The Relationship Between Urban Green Spaces and Economic Vitality

Abstract

Urban green spaces, although pivotal in urban areas, have not been researched in great detail, especially in the context of their impacts on the economy. The purpose of this essay is therefore to scrutinize the interrelationship between economic vitality and urban green spaces. A review of the literature introduced in the first chapter sheds some light on the fact that this research topic was not thoroughly studied. Thus, the main objectives and issues presented in this essay concern, firstly, the interactions between urban green spaces and urban economic vitality. Secondly, the distinction between urban economic vitality and economic vitality is important, as this essay discards the studied urban area background. The following question arises and requires further clarification: do urban green spaces have a direct utilitarian value that contributes to the attractiveness and development of urban areas? It is also necessary to determine whether policymakers and managers perceive the value of urban green spaces in economic terms, i.e., do they use them as a growth factor in their urban areas? From a methodological point of view, the first chapter presents the difficulties of measuring, analyzing, and exploring the questions posed.

Thus, this essay is divided into four main parts. After the preliminary chapter, the second part explores the problems and research questions raised. It also recalls the importance of areas in the world, especially urban green spaces, which are potential drivers of growth. The third chapter presents a brief overview of the utilitarian value of green spaces. Finally, the conclusions sum up the principal benefits and topics previously studied, point out the implications for policymakers, and propose some future avenues for research.

Keywords fair trade, economic development, marginalized producers, ethical consumerism, social justice, price dynamics, market access, Global South