Property Tax in BRICS Megacities - Local Government Financing and Financial Sustainability

The overall objective of the book is to holistically assess the property tax systems in BRICS megacities. As megacities play a vital role within their respective countries - economically, administratively, and from a human development perspective - they experience the costs and benefits of urbanization simultaneously with major investment needs, rising poverty, and increasing congestion and pollution levels in the context of limited financial resources, raising the question for a suitable decentralized funding source. This book highlights the property tax as a means to help further improve the financial sustainability of megacities, the reliability and quality of their services, and megacities' contribution to supporting economic growth.

List of contents

Introduction.- Theoretical Insight on the Property Tax.- Property Taxes within the BRICS State.- Summary and Way Forward.

About the author

Marco Salm pursued his doctorate in public finance at German University of Administrative Sciences, Speyer, Germany. He holds a master’s degree in economics from the University of Heidelberg in Germany.

Summary

The overall objective of the book is to holistically assess the property tax systems in BRICS megacities. As megacities play a vital role within their respective countries – economically, administratively, and from a human development perspective – they experience the costs and benefits of urbanization simultaneously with major investment needs, rising poverty, and increasing congestion and pollution levels in the context of limited financial resources, raising the question for a suitable decentralized funding source. This book highlights the property tax as a means to help further improve the financial sustainability of megacities, the reliability and quality of their services, and megacities’ contribution to supporting economic growth.

Product details

• Authors: Marco Salm
• Publisher: Springer, Berlin
• Languages: English
• Product format: Hardback
• Released: 01.01.2017
• EAN: 9783319626703
• ISBN: 978-3-31-962670-3
• No. of pages: 220
• Dimensions: 160 mm x 241 mm x 17 mm
• Weight: 467 g
• Illustrations: XIII, 220 p. 10 illus. in color.
• Series: Contributions to Economics; Contributions to Economics
• Subjects: Social sciences, law, business > Business > Economics; B, Entwicklungsökonomie und Schwellenländer, Öffentlicher Dienst und öffentlicher Sektor, Public Economics, Economics and Finance, Regional and Spatial Economics, urban economics, Public finance, Public finance & taxation, Development Economics, Development economics & emerging economies, Finance, Public