The economics of urban planning: why land and labour markets matter

Oliveira Cunha, J. (26 February 2024) The economics of urban planning: why land and labour markets matter. International Growth Centre Blog.
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Masterplanning has resurfaced as an important planning tool in urban Africa in the last two decades. Given the rapid pace of urbanisation in lower-income countries more widely, planning ahead for the expansion of cities is crucial to ensure that residents are well-served with adequate public infrastructure and services. However, plans often do not account for the dynamics of land and labour markets, which have a fundamental impact on ever-changing urban form.

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