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This theoretically rooted and research-based book provides insights on the JESSICA funding model which – unlike the traditional non-repayable aid – focuses on supporting sustainable urban development projects in a repayable and recyclable way. Looking through the lens of the JESSICA financial engineering mechanism used in urban transformation, it examines the functioning and performance thereof and formulates policy recommendations for the future. The aim of this volume is to contribute to a deeper understanding of the JESSICA sustainable funding model by exploring its repayable assistance mechanism to support sustainable urban development projects. The authors make several noteworthy contributions to the literature on EU cohesion policy and shed light on the use of the repayable instruments within public interventions, while providing, for the first time, a critical analysis of the JESSICA sustainable funding model from the holistic perspective which is especially relevant for supporting sustainable urban development. Financial Engineering in Sustainable Funding of Urban Development in the EU provides policy-significant findings that are important for EU cohesion policy in the field of repayable assistance to be reinvested in the long term in urban and regional transformation.
This theoretically rooted and research-based book provides insights on the JESSICA funding model which – unlike the traditional non-repayable aid – focuses on supporting sustainable urban development projects in a repayable and recyclable way. Looking through the lens of the JESSICA financial engineering mechanism used in urban transformation, it examines the functioning and performance thereof and formulates policy recommendations for the future. The aim of this volume is to contribute to a deeper understanding of the JESSICA sustainable funding model by exploring its repayable assistance mechanism to support sustainable urban development projects. The authors make several noteworthy contributions to the literature on EU cohesion policy and shed light on the use of the repayable instruments within public interventions, while providing, for the first time, a critical analysis of the JESSICA sustainable funding model from the holistic perspective which is especially relevant for supporting sustainable urban development. Financial Engineering in Sustainable Funding of Urban Development in the EU provides policy-significant findings that are important for EU cohesion policy in the field of repayable assistance to be reinvested in the long term in urban and regional transformation.
This engaging and topical book comprehensively explores the complexities surrounding the EU Cohesion Policy, which has been addressing regional and urban development across Europe since the 1980s. Adopting a multidisciplinary approach, it not only considers the goals of this long-term investment policy, which is to reduce territorial disparities between Member States and their regions, but also considers the role it plays in the European integration process and the challenges the EU will face in its future.
As population growth accelerates, researchers and professionals face challenges as they attempt to plan for the future. Urban planning is a significant component in addressing the key concerns as the world population moves towards the city and leaves the rural environment behind, yet there are many factors to consider for a well rounded community. The Handbook of Research on Social, Economic, and Environmental Sustainability in the Development of Smart Cities brings together the necessary research and interdisciplinary discussion to address dilemmas created by population growth and the expansion of urban environments. This publication is an essential reference source for researchers, academicians, investors, and practitioners interested in the urban planning and technological advancements necessary for the creation of smart cities.
Governing Sustainability in the EU examines the recent novelties in the EU agenda for sustainable development, illustrating how the process of policy change has occurred at different levels, comprising general priorities, specific objectives and policy instruments. The book focuses on the evolution of the principle of policy integration and analyses its implementation by specific policy instruments across three policy areas: energy efficiency (the Covenant of Mayors), innovation (the Eco-Innovation Programme) and regional development (ERDF regional programmes regarding sustainable urban development). It specifically examines two domestic contexts (Italy and the UK) with the aim of understanding how the goals and means envisaged by the EU have been translated into concrete policy practices on the ground, and which factors have influenced the creation of new policy and governance practices necessary for the achievement of sustainable development objectives. This text will be of key interest to scholars, students and practitioners of sustainable development, European Union Politics, and Environmental Politics.
This paper focuses on EU structural and cohesion funds assistance to Bulgaria during the 2007–13 program period. Initial weaknesses resulted in a low absorption rate, which was mitigated by increasing advance payments; applying electronic application and reporting procedures; simplifying and unifying tender processes; and strengthening the role of international financial institutions and banks in project preparation, evaluation and monitoring. The possible impact on growth and potential output is briefly discussed, while the risks of improper absorption are acknowledged. Valuable lessons have been learned, but it is recommended that additional steps be taken for the next program period 2014–20.
As population growth accelerates, researchers and professionals face challenges as they attempt to plan for the future. E-planning is a significant component in addressing the key concerns as the world population moves towards urban environments. E-Planning and Collaboration: Concepts, Methodologies, Tools, and Applications contains a compendium of the latest academic material on the emerging interdisciplinary areas of e-planning and collaboration. Including innovative studies on data management, urban development, and crowdsourcing, this multi-volume book is an ideal source for planners, policymakers, researchers, and graduate students interested in how recent technological advancements are enhancing the traditional practices in e-planning.
Reflecting on two decades of ’competitiveness-oriented’ urban policies in Europe, this book investigates the current challenges cities face to sustain their economic position and how this can be balanced with social progress and environmental improvements. Complementing previous surveys on local and urban development and competitiveness-based strategies, this volume provides longer term views on the evolution of such policies at the city level, from the personal perspective of city officials in eight European cities. More concretely, it looks at how the urban dimension in EU policies have evolved over time, the kinds of urban policy supported by the EU over the last two decades and how cities have been involved with this process. The book investigates the portfolios of competitiveness-oriented policies which have been developed by European cities and how they see the link between urban/spatial development policies and sustainable competitiveness. Finally the book fleshes out a number of challenges and initiatives taken by the eight European cities and their governments in the face of current challenges in order to pave the way towards more competitive and sustainable urban economies.
As populations have continued to grow and expand, many people have made their homes in cities around the globe. With this increase in city living, it is becoming vital to create intelligent urban environments that efficiently support this growth and simultaneously provide friendly and progressive environments to both businesses and citizens alike. Smart Cities and Smart Spaces: Concepts, Methodologies, Tools, and Applications is an innovative reference source that discusses social, economic, and environmental issues surrounding the evolution of smart cities. Highlighting a range of topics such as smart destinations, urban planning, and intelligent communities, this multi-volume book is designed for engineers, architects, facility managers, policymakers, academicians, and researchers interested in expanding their knowledge on the emerging trends and topics involving smart cities.
Real estate development shapes the way people live and work, playing a crucial role in determining our built environment. Around the world, real estate development reflects both universal human needs and region-specific requirements, and with the rise of globalization there is an increasing need to better understand the full complexity of global real estate development. This Companion provides comprehensive coverage of the major contemporary themes and issues in the field of real estate development research. Topics covered include: social and spatial impact markets and economics organization and management finance and investment environment and sustainability design land use policy and governance. A team of international experts across the fields of real estate, planning, geography, economics and architecture reflect the increasingly interdisciplinary nature of real estate studies, providing the book with a depth and breadth of original research. Following on from the success of the textbook International Approaches to Real Estate Development, the Routledge Companion to Real Estate Development provides the up-to-date research needed for a full and sophisticated understanding of the subject. It will be an invaluable resource to students, researchers and professionals wishing to study real estate development on an international scale.