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This chapter discusses the Brazilian redevelopment policy denominated urban operation. First implemented in São Paulo in the 1980s, it was included in the Brazilian federal urban legislation in 2001 as an instrument to promote the redevelopment of great urban areas through public–private partnerships. On the one hand, the local public administration would provide incentives to investments in a given project, especially by selling construction rights; on the other hand, the value captured would be reinvested in the same area, following a list of works that may include urban infrastructure and services. The main benefits expected are structural change without onus for the public administration; a more balanced urban growth, estimulating higher density in areas well served by urban infrastructure; and real estate valorization. Nevertheless, this chapter critically analyzes its early experiences in São Paulo, demonstrating an entrepreneurial and speculative logic of spatial production. In this sense, the chapter is structured in four parts. The first one presents the legal instrument, while the following two sections explore the two main aspects of its functioning: great urban projects and public–private partnerships. In the final section, the Urban Operation Faria Lima will be assessed, especially on its attempts to promote São Paulo as a global city. If it is not possible to generalize from this particular experience, it exposes the necessity of discussing how the instrument, now a federal policy, may be implemented in other Brazilian cities, which type of redevelopment it may promote and for whom.

Living on the Boundaries: Urban Marginality in National and International Contexts examines the complex, often controversial issues impacting those who live on the margins of society in our densely populated cities. The topic warrants research compiled by an international array of scholars and intellectuals from a wide range of disciplines, including but not limited to sociology, economics, political science, psychology, education, public health, law, criminology, history, urban studies, geography and demography, and urban planning, among others. This volume, from the first chapter to the last, richly details and informs us about the human condition, from multidisciplinary perspectives, about urban life in global contexts. Why is the study of urban life and urban marginality so consequential? The answer is simple. Because of the unprecedented pace of urbanization, a majority of humans now live in highly dense areas, in our cities. It is our cities which project the visual imagery of the stark class divisions in society. By 2050, it is projected that two thirds of the world's population will live in cities. Any volume which attempts to present dynamic issues in global contexts moves us toward resolving many of the conflicting and confounding issues which plague humankind, in the present, and will be with us in the future, if workable solutions are not found. As one reads the ensuing pages, you cannot help but come away better informed, noting the symmetry of complex societal issues of urban marginality across national boundaries.