Economic Foundations for Sustainable Urbanization: A Study on Three-Pronged Approach: Planned City Extensions, Legal Framework, and Municipal Finance

2nd Edition

The main objective of this study is to provide local governments and planning departments with a rational approach to Planned City Extension (PCE)1 by integrating the three fundamental principles behind sustainable urbanization proposed by UN-Habitat’s Three-Pronged Approach: good planned city extension, efficient municipal finance and proper legal framework.

Through a quantitative and qualitative assessment of how these principles affect urban productivity, it aims at illustrating the following points:

  • Well-planned cities have higher urban productivity in the long run
  • Financial and legal factors are key for a successful implementation of plans and for creating an urban ecosystem with steady and resilient value creation

It is meant as a practical tool as it provides the methodology for measuring the economic impacts of different decisions in spatial planning, urban financial management and legislation. It supports the promotion mof a comprehensive integrated urban planning agenda among policy makers and urban managers; strengthens the understanding of present and future gaps in urban strategies and creates a scientific methodology for developing and managing urban space, creating a comprehensive legal and institutional framework,
prioritizing investments and evaluating the impact of long-term spatial planning decisions and infrastructure investments.

Author(s): Serge Salat, Loeiz Bourdic, Marco Kamiya

Published by: Urban Economy Branch, UN-HABITAT/ Urban Morphology Institute and Complex Systems, Paris