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Journal of Economic Geography Advance Access originally published online on March 3, 2009
Journal of Economic Geography 2009 9(6):805-822; doi:10.1093/jeg/lbn048
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Right arrow O16 - Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
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© The Author (2009). Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org

Reconceptualizing urban governance through a new paradigm for urban infrastructure networks

Morag Torrance*

*School of Geography, Oxford University Centre for the Environment, South Parks Road, Oxford OX1 3QY, UK. <morag.torrance{at}ouce.ox.ac.uk>

JEL classifications: N20, N70, O16, O18

This article focuses on the rapidly changing ownership and governance of urban infrastructure networks. While institutional investors are expending capital and time purchasing infrastructure assets in cities around the world, the changes in the management of urban infrastructure networks are under researched. Both the reasons for the transformations of and the impacts on urban infrastructure assets, such as roads, airports and water utilities around the world, are discussed and reconceptualized through emerging supranational glocal governance and financialization frameworks.

Keywords: urban infrastructure, geography of finance, institutional investors, financialization, supranational glocal governance
Date submitted: 27 March 2008     Date accepted: 5 November 2008


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