Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26253
Authors: 
van der Ploeg, Frederick
Poelhekke, Steven
Year of Publication: 
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 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.
Subjects: 
globalization
unbundling
off-shoring
mega-cities
congestion
public policies
JEL: 
F01
H40
O10
R10
Document Type: 
Working Paper

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