China isn't the world's most ferocious new economic competitor--the exploding east-coast corridor, from Beijing to Shanghai, is. India as a whole is not developing high-tech industries and attracting jobs, but the booming mega-region stretching from Bangalore to Hyderabad is. Across the world, in fact, nations don't spur growth so much as dynamic regions--modern versions of the original "megalopolis," a term coined by the geographer Jean Gottman to identify the sprawling Boston-New York-Washington economic power corridor.
The New Megas are the real economic organizing units of the world, producing the bulk of its wealth, attracting a large share of its talent and generating the lion's share of innovation. They take shape as powerful complexes of multiple cities and suburbs, often stretching across national borders--forming a vast expanse of trade, transport, innovation and talent. Yet, though the rise of regions has been apparent for more than a decade, no one has collected systematic information on them--not the World Bank, not the IMF, not the United Nations, not the global consulting firms.
China isn't the world's most ferocious new economic competitor--the exploding east-coast corridor, from Beijing to Shanghai, is. India as a whole is not developing high-tech industries and attracting jobs, but the booming mega-region stretching from Bangalore to Hyderabad is. Across the world, in fact, nations don't spur growth so much as dynamic regions--modern versions of the original "megalopolis," a term coined by the geographer Jean Gottman to identify the sprawling Boston-New York-Washington economic power corridor.The New Megas are the real economic organizing units of the world, producing the bulk of its wealth, attracting a large share of its talent and generating the lion's share of innovation. They take shape as powerful complexes of multiple cities and suburbs, often stretching across national borders--forming a vast expanse of trade, transport, innovation and talent. Yet, though the rise of regions has been apparent for more than a decade, no one has collected systematic information on them--not the World Bank, not the IMF, not the United Nations, not the global consulting firms.
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