Urban Markets and their functions in communities
- 2. Things to Cover • Introduction to Urban Markets • Urban vs. Rural Markets • Economic, Social and Environmental Impacts of Urban Markets • Typical Urban Markets
- 4. 1.2. Urban vs. Rural Markets Urban markets are located in densely populated areas and cater to the needs of urban dwellers, offering a wide range of products and services. Rural markets, in contrast, are situated in less populated areas and primarily serve local agricultural and basic needs.
- 5. 1.3. Characteristics of Urban Markets High population density and economic activity. Variety of goods and services, including fresh produce, second- hand items, and artisanal products. Significant cultural and social interactions, attracting a diverse group of people.
- 6. Economic, Social and Environmental Impact Economic Impact: Stimulates local economy by providing space for commerce and exchange of good in the local area. Engines of local economy, facilitating circulation of financial resources in the local communities (Porter, 2006).
- 7. Economic, Social and Environmental Impact Economic Impact: Urban markets provide support for small businesses (artists, producers, crafters etc.), with low-level entry requirements , and direct access to Employment opportunities both directly within the markets (part- time, entrepreneurs, students etc.) and indirectly in surrounding businesses and suppliers (food providers etc.).
- 8. Economic, Social and Environmental Impact Economic Impact: Acts as a platform for local farmers to sell their products, thus supporting the local independent farmers. Retains the capital within the community, contributing to the retention of wealth.
- 9. Economic, Social and Environmental Impact Social Impact: Urban markets serve as vibrant cultural hubs where people from diverse backgrounds gather, facilitating cultural exchange and social cohesion (Zukin, 1995). They act as communal spaces where different societal classes, ethnicities, and beliefs intersect, enhancing social resilience and cohesion.
- 10. Economic, Social and Environmental Impact Social Impact: Due to its diversity by nature, urban markets also act as a support mechanism for continuation of various local and ethnic traditions. Therefore, this exchange of cultures and traditions also facilitate a social inclusion mechanism within the community.
- 11. Economic, Social and Environmental Impact Environmental Impact: Locally sourced goods reduce the need for long-distance transportation, thus lowering carbon emissions. Markets often utilize underused or neglected urban spaces, bringing them back to life and contributing to the overall efficiency of urban land use (Project for Public Spaces, 2008).
- 12. Typical Urban Markets Naschmarkt, Vienna, Austria: Vienna's most famous market, dating back to the 16th century Offers fresh produce, international foods, spices, and delicacies. Fresh fruits, vegetables, cheeses, meats, seafood, and specialty foods like falafel and sushi. Weekend flea market with antiques and vintage items.
- 13. Typical Urban Markets La Boqueria Market, Barcelona, Spain: Dates back to the 13th century. Offers a vast array of fresh seafood, meats, fruits, vegetables, and gourmet foods. Significant contributor to Barcelona’s culinary tourism.
- 14. Typical Urban Markets Monastiraki Flea Market, Athens, Greece: Sells a variety of items including antiques, souvenirs, clothing, and jewelry. Mainly operates on Sunday with the participation of the local population and the tourists visiting the city. Supports small traders and artisans.
- 15. Typical Urban Markets Marché du Midi, Brussels, Belgium: One of the largest markets in Brussels, held every Sunday near the Gare du Midi. Offers a wide range of products including fresh produce, meats, fish, clothing, and household items. Reflects Brussels’ multicultural population.
- 16. Typical Urban Markets Kemeralti Market, Izmir, Turkiye: Historical market area dating back to the 17th century. Offers a variety of goods including clothing, electronics, jewelry, and spices. Important hub for traditional Turkish textiles, spices, fresh produce, and leather goods.
- 17. Typical Urban Markets Mauerpark Flea Market, Berlin, Germany: Located in the Mauerpark area, it is one of Berlin’s most popular flea markets. Known for its eclectic mix of second-hand goods, antiques, vinyl records, and handmade crafts. Provides a platform for local artists and entrepreneurs.
- 18. References Porter, M.E. (2006). "Competition in global industries: A conceptual framework." In Competition in Global Industries (pp. 15-60). Harvard Business Press. Smit, J., Nasr, J., & Ratta, A. (2001). "Urban agriculture: Food jobs and sustainable cities." United Nations Development Programme Publication Series for Habitat II. Project for Public Spaces. (2008). "Public Markets as a Vehicle for Social Integration and Upward Mobility." Project for Public Spaces Inc. Vienna Tourist Board. (n.d.). Naschmarkt. Retrieved from https://www.wien.info/en/dine-drink/markets/naschmarkt-353536 Sudinfo. (2020, June 13). Le Marché du Midi à Saint-Gilles rouvrira dimanche matin. Retrieved from https://www.sudinfo.be/id205668/article/2020-06-13/le-marche-du-midi-saint-gilles-rouvrira-dimanche-matin Through Eternity Tours. (n.d.). Boqueria Market Barcelona Online Guide. Retrieved from https://www.througheternity.com/en/blog/food-and-wine/boqueria-market-barcelona-online-guide.html Matt Barrett's Athens Guide. (n.d.). Monastiraki. Retrieved from https://www.athensguide.com/monastiraki.html Republic of Turkey Ministry of Culture and Tourism. (n.d.). Kemeralti Bazaar. Retrieved from https://izmir.ktb.gov.tr/EN- 239236/kemeralti-bazaar.html
- 19. THANKS