The book explores the interplay between urban infrastructure and globalization, particularly in Western global cities. It highlights how financialization and investment in urban assets have transformed these cities, especially post-pandemic. The phenomenon of slowbalization impacts urban infrastructures, creating a distinct separation between global cities and their national contexts. Additionally, it discusses the technological revolution's influence on urban infrastructures, including the emergence of smart cities, emphasizing their significant role in shaping modern urban environments.
This book addresses the topic of urban models with reference to large western cities and particularly to global cities. In the current transitional phase, the use of language and the systematization of phenomena has become important. The book’s matrix examines two important and strongly connected themes: urban models and public-private partnerships (PPP) determined by urban functions which are transformed in an increasingly rapid and complex manner as a result of globalization. PPPs represent the new border of the modern global state. The book focuses on two principal urban models (renewal and restructuring) through PPPs and subsequently the relationship between state and market in fourteen Italian cities (renewal) and two central European cities, Leipzig and Budapest (restructuring). CoUrbIT (Complex Urban Investment Tools) and the book 'Globalization and Urban Implosion: Creating New Competitive Advantage' by the same author serve as points of reference.
In the past twenty years, globalization has rendered many economic and social urban functions obsolete. Large cities face a form of implosion, which necessitates a rethinking of both contents and containers. This book will mainly concentrate on the latter aspect. Thus, the need to replace old functions with new ones is clear, especially within complex urban areas where the connections between public and private assets are strongest. In this context, new forms of urban models, Public Private Partnerships, tools and "drivers" – various decision makers who have to operate within complex urban areas – have to be considered. Hence, the creation or destruction of values depends on how new functions replace old ones. This also explains new and important forms of competitive advantage, among large globalized cities. This book presents a model of complex urban interventions. Based on a literature review, the model integrates different forms of Public Private Partnerships (PPPs), new tools and instruments associated with governance (issues/challenges), and new profiles of public drivers. By analyzing a number of European urban centers, this book illustrates the implementation of the general model in specific case studies and, furthermore, shows the essential differences between post-socialist and Western cities.
