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Participation of beneficiaries in financing urban services : valorization charges in Bogota, Colombia (Inglés)

The operation of valorization programs in Bogota, Colombia is evaluated as a means of facilitating urban services provision in growing cities of developed countries. The major conceptual issues involving the allocation and collection of valorization charges, the fiscal and financial consequences of valorization programs, and their impacts on land use and income distribution are examined. It is concluded that, while not an unqualified success, valorization...
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