Studying the economy of cities is relevant for a number of reasons. First of all, because most of the planet's population is grouped in them. Secondly, because they concentrate the main social problems that humanity has and, finally, because they are also the greatest source of creativity, innovation and development opportunities to solve those problems. Cities group companies and people who interact with each other both within their scope and with their peers in other cities. The general framework in which the current economy operates is, in general, the city and if the latter does not create the conditions for the economic activity to be sustainable, not only the city, but the country itself will suffer the consequences.
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Political Economy,Economic Growth,Governance,Intergovernmental Fiscal Relations,Fiscal Decentralization