The necessities of financial institutions in urban development

IUESA: The editor-chief of the scientific-research Quarterly Journal of Urban Economics and Management wrote a note in Donayaye Eqtesad Newspaper. The summary is as follows: There is an interesting analogy in economics; money like blood in vessels plays role in economic arenas of city and it leaves important effects. Monetary policies, whether in microeconomics or macroeconomics, affect liquidity and inflation in the whole economy. Generally, several duties have been defined for money market as follows:

• Directing credits toward productive activities intended for urban economy via banking network
• Financing city management organizations and institutions

Availability of banking services and balanced distribution of banking branches for economic dynamicity.