Sunday, November 27, 2011

Making Sense of Bangalore (Edward L. Glaeser)

Edward Glaeser is among today's most widely acclaimed urban economists, who has long argued for the benefits of  agglomeration in cities and a fan of Bengaluru's growth.  In this article, published by the Legatum Institute he shows why he thinks that Bengaluru is a "model of how an urban agglomeration can bring prosperity to a poor country". His most recent publication is Triumph of the City.

Abstract of the Report
Bangalore is among the most successful cities in India and the developing world. Its population growth has been dramatic and it has generated vast amounts of wealth and prosperity. Bangalore’s economic success reflects the ability of cities to connect smart people who then work together and learn from one another. In the developing world, places like Bangalore also serve as conduits for knowledge and capital and services across continents. The vitality of Bangalore contrasts vividly with the continuing poverty of rural India. That contrast reminds us that cities are a crucial part of economic development. It makes far more sense to directly address the challenges of urban growth, such as unclean water and congestion, rather than to artificially constrain the expansion of mega-cities like Bangalore.

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