Shanghai

Du Huynh ()
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Du Huynh: Fulbright University Vietnam

Chapter Chapter 5 in Making Megacities in Asia, 2020, pp 71-86 from Springer

Abstract: Abstract Shanghai is also a successful case since China’s national leadership decided to prioritize it for the national development from the early 1990s. It has all five factors of success. First, the national development strategy was clear; thus, Shanghai has been prioritized for the national economic development and openness. Second, Shanghai has been allowed to keep very high shares of the budget revenue and expenditure. In recent years, in comparison to the GDP, it is over 20%, twice as Seoul’s, three to four times higher than those of the other cities. Third, it has consistently pursued long-term strategies. Fourth, there have been many public entrepreneurs with powerful supporting coalitions. Fifth, a highly centralized government structure is positive for Shanghai’s development. However, the role of urban planning is limited.

Keywords: Shanghai; China; Development strategy; Public entrepreneurship; Dictatorship (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sbrchp:978-981-15-0660-4_5

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DOI: 10.1007/978-981-15-0660-4_5

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