Globalization and the Rise of Mega-Cities in the Developing World

Steven Poelhekke and Frederick (Rick) van der Ploeg

No 2208, CESifo Working Paper Series from CESifo

Abstract: Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global economy. First, we critically discuss Friedman’s views and highlight the new globalization driven by outsourcing and vertical specialization. Second, we argue that Friedman pays insufficient attention to the spectacular growth of mega-cities in the developing world. The world is not flat, and the developing world certainly is not. Still, mega-cities tend to become too big. Their growth also goes hand in hand with formation of slums and congestion. We thus argue that there is a role for public policies.

Keywords: globalization; unbundling; off-shoring; mega-cities; congestion; public policies (search for similar items in EconPapers)
JEL-codes: F01 H40 O10 R10 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Journal Article: Globalization and the rise of mega-cities in the developing world (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_2208

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