Urban land offers governments in developing countries a vital opportunity for self-financing development. While authorities often see these taxes as administratively burdensome and politically impossible, this doesn’t have to be the case.
“Productivity increases with the size of a city” – An Interview with Rüdiger Ahrend, Head of Urban Policy Programme at OECD
A lot of processes in cities depend on the financial resources of the municipal and national government. But how can these resources be generated? How can cities make money, how can they save money? And what role does urbanisation play? We talked to Rüdiger Ahrend, Head of the Urban Policy Program at the OECD, about how cities can approach these challenges.
By doubling their revenues through property taxation, nine Eastern Serbian municipalities are now able to finance projects vital to their communities.