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Financial sector development and smart cities: The Indian case

Publication Date
2018-10
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Keywords
Financial development, Smart cities, India, Financial sector
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© 2018 Elsevier Ltd. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.
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Yes
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Accepted for publication
2018-06-10
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Social Sciences Publications
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Abstract
The paper examines the level of financial development of initial twenty shortlisted smart cities in India. • Results of the study revealed high inter-state and intra-state inequality as the cities with high FSI values and those with low FSI values are both located in the developed western and southern states. • A similar mixed picture emerges even for the less developed low income states such as Madhya Pradesh. • The study also highlighted large inter-state variations across the smart cities in financial development. • For a holistic approach to smart city development, a vibrant and developed financial sector is required.
URI
http://hdl.handle.net/10454/16403
Version
Accepted Manuscript
Citation
Arora RU (2018) Financial sector development and smart cities: The Indian case. Sustainable Cities and Society. 42: 52-58.
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Link to Version of Record
https://doi.org/10.1016/j.scs.2018.06.013
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Article
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