Financialization of Entrepreneurial Urbanism

Financialization of Entrepreneurial Urbanism PDF Author: Dimitar Anguelov
Publisher:
ISBN:
Category :
Languages : en
Pages : 67

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Book Description
I examine the ways in which processes of financialization articulate with regulatory regimes to affect urban governance by taking up the case of Financial Engineering Instruments (FEIs) in the European Union's Cohesion Policy. In the `post-crisis' era of European austerity, FEIs `leverage' EU funds with private capital in order to more efficiently and effectively utilize the funds, amplify their impact, and introduce a "more commercial approach to the regeneration of urban areas". The transformation of these funds from grant assistance to `repayable investments' allows for the financing of public-private `urban regeneration' projects, for which investment decisions are based on standards of economic performance and credit worthiness rather than social necessity. I examine the unfolding discourses and logic driving these regulatory instruments, and argue that as the technology for implementing development policy and shaping socio-spatial relations and subjectivities through particular discourse and practice, these financial instruments are a representation of the growing interdependence between (or co-constitution of) neoliberalism and financialization. The transformation of the EU's development policies is contextualized within its broader geographical political economy, and the European financial and economic crises of 2008.

Urban Studies and Entrepreneurship

Urban Studies and Entrepreneurship PDF Author: Muhammad Naveed Iftikhar
Publisher: Springer
ISBN: 3030151646
Category : Science
Languages : en
Pages : 288

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Book Description
This book attempts to advance critical knowledge and practices for fostering a variety of entrepreneurship at a city level. The book aims to connect scholarship and policy practice in two disciplines: Urban Studies and Entrepreneurship. The book has included contributions from developed, emerging, and developing countries. The chapters are clubbed under five main sections; I. Startups and Entrepreneurial Opportunities, II. Knowledge Spillover, III. Social and Bureaucratic Entrepreneurialism, IV. Demography and Informal Entrepreneurs V. Perspectives from Emerging and Developing Economies. In this regard, the book explores a number of questions, such as: what are the important varieties of entrepreneurship, how can they be observed and measured, and how does each variety emerge and operate under various conditions of infrastructure and opportunity? Which type(s) of entrepreneurship should a city prefer? What can cities do to stimulate desirable forms of entrepreneurship or is it more of a spontaneous phenomenon? Why do policies that enhance entrepreneurship in some contexts seem instead to promote crony capitalism and rent-seeking in other contexts? Should cities focus on growing their own entrepreneurs and entrepreneurial enterprises or on luring them from other cities and countries? How can a collective action in a city promote (or hinder) entrepreneurship? The contributions in the present volume address head-on these questions at the intersection of urban studies, economic theory, and the practicalities of economic development and urban governance, in a genuinely global range of places and applications.

Entrepreneurial Urbanism in India

Entrepreneurial Urbanism in India PDF Author: Kanekanti Chandrashekar Smitha
Publisher: Springer
ISBN: 9811022364
Category : Social Science
Languages : en
Pages : 226

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Book Description
Through the analysis of Indian metropolises, this volume critiques the reality of “entrepreneurial governance” that has emerged as a major urban development practice in cities of the global south. In neoliberal India, the use of management rhetoric in urban development has rapidly led to the growth of urban/peri-urban structures and spaces that are supposedly “smart” and “entrepreneurial”, which are networked within global systems of production, finance, technology/ telecommunication, culture and politics. Through diverse empirical evidence from India, particularly from the metropolises of New Delhi, Mumbai, Bengaluru and Chennai, this volume focuses on the fallout of the deployment of “entrepreneurial governance” practices at national, state and local levels. Foremost, it explores the impact of specific institutional and organizational reorientations and changing urban spatial landscapes at the local level; secondly, it discusses the socio-economic implications of rollback of the state and involvement of non-state organizations in governance as part of urban entrepreneurialism; further, it discusses the regulation of urban development projects by local governments and the impact of "entrepreneurial governance" for citizens, often resulting in social exclusion and inequality. Finally, it explores the inherent contradictions within political and institutional landscapes that can be described as “entrepreneurial”. Written by scholars from diverse disciplinary backgrounds, and focusing on different facets of entrepreneurial governance in Indian metropolises, this book is of interest to researchers of urban politics, public policy, urban sociology, anthropology, urban geography, planning and architecture.

Entrepreneurial Urbanism

Entrepreneurial Urbanism PDF Author: Kevin Ward
Publisher:
ISBN: 9780415365956
Category : Architecture
Languages : en
Pages :

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Book Description
Offering a theoretically informed insight, 'Entrepreneurial Urbanism' will tease out the ways in which global neo-liberalization is shaping the decisions made by UK urban and regional political and economic elites.

Entrepreneurial Urban Regeneration

Entrepreneurial Urban Regeneration PDF Author: Rezart Prifti
Publisher: Routledge
ISBN: 1000221725
Category : Business & Economics
Languages : en
Pages : 114

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Book Description
In today's world, towns and cities dynamically develop over time and that's why urban regeneration is a widely experienced phenomenon. How can Business Improvement Districts (BIDs) create necessary conditions for the development of these phenomena? What is the role that BIDs have in entrepreneurial urbanism, supporting SMEs, city marketing and city branding? These are questions examined in this volume, in an effort to provide an extensive analysis of business improvement districts. Enriched with an analysis of various case studies, including South Africa, Ontario, Tokyo, Barcelona, Slovenia and with an in-field analysis of a cultural heritage site, Korca, Albania, the book analyses the importance, benefits, and impacts of this kind of organization. It highlights the social, economic and ecologic challenges to the historic city markets today, which led to their rapid stagnancy. This book offers a practical and structured guide of the concept of Business Improvement Districts and highlights the best practices for management, financing and organizing. It sheds light on the impacts and benefits of business improvement districts, offering conclusions about their influence on the future improvement of cultural and urban sites. It will be of value to researchers, academics, professionals, and students in the fields of management, organizational studies, strategy, and sustainable development of tourism districts.

Financialising City Statecraft and Infrastructure

Financialising City Statecraft and Infrastructure PDF Author: Andy Pike
Publisher: Edward Elgar Publishing
ISBN: 1788118952
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
Financialising City Statecraft and Infrastructure addresses the struggles of national and local states to fund, finance and govern urban infrastructure. It develops fresh thinking on financialisation and city statecraft to explain the socially and spatially uneven mixing of managerial, entrepreneurial and financialised city governance in austerity and limited decentralisation across England. As urban infrastructure fixes for the London global city-region risk undermining national ‘rebalancing’ efforts in the UK, city statecraft in the rest of the country is having uneasily to combine speculation, risk-taking and prospective venturing with co-ordination, planning and regulation.

Entrepreneurial Urbanism in India

Entrepreneurial Urbanism in India PDF Author: Kanekanti Chandrashekar Smitha
Publisher: Springer
ISBN: 9789811022357
Category : Social Science
Languages : en
Pages : 0

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Book Description
Through the analysis of Indian metropolises, this volume critiques the reality of “entrepreneurial governance” that has emerged as a major urban development practice in cities of the global south. In neoliberal India, the use of management rhetoric in urban development has rapidly led to the growth of urban/peri-urban structures and spaces that are supposedly “smart” and “entrepreneurial”, which are networked within global systems of production, finance, technology/ telecommunication, culture and politics. Through diverse empirical evidence from India, particularly from the metropolises of New Delhi, Mumbai, Bengaluru and Chennai, this volume focuses on the fallout of the deployment of “entrepreneurial governance” practices at national, state and local levels. Foremost, it explores the impact of specific institutional and organizational reorientations and changing urban spatial landscapes at the local level; secondly, it discusses the socio-economic implications of rollback of the state and involvement of non-state organizations in governance as part of urban entrepreneurialism; further, it discusses the regulation of urban development projects by local governments and the impact of "entrepreneurial governance" for citizens, often resulting in social exclusion and inequality. Finally, it explores the inherent contradictions within political and institutional landscapes that can be described as “entrepreneurial”. Written by scholars from diverse disciplinary backgrounds, and focusing on different facets of entrepreneurial governance in Indian metropolises, this book is of interest to researchers of urban politics, public policy, urban sociology, anthropology, urban geography, planning and architecture.

Local Economic and Employment Development (LEED) Private Finance and Economic Development City and Regional Investment

Local Economic and Employment Development (LEED) Private Finance and Economic Development City and Regional Investment PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264034862
Category :
Languages : en
Pages : 222

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Book Description
This study draws on practical examples from North America and Europe to show how municipal and regional authorities can capitalise on private financing for economic development purposes.

The Speculative City

The Speculative City PDF Author: Cecilia L. Chu
Publisher: University of Toronto Press
ISBN: 1487535767
Category : Architecture
Languages : en
Pages : 233

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Book Description
The Speculative City explores property speculation as a key aspect of financialization and its role in reshaping the contemporary built environment. The book offers a series of case studies that encompass a range of cities whose urban fabrics have undergone significant transformation in recent years. While the forms of these developments shared many similarities, their trajectories and social outcomes were contingent upon existing planning and policy frameworks and the historical roles assumed by the state and the private sector in housing and welfare provision. By paying close attention to the forces and actors involved in property development, this book underscores that the built environment has played an integral part in the shaping of new values and collective aspirations while facilitating the spread of financial logics in urban governance. It also shows that these dynamics represent a larger shift of politics and culture in the ongoing production of urban space and prompts reflections on future trajectories of finance-led property speculation.

The Failure of the Neo-Liberal Approach to Poverty

The Failure of the Neo-Liberal Approach to Poverty PDF Author: Brian Caterino
Publisher: Springer Nature
ISBN: 3031106067
Category : Political Science
Languages : en
Pages : 251

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Book Description
This book examines the foundation and progress of the Rochester Monroe Anti-Poverty Initiative (RMAPI). Poverty has once again become a major issue in American cities, and nowhere more so than Rochester, which has one of the highest rates of poverty in the nation. RMAPI was established to reduce poverty, yet in the five years since its formation the poverty rate is essentially unchanged. Analyzing the reasons behind its failure, this book argues that the very nature of the organizational framework is part of the problem, and that RMAPI’s project is caught up with contradictory imperatives of neo-liberal welfare reforms. More than just a study of local interest, the book uses Rochester as a case study to illuminate the limits of the neo-liberal approach to poverty. It will appeal to all those interested in political science, urban politics, community studies, welfare policy and public administration.