Economics of Planning Policies in China

Fast urbanizing countries like China have experienced rapid albeit geographically uneven local and regional economic growth during the past few decades. Notwithstanding this development pattern, China has been investing heavily in targeted coastal and inland regions through planning policies for infrastructure, location and cities. This is a largely place-based investment process that is of great importance for the public, business and policymakers. Chinas urban and regional transformations provide incentives for spatial agglomeration and will shift the growth of activities within and across cities for decades to come. This spatial differentiation is likely to be driven by government decisions at all levels about where, when and in what to invest, in an institutional context where policy instruments act to constrain or facilitate Chinas urban and regional development. Economics of Planning Policies in China looks at the role that the institutional characteristics of the Chinese planning system and market mechanisms play in transforming and shaping the infrastructure, location and cities with the potential for spatial disparity and inclusive growth. The planning and geographical perspective and evidence make this book a reference for international scholars, policymakers and graduates