Local governance and financial risks in peripheral urban areas: the case of Culiacán, Sinaloa

This article analyzes financial risk local management in peripheral urban communities of Culiacán Rosales, Sinaloa. This mixed approach descriptive research, integrated documentary analysis, direct observation and cartographic review. The objective was to characterize risk management, institutional practice and its impact on excluded urban environments. Results show a slight relation between strategic planning and territorial governance, as well as the lack of integral management models. A financial risk contextualized typology suitable to peripheral urban areas is proposed. This research contributes to the disciplinary field by linking game theory to territorial analysis indicating lines of action for a more equitable and sustainable planning.