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Cities in a Globalizing World


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In a world moving very rapidly on both urbanization and globalization, cities in the developing world face both serious challenges and attractive opportunities. They can reap the benefits of economic growth by creating an enabling investment climate: well-functioning markets, institutions that support sound governance and regulatory regimes, and public infrastructure and social services. At the same time they can create an environment where their citizens are both included and empowered. And because cities do not exist in isolation, urban policies and programs must also be coordinated with national initiatives. Cities in a Globalizing World not only raises our awareness of issues that can only become still more pressing and still more critical to growth and equity in this century; it also provides important and valuable analyses of options for public action. ---- Sir Nicholas Stern, Head of Government Economic Service, United Kingdom

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