Abstract
It can be argued that sustainable urban land development depends on the long-term viability and management success of local economic development. It can be further argued that here, economic sustainability is the key. This would furthermore signify a paradigm change to long-term administrative behavior (via an institutional approach), long-term market behavior (heterodox economics approach), and human behavior in actors’ consumption and location choices (behavioral approach). This article examines two criteria within this discourse: innovativeness and social cohesion. In doing so, it proposes a framework for empirical analysis where it is suggested that western, post-socialist and low developed cases choose different strategies due to their different starting points.
Original language | English |
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Pages (from-to) | 110-119 |
Number of pages | 10 |
Journal | Real Estate Management and Valuation |
Volume | 23 |
Issue number | 3 |
DOIs | |
Publication status | Published - Sept 2015 |
Keywords
- economic sustainability
- urban sustainability
- sustainable development
- land development