Urban System Studies Working with Markets Harnessing Market Forces and Private Sector for Development

The term “working with markets” captures the fine balance of successful public-private collaboration. The first aspect involves engagement and partnerships with private enterprises through sound regulation and well-structured public-private partnerships. The second involves harnessing market forces, such as competitive pricing and bidding, to set prices for and allocate scarce resources. This study examines four aspects of working with markets in the context of land and infrastructure development in Singapore.