Municipal Development: Finding Political Incentives for Economic Investors

The intern is confronted with a classical question in political economy: what kind of political institutions can facilitate economic development? The City of Vancouver represents a fascinating case study in which three important players are locked up in a strategic relationship that can either spur or damage the prospects of further economic development of the city. Player A, City Government, seeks to extract more revenues in taxation in order to accommodate the demands to provide welfare and services.