Difference between revisions of "Economic"

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== Description ==
  
== Description ==
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[[Urban object|Urban objects]] such as residential buildings, industry, utility facilities, roads, etc. do not merely have a directly related function such as housing, commercial, mobility, safety, but also have an [[causes::Economic functionality of urban objects|economic function]]. A residential area, for example, will not just house people, but will also generate [[Economic impact|economic effects (economic impact]]) such as real estate value, jobs for local retaillers and cleaning services, and expenses for local governments in terms of necessary infrastructure, schools, public services, etc.
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Urban objects such as residential buildings, industry, utility facilities, roads, etc. do not merely have a directly related function such as housing, commercial, mobility, safety, but also have an [[is synonymous to::Economic functionality of urban objects|economic function]]. A residential area, for example, will not just house people, but will also generate [[contains::Economic impact|economic effects (economic impact)]] such as real estate value, jobs for local retaillers and cleaning services, and expenses for local governments in terms of necessary infrastructure, schools, public services, etc.
   
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As a result of the economic function of urban objects, [[threat|threats]] such as crime and terrorism (but also natural hazards), not only have an impact on the direct function of an urban object, but also on the (more indirect) economic function of the specific urban object and its environment. In Securipedia we refer to this phenomenon as the "[[Economic impact of security threats|economic impact of security threats]]". Subsequently, possible [[Measure|(security) measures]] such as surveillance, CCTV, preventive, locks, etc., will not only cost money, but will also generate secondary economic effects (for example the salaries of security guards, waiting lines at airports, etc.), together referred to as the [[Economic impact of security measures|economic impact of security measures]].
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As a result of the economic function of urban objects, threats such as crime and terrorism (but also natural hazards), not only have an impact on the direct function of an urban object, but also on the (more indirect) economic function of the specific urban object and its environment. In Securipedia we refer to this phenomenon as the "[[contains::Economic impact of security threats|economic impact of security threats]]". Subsequently, possible [[Measure|(security) measures]] such as surveillance, CCTV, preventive, locks, etc., will not only cost money, but will also generate secondary economic effects (for example the salaries of security guards, waiting lines at airports, etc.), together referred to as the [[contains::Economic impact of security measures|economic impact of security measures]].
   
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To estimate the above mentioned economic impact of existing or newly developed urban objects/environments, threats and measures, economists use several [[Economic tools|economic tools]] that measure the [[Economic output|economic output]] such as business output, wealth, total employment, etc. (the measurable part of economic effects).
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To estimate the above mentioned economic impact of existing or newly developed urban objects/environments, threats and measures, economists use several [[contains::Economic tools|economic tools]] that measure the [[contains::Economic output|economic output]] such as business output, wealth, total employment, etc. (the measurable part of economic effects).
   
 
== The importance of the economic dimension of urban planning ==
 
== The importance of the economic dimension of urban planning ==

Revision as of 12:14, 12 November 2012

Economic

The economic dimension of urban planning is one of the core dimensions of urban planning and deals with the economic functioning of urban objects and the related impact of urban development and security threats (including security measures). The pages in the economic domain of Securipedia address all the important aspects of this subject.

Description

Urban objects such as residential buildings, industry, utility facilities, roads, etc. do not merely have a directly related function such as housing, commercial, mobility, safety, but also have an economic function. A residential area, for example, will not just house people, but will also generate economic effects (economic impact) such as real estate value, jobs for local retaillers and cleaning services, and expenses for local governments in terms of necessary infrastructure, schools, public services, etc.

As a result of the economic function of urban objects, threats such as crime and terrorism (but also natural hazards), not only have an impact on the direct function of an urban object, but also on the (more indirect) economic function of the specific urban object and its environment. In Securipedia we refer to this phenomenon as the "economic impact of security threats". Subsequently, possible (security) measures such as surveillance, CCTV, preventive, locks, etc., will not only cost money, but will also generate secondary economic effects (for example the salaries of security guards, waiting lines at airports, etc.), together referred to as the economic impact of security measures.

To estimate the above mentioned economic impact of existing or newly developed urban objects/environments, threats and measures, economists use several economic tools that measure the economic output such as business output, wealth, total employment, etc. (the measurable part of economic effects).

The importance of the economic dimension of urban planning

The importance of the economic dimension of urban planning is increasing mainly because of two reasons:

  1. An increasing amount of urban planners believe in the potential contribution of the planning system to maximize the net welfare of society with the help of appropriate policy measures that influence the delivery of a more attractive, competitive and successful urban area[1].
  2. The increasing population in cities places more and more pressure on the development of land and has lead to the consolidation of the urban core. And, although this has led to a strengthening of the economic and social functions of the cities and surrounding areas, urban planners are at the same time forced to recognize the increasing threats caused by both natural and human causes that can have a devastating impact on the economic and social functioning of the urban area[1].

The economic dimension of security aspects in urban planning

The economic aspect of security in an urban planning context is relevant for urban planners in three major ways:

  1. First of all, security threats (crime & terrorism) lead to (negative) direct and indirect economic effects on a local, regional and national level.
  2. On top of that, security measures lead to investment costs and to secondary economic effects (e.g, the longer waiting lines at airports due to the upgraded security measures since 9/11). These effects are called: "economic effects of security measures".
  3. Finally, security measures influence the behaviour of criminals and terrorists due to the process of crime displacement and crime diffusion (the economics of criminal and terrorist behaviour).

Related subjects

Footnotes and references

  1. ↑ 1.0 1.1 Source: DHP. End user requirement report (D1.1) VITRUV.

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