The Public Wealth of Cities: How to Unlock Hidden Assets to Boost Growth and Prosperity

Managing the city’s assets smartly through the authors’ proposed Urban Wealth Fundsat arm’s-length from short-term political influencewill enable cities to ramp up much needed infrastructure investments.. Most cities could more than double their investments with smarter use of these commercial assets. Poorly performing schools and inadequate social services. Even poor cities own large swathes of poorly utilized land, or they control underperforming utilities and other commercial assets. This book by two internationally recognized experts in public finance describes a new way of restoring economic vitality and financial stability to cities, using steps that already have been proven remarkably successful. How to leverage existing resources to meet the