Posts tagged as: municipal governments
Recent technology has proved effective in expanding the city’s tax base but requires up to date data and is no substitute for supportive policy and legislation. Property taxes are a hugely important potential source of revenue for cities. Faced with limited municipal revenues and rapidly growing populations, taxes on the value of land and property can offer a...
Over the next 16 years, all of the world’s 10 fastest growing cities are going to be in Africa. If this growth is a process of people voting with their feet, as last year’s winner of the Nobel Prize in Economics Paul Romer once put it, these cities are winning. Yet urbanisation in many developing countries, particularly in sub-Saharan Africa, is not delivering the...