public value capture, planning, public finance, urban development

Urban development engenders redistribution of costs and benefits to different actors. Public sector can capture certain amount of benefits or recover part of costs induced by private urban development in order to ensure functioning of public services and infrastructures. For this, the so called public value capture tools have been developed. This chapter reviews tools that are available to public sector in Czechia and it concludes that the impact of these tools is currently moderate, but might increase in near future.