Policy Evolution and Local Practices in Safeguarding Public Interests from the Perspective of Public Goods Provision:The Case of Shenzhen Urban Renewal
High-quality urban renewal initiatives are indispensable for achieving sus-tainable urban development and ensuring social equity.However,the conventional ap-proach of relying solely on government agencies to provide urban public goods is proving increasingly unsustainable.Shenzhen,a resource-scarce and densely populated city,has pioneered the model of"government support and market participation in pro-vision"in the early practices of regenerating existing urban areas.Drawing on public goods theories,this paper introduces an analytical framework that encompasses poli-cies,players,and efficiency in public goods provision.Based on a review of policies aimed at safeguarding public interests in urban development and renewal in Shen-zhen from 2004 to 2023,and evaluating their efficacy using spatial and temporal data of approved renewal unit projects from 2011 to 2022,the research reveals sev-eral key findings.Firstly,institutional design configurations have shifted towards mul-tidisciplinary and multidimensional integration.Secondly,the incentive mechanism structure shapes the provision of public goods.Thirdly,stakeholder consultation plat-forms help optimize decision-making processes.Reflecting on the mismatch between the supply and demand of public goods,the paper offers new ideas for urban re-newal and operation in the new era.
public interestpublic goodsurban renewalpolicy evolutionland devo-lution