Metropolitan Areas Drive Economies

Metropolitan regions are the most important factors in supporting prosperous economies. For national economies to succeed, metropolitan regions must succeed, according to this article from the Brookings Institution.

"Though our economic development policies don't reflect it, America doesn't really possess a national economy, or even a collection of 50 state economies. Instead, America's long-term prosperity stands or falls on the more local prosperity of its 363 distinct, varied, clustered, and interlinked metropolitan economies, dominated by the 100 largest metros-many of which cross county and state jurisdictions and incorporate multiple city centers, suburbs, exurbs, and downtowns in a way that the old hub-and-spoke model of urban geography never did. In that sense, America is quite literally a "MetroNation," utterly dependent on the success of its metropolitan hubs."

"From the hundreds of square miles that constitute contemporary London to the sprawling Brazilian city-states of Sao Paulo and Rio, metros are the new norm in global economic development, shaped by twenty-first-century forces of globalization, innovation, and cultural diversity."

Full Story: Miracle Metros

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