Tag Archives | urban planning

Municipal bonds: Innovative mechanisms to finance smart cities in India

Municipal bonds: innovative mechanisms to finance smart cities in India
Reports from the United Nations estimate that India will add 404 million persons to its urban areas between 2014 and 2050 (UN DESA 2014) and that it will have seven cities with a population of more than 10 million by 2030 (UN DESA 2016). Currently, India is making an ambitious effort in its urban transformation under the “Smart Cities Mission” of the Union Government. With the guidance of the Ministry of Housing and Urban Affairs, India’s urban local bodies (ULBs) have been proactively working to achieve better efficiency and equity in the utilization of financial resources for developing municipal infrastructure. They have been augmenting their financial autonomy by developing data-driven and market-based financial instruments that attract investments to their projects.

Economics, Environment, Infrastructure, Population, Poverty Reduction, Social Development and Poverty, Urban

Housing policy in the Republic of Korea

Housing policy in the Republic of Korea
This article evaluates housing policy in the Republic of Korea over the past 5 decades or so, and describes new challenges arising from the changing environment. The most pressing housing problem in the early phase of development of the Republic of Korea was an absolute shortage of housing. The country addressed this problem with the pragmatic approach of engaging the market using government intervention as leverage.