Property Tax In Brics Megacities: Local Government Financing And Financial Sustainability (contributions To Economics)

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. Read more... Abstract: 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 Front Matter ....Pages i-xiii Introduction (Marco Salm)....Pages 1-12 Theoretical Insight on the Property Tax (Marco Salm)....Pages 13-40 Property Taxes Within the BRICS States (Marco Salm)....Pages 41-185 Summary and Way Forward (Marco Salm)....Pages 187-207 Back Matter ....Pages 209-220