As Cities Grow, Their Definitions Get Murky
6 November 2011 - 5:00am
As the world continues to urbanize and megacities continue to grow, cities are increasingly "unrecognizable," no longer necessarily, say, places of political power. David Pillings repots on this and other issues challenging the traditional city.
"The way most cities are run has not caught up with reality. According to McKinsey, more than one-fifth of the world’s population live in just 600 cities, which together generate half of global output. Yet many of these have little sway over their own budgets, planning or policy. Fauzi Bowo, governor of Jakarta, complained at an FT/World Bank conference in Singapore that he had to beg the national government for funds."
Full Story:
The rise of the megacity
Source:
Financial Times, November 5, 2011
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