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Theses

Financing metropolitan infrastructure delivery : the politics of governance in London and New York City

Abstract : Scholars suggest that transnationalization processes fragment policy authority and undermine the governability of national and metropolitan societies. This dissertation analyzes the implementation of four infrastructure projects in London and New York City’s transit and environment sectors to probe collective action capacities in metropolitan territories. It demonstrates that globalization opens structural opportunities for metropolitan governments to reassert policy authority within their territories and infuses governance at sub-sovereign scale with politics. It argues that infrastructure provision is a terrain for power struggles between sovereign and sub-sovereign governments and large firms, in which the trophy is the accumulation of fiscal and financing capacity and legitimate authority over policy spheres. The case studies highlight that skilled metropolitan policy actors use the legitimacy of their offices to formulate policies and forge stakeholder environments in which public and infrastructure finance experts produce the necessary fiscal and financing capacity for infrastructure projects. It concludes that providing public infrastructures today requires state and local actors to create investment settings that forge meaningful relationships with large firms and investors between responsibilities, risks, and rewards.
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https://hal-sciencespo.archives-ouvertes.fr/tel-03659189
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Submitted on : Wednesday, May 4, 2022 - 4:24:57 PM
Last modification on : Thursday, May 5, 2022 - 3:36:21 AM

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  • HAL Id : tel-03659189, version 1

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Francesco Findeisen. Financing metropolitan infrastructure delivery : the politics of governance in London and New York City. Sociology. Institut d'études politiques de Paris - Sciences Po, 2019. English. ⟨NNT : 2019IEPP0032⟩. ⟨tel-03659189⟩

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