Who owns, runs and pays for city infrastructure?

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Chapter 1 in Financialising City Statecraft and Infrastructure, 2019, pp 1-30 from Edward Elgar Publishing

Abstract: Infrastructure systems provide the services we all rely upon for our everyday lives. Our relationships with infrastructures have been disturbed by increasing and more sophisticated demands, new technologies and geographical unevenness in the availability, quality and cost of urban infrastructure provision. Public concerns have raised fundamental questions about who owns, runs and pays for city infrastructure. The book aims to better understand the engagements of financialisation with city governance and infrastructure and identify its implications for urban and regional development, politics and policy. Outlining the recent rise and “crisis†of city infrastructure, it argues that understanding contemporary financialisation is critical to explain its funding, financing and governing. Understanding financialisation as a socially and spatially variegated process, national and local states are subject to as well as leading this financialising process, and it is generating wider and longer-term ramifications for development, politics and policy in cities and regions.

Keywords: Economics and Finance; Geography; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2019
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