Institutional weaknesses limit the capacity of local governments to support efficient urbanization in developing countries. They also lead to the emergence of large developers with the clout to build entire cities. This paper analyzes the urbanization process when local governments are weak and large developers are powerful. Results from a non-cooperative game setting with minimal assumptions show that multiple equilibria can emerge depending on key...
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详细
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2021/05/18
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工作文件
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167940
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1
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2022/01/14
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Disclosed
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Private Cities : Implications for Urban Policy in Developing Countries