The Public Wealth of Cities

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Release : 2017-07-18
Genre : Business & Economics
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Book Rating : 995/5 ( reviews)

The Public Wealth of Cities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Public Wealth of Cities write by Dag Detter. This book was released on 2017-07-18. The Public Wealth of Cities available in PDF, EPUB and Kindle. How to leverage existing resources to meet the current and future needs of cities Crumbling streets and bridges. Poorly performing schools and inadequate social services. These are common complaints in cities, which too often struggle just to keep the lights on, much less make the long-term investments necessary for future generations. It doesn’t have to be this way. This book by two internationally recognized experts in public finance describes a new way of restoring economic vitality and financial stability to cities, using steps that already have been proven remarkably successful. The key is unlocking social, human, and economic wealth that cities already own but is out of sight—or “hidden.” A focus on existing public wealth helps to shift attention and resources from short-term spending to longer-term investments that can vastly raise the quality of life for many generations of urban residents. A crucial first step is to understand a city’s balance sheet—too few cities comprehend how valuable a working tool this can be. With this in hand, taxpayers, politicians, and investors can better recognize the long-term consequences of political decisions and make choices that mobilize real returns rather than rely on more taxes, debt, or austerity. Another hidden asset is real estate. Even poor cities own large swathes of poorly utilized land, or they control underperforming utilities and other commercial assets. Most cities could more than double their investments with smarter use of these commercial assets. Managing the city’s assets smartly through the authors’ proposed Urban Wealth Funds—at arm’s-length from short-term political influence—will enable cities to ramp up much needed infrastructure investments.

The Public Wealth of Nations

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Release : 2016-02-05
Genre : Social Science
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Book Rating : 86X/5 ( reviews)

The Public Wealth of Nations - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Public Wealth of Nations write by Dag Detter. This book was released on 2016-02-05. The Public Wealth of Nations available in PDF, EPUB and Kindle. We have spent the last three decades engaged in a pointless and irrelevant debate about the relative merits of privatization or nationalization. We have been arguing about the wrong thing while sitting on a goldmine of assets. Don’t worry about who owns those assets, worry about whether they are managed effectively. Why does this matter? Because despite the Thatcher/ Reagan economic revolution, the largest pool of wealth in the world – a global total that is much larger than the world’s total pensions savings, and ten times the total of all the sovereign wealth funds on the planet – is still comprised of commercial assets that are held in public ownership. If professionally managed, they could generate an annual yield of 2.7 trillion dollars, more than current global spending on infrastructure: transport, power, water, and communications. Based on both economic research and hands-on experience from many countries, the authors argue that publicly owned commercial assets need to be taken out of the direct and distorting control of politicians and placed under professional management in a ‘National Wealth Fund’ or its local government equivalent. Such a move would trigger much-needed structural reforms in national economies, thus resurrect strained government finances, bolster ailing economic growth, and improve the fabric of democratic institutions. This radical, reforming book was named one of the "Books of the Year".by both the FT and The Economist.

The Hidden Wealth of Cities

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Release : 2020-02-13
Genre : Business & Economics
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Book Rating : 937/5 ( reviews)

The Hidden Wealth of Cities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Hidden Wealth of Cities write by Jon Kher Kaw. This book was released on 2020-02-13. The Hidden Wealth of Cities available in PDF, EPUB and Kindle. In every city, the urban spaces that form the public realm—ranging from city streets, neighborhood squares, and parks to public facilities such as libraries and markets—account for about one-third of the city’s total land area, on average. Despite this significance, the potential for these public-space assets—typically owned and managed by local governments—to transform urban life and city functioning is often overlooked for many reasons: other pressing city priorities arising from rapid urbanization, poor urban planning, and financial constraints. The resulting degradation of public spaces into congested, vehicle-centric, and polluted places often becomes a liability, creating a downward spiral that leads to a continuous drain on public resources and exacerbating various city problems. In contrast, the cities that invest in the creation of human-centered, environmentally sustainable, economically vibrant, and socially inclusive places—in partnership with government entities, communities, and other private stakeholders—perform better. They implement smart and sustainable strategies across their public space asset life cycles to yield returns on investment far exceeding monetary costs, ultimately enhancing city livability, resilience, and competitiveness. The Hidden Wealth of Cities: Creating, Financing, and Managing Public Spaces discusses the complexities that surround the creation and management of successful public spaces and draws on the analyses and experiences from city case studies from around the globe. This book identifies—through the lens of asset management—a rich palette of creative and innovative strategies that every city can undertake to plan, finance, and manage both government-owned and privately owned public spaces.

The New Wealth of Cities

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Release : 2007
Genre : Business & Economics
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Book Rating : 153/5 ( reviews)

The New Wealth of Cities - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The New Wealth of Cities write by John Montgomery. This book was released on 2007. The New Wealth of Cities available in PDF, EPUB and Kindle. In The New Wealth of Cities, John Montgomery provides a long overdue look at the dynamics of the city. Original and wide-ranging, the book will be definitive resource on city economies and urban planning, explaining why it is that cities develop over time in periods of propulsive growth and bouts of decline.

Strong Towns

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Release : 2019-10-01
Genre : Business & Economics
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Book Rating : 816/5 ( reviews)

Strong Towns - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Strong Towns write by Charles L. Marohn, Jr.. This book was released on 2019-10-01. Strong Towns available in PDF, EPUB and Kindle. A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.