More than half the world’s population now lives in urban areas, and the 300 largest metropolitan economies in the world account for nearly half of all global output. The concentration of economic growth and prosperity in large metro areas defines the modern global economy, creating both opportunities and challenges in an era in which national political, economic, and societal trends are increasingly influenced by subnational dynamics. Understanding these large metro areas’ economic trajectory, which we measure through employment and GDP per capita measures, offers additional insights into the sources of growth that national or regional assessments tend to obscure.
No comments:
Post a Comment