{"id":1346,"date":"2013-12-18T12:05:19","date_gmt":"2013-12-18T17:05:19","guid":{"rendered":"http:\/\/carleton.ca\/3ci\/?p=1346"},"modified":"2013-12-18T12:12:04","modified_gmt":"2013-12-18T17:12:04","slug":"new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies","status":"publish","type":"post","link":"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/","title":{"rendered":"&#8220;New finance for America&#8217;s cities&#8221; by Tessa Hebb published in Regional Studies"},"content":{"rendered":"<p>A new article by 3ci Director Tessa Hebb and R. Sharma, &#8220;New finance for America&#8217;s cities&#8221;, was recently published in\u00a0<i>Regional Studies<\/i>.<\/p>\n<p><strong>Abstract<\/strong>: In the past, investment in cities&#8217; built environment was primarily carried out by government, with public good as the primary motivation. But governments are increasingly struggling to find the available capital required for public financing of cities&#8217; investment needs. This paper suggests that there are new sources of finance available for investment in America&#8217;s cities. Retirement savings are being used to invest in these cities&#8217; future growth. While such investment generates positive ancillary benefits for the cities, it is not the primary purpose of this capital. The motivation for large institutional investors including pension funds and sovereign-wealth funds is the risk-adjusted rate of return. This private profit-driven motivation leads to different investment decision-making than was found in the past when public good was the primary driver.<\/p>\n<p>The full article can be accessed <a href=\"http:\/\/www.tandfonline.com\/doi\/full\/10.1080\/00343404.2013.843163\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new article by 3ci Director Tessa Hebb and R. Sharma, &#8220;New finance for America&#8217;s cities&#8221;, was recently published in\u00a0Regional Studies. Abstract: In the past, investment in cities&#8217; built environment was primarily carried out by government, with public good as the primary motivation. But governments are increasingly struggling to find the available capital required for [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;New finance for America&#039;s cities&quot; by Tessa Hebb published in Regional Studies - Carleton Centre for Community Innovation<\/title>\n<meta name=\"description\" content=\"A new article by 3ci Director Tessa Hebb and R. Sharma, &quot;New finance for America&#039;s cities&quot;, was recently published in\u00a0Regional Studies. Abstract: In the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"willowpetersen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/\",\"url\":\"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/\",\"name\":\"\\\"New finance for America's cities\\\" by Tessa Hebb published in Regional Studies - Carleton Centre for Community Innovation\",\"isPartOf\":{\"@id\":\"https:\/\/carleton.ca\/3ci\/#website\"},\"datePublished\":\"2013-12-18T17:05:19+00:00\",\"dateModified\":\"2013-12-18T17:12:04+00:00\",\"author\":{\"@id\":\"https:\/\/carleton.ca\/3ci\/#\/schema\/person\/698f2e4a43c09321af1da99e72b50036\"},\"description\":\"A new article by 3ci Director Tessa Hebb and R. Sharma, \\\"New finance for America's cities\\\", was recently published in\u00a0Regional Studies. Abstract: In the\",\"breadcrumb\":{\"@id\":\"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/carleton.ca\/3ci\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News\",\"item\":\"https:\/\/carleton.ca\/3ci\/category\/news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"&#8220;New finance for America&#8217;s cities&#8221; by Tessa Hebb published in Regional Studies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/carleton.ca\/3ci\/#website\",\"url\":\"https:\/\/carleton.ca\/3ci\/\",\"name\":\"Carleton Centre for Community Innovation\",\"description\":\"Carleton University\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/carleton.ca\/3ci\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/carleton.ca\/3ci\/#\/schema\/person\/698f2e4a43c09321af1da99e72b50036\",\"name\":\"willowpetersen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/carleton.ca\/3ci\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e307e26f5cf71f27be54ea607fc1387f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e307e26f5cf71f27be54ea607fc1387f?s=96&d=mm&r=g\",\"caption\":\"willowpetersen\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\"New finance for America's cities\" by Tessa Hebb published in Regional Studies - Carleton Centre for Community Innovation","description":"A new article by 3ci Director Tessa Hebb and R. Sharma, \"New finance for America's cities\", was recently published in\u00a0Regional Studies. Abstract: In the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/","twitter_misc":{"Written by":"willowpetersen","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/","url":"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/","name":"\"New finance for America's cities\" by Tessa Hebb published in Regional Studies - Carleton Centre for Community Innovation","isPartOf":{"@id":"https:\/\/carleton.ca\/3ci\/#website"},"datePublished":"2013-12-18T17:05:19+00:00","dateModified":"2013-12-18T17:12:04+00:00","author":{"@id":"https:\/\/carleton.ca\/3ci\/#\/schema\/person\/698f2e4a43c09321af1da99e72b50036"},"description":"A new article by 3ci Director Tessa Hebb and R. Sharma, \"New finance for America's cities\", was recently published in\u00a0Regional Studies. Abstract: In the","breadcrumb":{"@id":"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/carleton.ca\/3ci\/2013\/new-finance-for-americas-cities-by-tessa-hebb-published-in-regional-studies\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/carleton.ca\/3ci\/"},{"@type":"ListItem","position":2,"name":"News","item":"https:\/\/carleton.ca\/3ci\/category\/news\/"},{"@type":"ListItem","position":3,"name":"&#8220;New finance for America&#8217;s cities&#8221; by Tessa Hebb published in Regional Studies"}]},{"@type":"WebSite","@id":"https:\/\/carleton.ca\/3ci\/#website","url":"https:\/\/carleton.ca\/3ci\/","name":"Carleton Centre for Community Innovation","description":"Carleton University","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/carleton.ca\/3ci\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/carleton.ca\/3ci\/#\/schema\/person\/698f2e4a43c09321af1da99e72b50036","name":"willowpetersen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/carleton.ca\/3ci\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e307e26f5cf71f27be54ea607fc1387f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e307e26f5cf71f27be54ea607fc1387f?s=96&d=mm&r=g","caption":"willowpetersen"}}]}},"acf":{"Post Thumbnail Icon":null,"Post Thumbnail":"1351"},"_links":{"self":[{"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/posts\/1346"}],"collection":[{"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/comments?post=1346"}],"version-history":[{"count":3,"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/posts\/1346\/revisions"}],"predecessor-version":[{"id":1349,"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/posts\/1346\/revisions\/1349"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/media?parent=1346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/categories?post=1346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carleton.ca\/3ci\/wp-json\/wp\/v2\/tags?post=1346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}