Reconceptualizing urban governance through a new paradigm for urban infrastructure networks

Journal of Economic Geography

Volumn 9, Issue 6, 2009, Pages 805-822

  Torrance, Morag ^a  

^a UNIVERSITY OF OXFORD   (United Kingdom)

Author keywords

Financialization; Geography of finance; Institutional investors; Supranational glocal governance; Urban infrastructure

Indexed keywords

CONCEPTUAL FRAMEWORK; GOVERNANCE APPROACH; INFRASTRUCTURE; INVESTMENT; OWNERSHIP; URBAN AREA;

EID: 71049183595     PISSN: 14682702     EISSN: 14682710     Source Type: Journal    
DOI: 10.1093/jeg/lbn048     Document Type: Article

References (54)

1. ABP Investments (2007) Infrastructure investments. Available online at: http://www.abp.nl/abp/abp/images/ Presentatie%20IIR%207%20feb%202007_tcm108-51811.pdf [Accessed 2 November 2007].
2. Babcock-Lumish, T. L. (2004) Trust and antitrust in innovation investment communities: Reconsidering moral sentiments. Working Papers in Employment, Work and Finance WP 04-06, Oxford University Centre for the Environment.
3. Babcock-Lumish, T. L. (2008) Financing clusters of innovation: The geography of venture capital investment, US and UK. Working paper for the New Finance for America's Cities conference at Harvard Law School on 11 December 2007.
4. Babcock-Lumish, T. L. and Clark, G. L. (2008) Pricing the economic landscape: Financial markets and the communities and institutions of risk management. In: J. L. Jr Wescoat and D. M. Johnston (eds) Political Economies of Landscap Change. Chicago: Chicago University Press.
5. Bauer, R., Hoevenaars, R., Steenkamp, T. (2007) Asset liability management. In G. L. Clark, A. H. Munnel, J. M. Orszag (eds) The Oxford Handbook on Pensions. Oxford: Oxford University Press, pp. 417-440.
6. Bradbury, H. and Lichtenstein, B. (2000) Relationality in organizational research: Exploring 'the space between.' Organization Science, 11: 551-564.
7. Brenner, N. (2004) New State Spaces: Urban Governance and the Rescaling of Statehood. Oxford: Oxford University Press.
8. Clark, G. L. (1999) The retreat of the state. In R. L. Martin (ed.) Money and the Space Economy. Chichester: John Wiley.
9. Clark, G. L. (2000) Pension Fund Capitalism. Oxford: Oxford University Press.
10. Clark, G. L. (2005) Setting the agenda: The geography of global finance. Working Papers in Employment, Work and Finance WP 05-03, Oxford University Centre for the Environment.
11. Clark, G. L. and Evans, J. (1998) The private provision of urban infrastructure: Financial intermediation through long-term contracts. Urban Studies, 35: 301-319.
12. Clark, G. L. and Freeman, R. (2008) The new economic geography, trade, finance and wht welfare of communities: Towards a synthesis. Working paper for the New Finance for America's Cities conference at Harvard Law School on 11 December 2007.
13. Clark, G. L. and O'Connor, K. (1998) The informational content of financial products and the spatial structure of the global finance industry. In K. Cox (ed.) Spaces of Globalisation. New York: Guildford, pp. 89-114.
14. Clark, R. C. (1975) The federal taxation of financial intermediaries. Yale Law Journal, 84: 1603-1682.
15. Corpataux, J. and Crevoisier, O. (2005) Increased capital mobility/ liquidity and its repercussions at regional level. European Urban and Regional Studies, 12: 315-334.
16. Cox, K. (ed) (1996) The Global and the Local: Making the Connection New York/London: Guilford.
17. Cox, K. (ed) (1997) Spaces of Globalization: Reasserting the Power of the Local. New York: Guilford.
18. Christopherson, S. (1992) Market rules and territorial outcomes: The case of the United States. International Journal of Urban and Regional Research, 17: 274-288.
19. Cutler, A. C. (2002) Private international regimes and interfirm cooperation. In R. Hall and T. Biersteker (eds) The Emergence of Private Authority in Global Governance. Cambridge Studies in International Relations. Cambridge: Cambridge University Press, pp. 23-42.
20. Erturk, I., Froud, J., Johal, S., Leaver, A., Williams, K. (2008) Financialization at Work: Key Texts and Commentary. London: Routledge.
21. Fainstein, S. (2001) The City Builders: Property Development in New York and London, 1980-2000. Kansas: University Press of Kansas.
22. Graham, S. and Marvin, S. (2001) Splintering Urbanism: Networked Infrastructures, Technological Mobilities and the Urban Condition. London: Routledge.
23. Hackworth, J. (2007) The Neoliberal City: Governance, Ideology, and Development in American Urbanism. Ithaca: Cornell University Press.
24. Hall, R. and Biersteker, T. (2002) The Emergence of Private Authority in Global Governance. Cambridge: Cambridge University Press.
25. Hebb, T. and Wojcik, D. (2004) Global standards and emerging markets: CalPERS' investment strategy. Environment and Planning A, 36: 1955-1974.
26. Inderst, G. (2005) Infrastructure's long-term payback. Investment and Pensions Europe. Alternatives Supplement, 3 July, p. 18.
27. Leyshon, A. (1995) Geographies of money and finance. Progress in Human Geography, 19: 531-543.
28. Leyshon, A. (1998) Geographies of money and finance-III. Progress in Human Geography, 22: 433-446.
29. Löwik, L., Hobbs, P., Cam, K. (2005) Understanding Infrastructure. A Burgeoning Global Asset Class. London: RREEF (Deutsche Bank), pp. 1-22.
30. Macauley, S. (1963) Non-contractual relations in business: A preliminary study. American Sociological Review, 28: 55-69.
31. Martin, R. (2002) Financialization of Daily Life. Philadelphia: Temple University Press.
32. Martin, R. L. (2000) The geography of de-mutualization and the re-mapping of financial landscapes. Transactions of the Institute of British Geographers, 25: 221-241.
33. Martin, R. L. and Minns, R. (1995) Undermining the financial basis of regions: The spatial structure and implications of the UK pensions fund industry. Regional Studies, 29: 125-144.
34. MIG (2006) Macquarie Infrastructure Group. Available online at http://www.macquarie.com.au/mig. [Accessed 1 June 2006].
35. New Zealand Superannuation Fund (NZSF) (2005) Strategic Asset Allocation Review - March 2005. Research Report. Available online at: http://www.nzsuperfund.co.nz/files/Strategic%20Asset%20Allocation %20Review%20March%202005.pdf [Accessed 30 October 2007].
36. OECD (2006) Infrastructure to 2030. Telecom, Land Transport, Water and Electricity. Paris: OECD Publishing.
37. OECD (2008) Infrastructure to 2030, vol. 2. Mapping policy for Electricity, Water and Transport. Paris: OECD.
38. Ofwat (2007) The completed acquisition of Thames Water Holdings Plc by Kemble Water Limited. Availabe online at: http://www.ofwat.gov.uk/aptrix/ ofwat/publish.nsf/AttachmentsByTitle/tms_conspaper050207.pdf/ $FILE/tms_conspaper050207.pdf. [Accessed 2 November 2007].
39. Olds, K. (2001) Globalization and Urban Change: Capital, Culture, and Pacific Rim Mega-projects. Oxford: Oxford University Press.
40. Orléan, A. (1999) Le pouvoir de la finance. Paris: Odile Jacob.
41. Pryke, M. (1991) An international city going global: Spatial change in the City of London. Environment and Planning D: Society and Space, 9: 197-222.
42. Pryke, M. (1994) Urbanizing capitals: Towards an integration of time, space and economic calculation. In S. Corbridge, R. Martin, N. Thrift (eds) Money, power and space. Oxford: Blackwell, pp. 218-252.
43. Salisbury, P. (2005) Infrastructure: A developing asset class. Paper presented at the CFA Institute Annual Conference 2005, New York City.
44. Sassen, S. (2002) The state and globalization. In R. Hall and T. Biersteker (eds), The Emergence of Private Authority in Global Governance. Cambridge: Cambridge University Press.
45. Stegman, M. (2008) Pension funds and urban revitalization: A tactic in search of a policy. Working paper for the New Finance for America's Cities conference at Harvard Law School on 11 December 2007.
46. Swyngedouw, E. (1992) Territorial organization and the space/technology nexus. Transactions of the Institute of British Geographers, 17: 417-433.
47. Swyngedouw, E. (1997) Neither global nor local: 'Glocalization' and the politics of scale. In K. Cox (Ed.) Spaces of Globalization. New York: Guilford.
48. Sztompka, P. (1999) Trust: A Sociology Theory. Cambridge: Cambridge University Press.
49. Theurillat, T., Corpataux, J., Crevoisier, O. (2006) Property sector financialisation: The case of Swiss pension funds (1994-2005). School of Geography and the Environment Economic Geography Working Paper Series WPG 06-15, Oxford.
50. Tickell, A. (2000) Finance and localities. In G. L. Clark, M. P. Feldman, M. S. Gertler (eds) The Oxford Handbook of Economic Geography. Oxford: Oxford University Press, pp. 230-247.
51. Tickell, A. (2001) Progress in the geography of services II: Services, the state and the rearticulation of capitalism. Progress in Human Geography, 25: 283-292.
52. Torrance, M. I. (2007) The power of governance in financial relationships: Governing tensions in exotic infrastructure territory. Growth and Change: A Journal of Urban and Regional Policy, 38(4): 671- 695.
53. Torrance, M. I. (2008) Forging glocal governance? Urban infrastructure as networked financial products. International Journal of Urban and Regional Research, 32(1): 1-21.
54. Weiss, L. (1998) The Myth of the Powerless State: Governing the Economy in a Global Era. Cambridge: Polity Press.