TA 2018 vol 4 - page 48

REVIEW
of
FINANCE -
November, 2018
45
relatively independent, particularly in terms of
economy and administration. Each state also has
a relatively independent economic structure, with
few economic and technical constraints. The real
relationship of these states is among population
and transportation. A fairly large proportion of
the population in the New York Region lives in
North Jersey and Long Island. Furthermore, the
most prominent unification among the states
in the region lies in the transportation system,
especially railways.
The regional rail system is made up of three
major systems: the Long Island Railroad, the
Metro North Railroad and the New Jersey Transit
Railway. In addition, there is an Amtrack system.
The two major rail systems (Long Island and
Metro North) are operated by the Department of
Metropolitan Transportation (New York State).
For Metro North, the Connecticut Department
of Transportation and the New Jersey Transit
Authority are also related. The third system (New
Jersey Transit) is operated by the Jersey Transit
Authority (an agency of the State of the same
name). The station operates an urban rail network
in the Hudson and Newark counties.
The Amtrak system is an urban rail system,
operated by the Department of Metropolitan
Transportation (New York State), which manages
the entire urban rail system of three states (except
the railroad in the Hudson and Newark counties
administered by the Jersey Transit Authority.
These agencies manage and operate three state
roads with intersections in 23 counties throughout
the region (New York, Essex, Hudson, Kings,
Queens, New Haven, Trenton, Nassau, Suffolk,
Westchester, Fairfield, Bronx, Putnam, Dutchess,
Bergen, Passaic, Rockland, Morris, Warren, Union,
Somerset, Middlesex, Mercer).
The New York metropolitan area is in fact not a
technically-economic and technically coordinated
region or subdivision of socio-economic and
socio-economic ties. This area is first mentioned
by the United States Statistical System, in which
some areas are defined on the basis of the territory
surrounded by a large metropolitan area, in which
the city is the workplace, and the vicinity is where
residents live. In that sense, the Pure Zone is only
statistically significant because of many types of
services that could not be analyzed locally.
In fact, the statistical approach is only a
consequence, noting the actual existence of the
New York metropolitan area. In essence, this
region is naturally formed by the urban sprawl
of New York City, as the population soars to
overwhelm the urban life, forced to stretch into the
neighborhood. To meet the demand for housing
services of the population in the new urban area,
service delivery organizations gradually came
into existence in the above regions, leading to
stable economic development of New York’s
neighboring towns for a long time.
So far, although being officially named as the
New York Metropolitan Area in many official
Federal documents, the entire region is still not
an organic, complementary territory in respect
to socio-economic fields. As a result, there is
no common coordinating body, no common
development plan for the whole region and
regional state management agencies do not have
plans or cooperating activities for socio-economic
development.
Some lessons from the organization of regional
links in some countries
Since 2008, the Vietnamese Government has
approved the Capital Region Master Plan, which
defines Hanoi as a center and it is surrounded
by 7 provinces (Ha Tay, Vinh Phuc, Hung Yen,
Bac Ninh, Hai Duong, Ha Nam and Hoa Binh).
In 2013, this master plan is adjusted. The Capital
Region includes 3 provinces of Bac Giang, Thai
Nguyen and Phu Tho.
The purpose of building the Region is to
link Hanoi with the neighboring provinces
in order to bring into full play each locality’s
strength, and one locality’s strengths will
complement shortcomings of other locality.
With this plan, the Government will be able
to create a fast and sustainable socio-economic
development while avoiding the duplication
of investment and development, improving
the comprehensive infrastructure system and
raising the efficiency of their exploitation.
However, in order to realize this great target,
Hanoi and other localities in the capital region
should, apart from their inherent advantages,
study international experience of some
economic regions worldwide.
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