Globalization and Dynamics of Urban Production

The growing influence of private actors, particularly in the financial sector, has led to an increase in real estate values on a global scale, disconnecting them from the financial capacities of local actors, increasing inequalities and vulnerabilities. This book offers the keys to understanding these new dynamics of capital accumulation in the general built-up environment of cities by taking into account the diversity of their configurations, intensity, and urban effects.

Format: Hardback
Length: 272 pages
Publication date: 13 December 2023
Publisher: ISTE Ltd

Over the past two decades, urbanization processes have undergone significant transformations driven by the increasing influence of private actors, particularly in the financial sector. This has exposed the physical environments of various cities to global capital flows, resulting in a global rise in real estate values. However, this growth is often disconnected from the financial capabilities of local actors, primarily households, leading to increased inequalities and vulnerabilities in societies regarding financial and environmental risks.

This book aims to provide insights into these emerging dynamics of capital accumulation within the broader built-up environment of cities, considering the diverse configurations, intensities, and urban effects across different national contexts. While focusing on major Western countries and the initial centers of the financial industry, the book also addresses the specific contexts of real estate production in four major regions: Northeast Asia, Southeast Asia, the Middle East, and West Africa.

By examining these diverse settings, the book seeks to unravel the complex relationships between urbanization, finance, and the environment. It explores how global capital flows shape urban development, the impact of real estate markets on local economies, and the challenges and opportunities faced by communities in these changing landscapes.

Through a comprehensive analysis of case studies and theoretical frameworks, this book offers valuable insights for policymakers, urban planners, developers, and researchers interested in understanding the evolving dynamics of urbanization and their implications for sustainable development. It emphasizes the need for balanced and inclusive approaches that consider the financial and environmental capacities of local actors and promote sustainable urban growth.

Weight: 662g
ISBN-13: 9781789451382