Contemporary cities in the Iberian Peninsula have gone through a period of dramatic changes during the last decade. A period of upward economic indicators and massive urbanization was followed by a tremendous financial crash in 2007 that sank Spanish and Portuguese societies into a profound crisis. That period of massive urbanization has been explained by several factors: the availability of financial capital that was speculatively invested in real-estate, a rather sympathetic land use regulation, and the real or perceived social mobility by most social groups which included housing acquisition enabled by unusual credit facilities. In this book we aim to show several different aspects of this process both in Portugal and Spanish cities, problematizing the economic and social consequences of such a model of urban and economic growth and also presenting some policy and governance outcomes that took place along the last decade. This book was published as a special issue of Urban Research and Practice.

The book addresses the situation of the urban world in Spain and Portugal in the first quarter of the 21st century. Cities and metropolitan areas have become the key to understanding the organization of the territory and the economic system in the Iberian Peninsula. Iberian cities drive financial-based business, and they constitute the main centers of commerce and tourism, since urban and economic organization at present are presented as two directly related variables. This reality is defined by the primacy of three main cities (Madrid, Barcelona, and Lisbon), followed by six metropolitan areas with around one or two million inhabitants (Porto, Bilbao, Zaragoza, Valencia, Seville, and Malaga). As in the large capitals, problems of income inequality and access to housing, mobility, and government also affect the remaining regional urban systems. This book examines these urban areas through six major themes, which are developed in more than 25 chapters. The themes are urbanization, inequality, finance and housing markets, consumers and new residents, mobility, and governance. Contributions from leading geographers and urban planners from the most important universities of the Iberian Peninsula comprise this overview of metropolitan areas of Spain and Portugal.

During the next few years, most European and World cities will be developing urban agendas. Materials published on the subject have been relatively scarce until now. This edited volume introduces a case study implementation of the European Urban Agenda (EUA) in a cross-border region in the Iberian Peninsula between Spain (Galicia) and Portugal. It explores the implementation of a number of urban core principles in two distinctive regions, serving as the basis for a comparative analysis on how such galvanizing principles work, contained in the EUA. The case presented in this edited volume is the first cross-border urban agenda to be drafted. It is a unique piece that contributes to our understanding of the complexities of implementing and translating a common set of urban European principles to variety of different local milieus. The chapters of the book closely examine the various strands of the implementation of urban policies through the lenses of land use, economic competition, innovation, culture and creative industries, energy, ecology, demographic challenges, housing, social inclusion and democratic governance. These chapters are written by international renowned scholars who were involved in the drawing up of the urban agenda for this territory. The ideas, principles and concepts that they impart can be extrapolated to most cities.