Financing Transit-Oriented Development with Land Values: Adapting Land Value Capture in Developing Countries (Urban Development)

Suzuki, Hiroaki, Murakami, Jin, Hong, Yu-Hung, Tamayose, Beth

Editorial: World Bank Publications, 2015
ISBN 10: 1464801495 / ISBN 13: 9781464801495
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Sinopsis: Cities in developing countries are experiencing unprecedented urban growth. Unfortunately, this is often accompanied by the negative impacts of sprawl as a result of rapid motorization such as congestion, air pollution, greenhouse gas emissions, inefficient use of energy and time, and unequal accessibility. As these cities are often under severe fiscal constraints, they face great challenges in financing capital-intensive mass transit systems to reverse the course of these negative trends. Development-based land value capture (DBLVC) financing schemes being practiced in Asian megacities like Hong Kong SAR, China, and Tokyo have helped them not only to generate funds for transit investment and operational and maintenance costs but also to promote sustainable urban development through transit-oriented development (TOD).

Many rapidly growing cities in developing countries have the conditions for introducing DBLVC – namely, strong economic growth, rising real incomes and increased motorization and congestion levels – all of which cause land value appreciation within proximity of transit stations or corridors. If adapted well to local contexts, DBLVC schemes have great potential to become an important strategic apparatus of urban finance and planning for cities in developing countries. Through a careful analysis of various case studies, this book provides strategies, policies, and methodologies that policy makers and practitioners can apply in developing their own DBLVC schemes for transit financing.

Review: What the literature has long been missing is a thorough, thoughtful book that translates how to move land value capture from the ivory towers of theory to real-world implementation. This book comes as close to any in achieving this. It shows that land value capture holds tremendous untapped potential as a viable and sustainable funding source for public transit improvements and leveraging transit-supportive growth, particularly in developing cities. --Robert Cervero, Friesen Chair of Urban Studies and Professor of City and Regional Planning, University of California, Berkeley

This book will help cities in emerging economies, and those of us working with them, to tap into the increases in land value resulting from the economic development stirred by public investments in infrastructure, providing opportunities to finance further public investment in infrastructure in a virtuous cycle. This provides finance but also helps structure more sustainable cities through complementary land use regulations, furthering the virtuous cycle of financial, environmental, and social sustainability. --Holger Dalkmann, Acting Global Director, Transport and Cities, and Director, EMBARQ, World Resources Institute

What a timely and important book! It makes an impressive contribution to urban planning literature, bridging theory and practice in transit-oriented development and offering much needed practical advice on how to structure and execute land value capture mechanisms to finance infrastructure investment. It is invaluable for all city planners and public investors, providing pragmatic guidance based on thorough analysis of successful efforts in Hong Kong [SAR, China] and Tokyo and emerging efforts in places like São Paulo, Nanchang, and Hyderabad. Bravo! --George W. McCarthy, President and CEO, Lincoln Institute of Land Policy

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Detalles bibliográficos

Título: Financing Transit-Oriented Development with ...
Editorial: World Bank Publications
Año de publicación: 2015
Condición del libro: Good

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Suzuki, Hiroaki
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Descripción 2015. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería KB-9781464801495

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Hiroaki Suzuki, World Bank, Jin Murakami
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Descripción World Bank Publications, United States, 2015. Paperback. Estado de conservación: New. Language: English . Brand New Book. Cities in developing countries are experiencing unprecedented urban growth. Unfortunately, this is often accompanied by the negative impacts of sprawl as a result of rapid motorisation such as congestion, air pollution, greenhouse gas emissions, inefficient use of energy and time, and unequal accessibility. As these cities are often under severe fiscal constraints, they face great challenges in financing capital-intensive mass transit systems to reverse the course of these negative trends. Development-based land value capture (DBLVC) financing schemes being practiced in Asian megacities like Hong Kong SAR, China, and Tokyo have helped them not only to generate funds for transit investment and operational and maintenance costs but also to promote sustainable urban development through transit-oriented development (TOD). Many rapidly growing cities in developing countries have the conditions for introducing DBLVC - namely, strong economic growth, rising real incomes, and increased motorisation and congestion levels - all of which cause land value appreciation within proximity of transit stations or corridors. If adapted well to local contexts, DBLVC schemes have great potential to become an important strategic apparatus of urban finance and planning for cities in developing countries. Through a careful analysis of various case studies, this book provides strategies, policies, and methodologies that policy makers and practitioners can apply in developing their own DBLVC schemes for transit financing. Nº de ref. de la librería AAS9781464801495

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Descripción World Bank Publications, 2015. PAP. Estado de conservación: New. New Book. Delivered from our US warehouse in 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND.Established seller since 2000. Nº de ref. de la librería IP-9781464801495

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Hiroaki Suzuki, World Bank, Jin Murakami
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Descripción World Bank Publications, United States, 2015. Paperback. Estado de conservación: New. Language: English . Brand New Book. Cities in developing countries are experiencing unprecedented urban growth. Unfortunately, this is often accompanied by the negative impacts of sprawl as a result of rapid motorisation such as congestion, air pollution, greenhouse gas emissions, inefficient use of energy and time, and unequal accessibility. As these cities are often under severe fiscal constraints, they face great challenges in financing capital-intensive mass transit systems to reverse the course of these negative trends. Development-based land value capture (DBLVC) financing schemes being practiced in Asian megacities like Hong Kong SAR, China, and Tokyo have helped them not only to generate funds for transit investment and operational and maintenance costs but also to promote sustainable urban development through transit-oriented development (TOD). Many rapidly growing cities in developing countries have the conditions for introducing DBLVC - namely, strong economic growth, rising real incomes, and increased motorisation and congestion levels - all of which cause land value appreciation within proximity of transit stations or corridors. If adapted well to local contexts, DBLVC schemes have great potential to become an important strategic apparatus of urban finance and planning for cities in developing countries. Through a careful analysis of various case studies, this book provides strategies, policies, and methodologies that policy makers and practitioners can apply in developing their own DBLVC schemes for transit financing. Nº de ref. de la librería AAS9781464801495

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Hiroaki Suzuki, World Bank, Jin Murakami
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Descripción World Bank Publications, United States, 2015. Paperback. Estado de conservación: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Cities in developing countries are experiencing unprecedented urban growth. Unfortunately, this is often accompanied by the negative impacts of sprawl as a result of rapid motorisation such as congestion, air pollution, greenhouse gas emissions, inefficient use of energy and time, and unequal accessibility. As these cities are often under severe fiscal constraints, they face great challenges in financing capital-intensive mass transit systems to reverse the course of these negative trends. Development-based land value capture (DBLVC) financing schemes being practiced in Asian megacities like Hong Kong SAR, China, and Tokyo have helped them not only to generate funds for transit investment and operational and maintenance costs but also to promote sustainable urban development through transit-oriented development (TOD). Many rapidly growing cities in developing countries have the conditions for introducing DBLVC - namely, strong economic growth, rising real incomes, and increased motorisation and congestion levels - all of which cause land value appreciation within proximity of transit stations or corridors. If adapted well to local contexts, DBLVC schemes have great potential to become an important strategic apparatus of urban finance and planning for cities in developing countries. Through a careful analysis of various case studies, this book provides strategies, policies, and methodologies that policy makers and practitioners can apply in developing their own DBLVC schemes for transit financing. Nº de ref. de la librería TNP9781464801495

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Hiroaki Suzuki, Jin Murakami, Yu-Hung Hong, Beth Tamayose
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Descripción World Bank Group Publications 2015-01-30, Washington, DC, 2015. paperback. Estado de conservación: New. Nº de ref. de la librería 9781464801495

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Descripción World Bank Publications, 2015. Paperback. Estado de conservación: NEW. 9781464801495 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. For all enquiries, please contact Herb Tandree Philosophy Books directly - customer service is our primary goal. Nº de ref. de la librería HTANDREE0844623

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