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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/26253
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| Title: | | Globalization and the rise of mega-cities in the developing world  |
| Authors: | | van der Ploeg, Frederick Poelhekke, Steven |
| Issue Date: | | 2008 |
| Series/Report no.: | | CESifo working paper 2208 |
| 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 Friedmans 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. |
| Subjects: | | globalization unbundling off-shoring mega-cities congestion public policies |
| JEL: | | F01 H40 O10 R10 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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