardcover)
Loot Price: R2,420
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Financial Engineering in Sustainable Funding of Urban Development in the EU - Reflections on the JESSICA Initiative (Hardcover)
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This theoretically rooted and research-based book provides insights
on the JESSICA funding model which - unlike the traditional
non-repayable aid - focuses on supporting sustainable urban
development projects in a repayable and recyclable way. Looking
through the lens of the JESSICA financial engineering mechanism
used in urban transformation, it examines the functioning and
performance thereof and formulates policy recommendations for the
future. The aim of this volume is to contribute to a deeper
understanding of the JESSICA sustainable funding model by exploring
its repayable assistance mechanism to support sustainable urban
development projects. The authors make several noteworthy
contributions to the literature on EU cohesion policy and shed
light on the use of the repayable instruments within public
interventions, while providing, for the first time, a critical
analysis of the JESSICA sustainable funding model from the holistic
perspective which is especially relevant for supporting sustainable
urban development. Financial Engineering in Sustainable Funding of
Urban Development in the EU provides policy-significant findings
that are important for EU cohesion policy in the field of repayable
assistance to be reinvested in the long term in urban and regional
transformation.
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