Metro-Matrix Theory » Metropolitan Financing »
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Part 01: Metropolitan Funding |
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| Part 01: An Empirical and Pragmatic approach to Metropolitan Finance as a ratio of national GDP and National Public Budget | |
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Part 02: Metropolitan Spending |
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| Part 02: An Empirical and Pragmatic approach to Metropolitan Spending as a process of political decisions between economic and social priorities. | |
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Metropolitan Finance, for those who do not like it |
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| This is a propositive paper. It is the result of a differential comparative approach to frame the municipal budgetary needs of emerging municipalities and metropolises to enter the path to development. In this paper, we are going to try to establish some basic principles on how cities and metropolises should be financed. We hope the approach will be useful for decision-advocates and decision-makers.
The paper focuses on the requirement of finance to build infrastructures in order to position the nation in a globalized world. The municipalities, however, do not have enough budgets to make the investments possible. Thus, it is a nation’s responsibility to balance the financial share of its metropolises. |
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