158
S. Zekovi´ c et al.
Table 13.1 A preliminary impact assessment of the BWP
Development
impacts
High intensity Medium
intensity
Low intensity Level
Impact
evaluation
Development
effects
X
National,
local
−
Transparency
and public
participation
X
Local
−
Raising social
and spatial
inequalities
X
Local
−
Gentrification X
Local
−
Demographic
impacts
X
Local
−
Displacement
effects
X
Local
−
Environmental
impacts
X
Local
+ and −
Economic
effects
X
National,
local
+ and −
Government
independence
in law-making
X
National
–
Public
financial risk
X
National
–
Urban and
spatial transformations
X
Local
+ and −
Technological
modernization
X
Local
+
Regulatory
regime
impacts
X
National
–
Decision of Serbia’s Commission for State Aid as a moot point. The Stabilization
and Association Agreement (2008) and EU regulations prohibit the disturbance
of competition by state aid for the elite-housing and commercial spaces; (2) No
pre-feasibility study, no scientific analysis, and no urban study; (3) A discrepancy
in choice of institutions included in the evaluation of urban construction land, (4)
Unclear dynamics of investment, total sum, and agreed (disproportionate) share of
the strategic partner in financing the buildings in the BWP, and a real risk from the
lack of finances; (5) The regulatory regime implicates public risks and costs, an
inverted order in the preparation of the pre-feasibility study and different appraisals,
implementation postponement, and (6) Discrepancies in the Law on accepting the
agreement between the governments of the Republic of Serbia and United Arab
Emirates with the Constitution (e.g., agreements, programs and projects according
S. Zekovi´ c et al.
Table 13.1 A preliminary impact assessment of the BWP
Development
impacts
High intensity Medium
intensity
Low intensity Level
Impact
evaluation
Development
effects
X
National,
local
−
Transparency
and public
participation
X
Local
−
Raising social
and spatial
inequalities
X
Local
−
Gentrification X
Local
−
Demographic
impacts
X
Local
−
Displacement
effects
X
Local
−
Environmental
impacts
X
Local
+ and −
Economic
effects
X
National,
local
+ and −
Government
independence
in law-making
X
National
–
Public
financial risk
X
National
–
Urban and
spatial transformations
X
Local
+ and −
Technological
modernization
X
Local
+
Regulatory
regime
impacts
X
National
–
Decision of Serbia’s Commission for State Aid as a moot point. The Stabilization
and Association Agreement (2008) and EU regulations prohibit the disturbance
of competition by state aid for the elite-housing and commercial spaces; (2) No
pre-feasibility study, no scientific analysis, and no urban study; (3) A discrepancy
in choice of institutions included in the evaluation of urban construction land, (4)
Unclear dynamics of investment, total sum, and agreed (disproportionate) share of
the strategic partner in financing the buildings in the BWP, and a real risk from the
lack of finances; (5) The regulatory regime implicates public risks and costs, an
inverted order in the preparation of the pre-feasibility study and different appraisals,
implementation postponement, and (6) Discrepancies in the Law on accepting the
agreement between the governments of the Republic of Serbia and United Arab
Emirates with the Constitution (e.g., agreements, programs and projects according