Urban Fiscal Policy
Edge cities are urban developments that emerge at the periphery of traditional city centers, characterized by a concentration of business, retail, and entertainment facilities. These areas often develop as a response to suburban growth and changing economic patterns, representing a shift from the classic monocentric city model where the central business district (CBD) is the primary hub of activity. Edge cities typically feature a mix of office spaces, shopping complexes, and residential areas, creating a self-sufficient urban environment away from the core city.
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