IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-96-7198-4_1.html
   My bibliography  Save this book chapter

Financial Cooperation, Diversified Development and City Cluster Construction

In: Financial Innovation and Paths of Cooperation of City Clusters

Author

Listed:
  • Shusong Ba

    (China Banking Association)

  • Zhifeng Wang

    (ESG and Sustainable Finance Committee of China Economic System Reform Research Association)

Abstract

In 2018, 55% of the world’s population lived in cities, while this figure was only 30% in 1950. According to the forecast of the United Nations, the global urbanization rate will rise to 68% in 2050. As spatial concentration of factors and economic activities become a phenomenon, cities and city clusters have generally developed into growth poles and innovation centers of industrialized countries. From the perspective of economic theory, the driving factors for the formation of city clusters can be summarized as: a. economies of scale and cost considerations; b. specialized division of labor and synergy effects; c. knowledge flow and spillover effects. In particular, the spatial clustering of knowledge makes city clusters a source of innovation and creativity within an economy.

Suggested Citation

  • Shusong Ba & Zhifeng Wang, 2025. "Financial Cooperation, Diversified Development and City Cluster Construction," Springer Books, in: Financial Innovation and Paths of Cooperation of City Clusters, chapter 0, pages 3-15, Springer.
    • Handle: RePEc:spr:sprchp:978-981-96-7198-4_1
    DOI: 10.1007/978-981-96-7198-4_1
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-96-7198-4_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.