Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)

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The Impact of Urban Policy on Economic Inequality and Economic Growth

Authors
Jingyi Lyu1, *
1Tianjin Yinghua Experimental School, Wuqing, Tianjin, 301700, China
*Corresponding author. Email: u7598511@anu.edu.au
Corresponding Author
Jingyi Lyu
Available Online 24 February 2025.
DOI
10.2991/978-94-6463-652-9_2How to use a DOI?
Keywords
Urbanization; Zoning Policy; Economic Inequality; Economic Growth; Social Equity; Urban Development
Abstract

Urbanization has increasingly shaped the global socio-economic landscapes, bringing opportunities and challenges through higher living standards and heightened economic inequality. The paper explores the intricate relationship between urban policies, particularly zoning policy, economic inequality, and economic growth. The paper examines the influence of inclusionary and exclusionary policies through a comparative analysis of the case studies in New York City and Portland. At the beginning of the 20th century, the exclusionary zoning policies fostered economic development and deepened social divides. Conversely, the inclusionary zoning policies in Portland have successfully reduced income inequality but at the cost of limiting economic growth. The cases demonstrate the tradeoffs between social equity and economic development. The findings underscore the need for balanced urban policies promoting equity and economic expansion through inclusive economic zones and multi-department collaboration. The research advocates creating urban policies that can lower social inequality while promoting sustainable economic growth, providing a society that benefits the residents.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
24 February 2025
ISBN
978-94-6463-652-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-652-9_2How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jingyi Lyu
PY  - 2025
DA  - 2025/02/24
TI  - The Impact of Urban Policy on Economic Inequality and Economic Growth
BT  - Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
PB  - Atlantis Press
SP  - 7
EP  - 16
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-652-9_2
DO  - 10.2991/978-94-6463-652-9_2
ID  - Lyu2025
ER  -