Abstract
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.
| Original language | English |
|---|---|
| Pages (from-to) | 391-409 |
| Number of pages | 19 |
| Journal | Oxford Review of Economic Policy |
| Volume | 32 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2016 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Africa
- Connectivity
- Infrastructure
- Transport
- Urban
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