Economics, Econometrics and Finance
7 years ago

Norwegian cities struggle with underdeveloped prime areas despite high demand

Planning or Market Deficits for Sustainable Development in Norway
Berit Nordahl, Eva Irene Falleth

Paper Summary

Cities in Norway are struggling to develop designated areas despite high demand. The paper explores why this happens, focusing on urban planning and market theories. In Norway, private developers play a big role in shaping urban spaces, as local governments lack funds to buy land. This reliance on private developers affects the pace and nature of urban development in Norway.

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