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Shanghai

In: Making Megacities in Asia

Author

Listed:
  • Du Huynh

    (Fulbright University Vietnam)

Abstract

Shanghai is also a successful case since China’s national leadership decided to prioritize it for the national development from the early 1990s. It has all five factors of success. First, the national development strategy was clear; thus, Shanghai has been prioritized for the national economic development and openness. Second, Shanghai has been allowed to keep very high shares of the budget revenue and expenditure. In recent years, in comparison to the GDP, it is over 20%, twice as Seoul’s, three to four times higher than those of the other cities. Third, it has consistently pursued long-term strategies. Fourth, there have been many public entrepreneurs with powerful supporting coalitions. Fifth, a highly centralized government structure is positive for Shanghai’s development. However, the role of urban planning is limited.

Suggested Citation

  • Du Huynh, 2020. "Shanghai," SpringerBriefs in Regional Science, in: Making Megacities in Asia, chapter 0, pages 71-86, Springer.
  • Handle: RePEc:spr:sbrchp:978-981-15-0660-4_5
    DOI: 10.1007/978-981-15-0660-4_5
    as

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