Please ensure Javascript is enabled for purposes of website accessibility
The Real Powerhouses That Drive the World’s Economy
Opinion
By Opinion
Published 6 years ago on
March 5, 2019

Share

[aggregation-styles]

The Real Powerhouses That Drive the World’s Economy

When world leaders, economists, and pundits talk about global economic power, they usually talk about nation-states. That’s how we typically tally up economic power, rating and ranking nations on their gross domestic product. Today, economists and business analysts talk about when China will overtake the United States as world’s largest economy (based on at least one measure of purchasing power parity it already has).

But this obsession with nation-states does not fit the reality of today’s highly-clustered knowledge economy, centered in and around global cities. And, it’s not just individual cities and metropolitan areas that power the world economy. Increasingly, the real driving force is larger combinations of cities and metro areas called mega-regions.

Back in 1961, the economic geographer Jean Gottmann coined the term “megalopolis” to describe the emerging economic hub that stretched from Boston to Washington, D.C. The term came to be applied to a number of regions in the world, including the vast Midwestern megalopolis that extends from Chicago, through Detroit and Cleveland, and south to Pittsburgh, which Gottmann dubbed “Chi-Pitts.”

Read More →

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Investors Buy Fig Garden Village. How Much Did It Sell For?

DON'T MISS

Fresno County DA Wants Teens Tried as Adults in Caleb Quick Murder

DON'T MISS

State Farm Wins First-Ever Emergency Rate Hike in California

DON'T MISS

Work Permits Reinstated for UC Merced International Students, Anxiety Persists

DON'T MISS

Tatum to Miss Remainder of Playoffs After Achilles Tendon Surgery

DON'T MISS

Fresno Police Seek Public’s Help Identifying Shooting Suspect

DON'T MISS

MLB Reinstates Pete Rose and Shoeless Joe Jackson, Making Them Hall of Fame Eligible

DON'T MISS

Karbassi Running for Fresno County Elections Clerk, Says He Can ‘Do Better’

DON'T MISS

Global Eggs Completes Acquisition in US, Closes New Deal in Europe

DON'T MISS

‘I Never Said He Called My Son the N-Word.’ Fresno Unified Trustee Thomas Tries to Erase Accusation Against Former Bullard Coach

UP NEXT

Rise of the Anti-“Woke” Democrat

UP NEXT

High-Level Saudi Visit Follows Multimillion-Dollar Foreign Influence Operation

UP NEXT

Iran and Russia Move to Fill Diplomatic Vacuum in Afghanistan

UP NEXT

Pelosi’s Husband Locked In $5.3 Million From Alphabet Options

UP NEXT

Experts Reportedly See Major Damage in Attack on Iran Centrifuge Plant

UP NEXT

Opinion: School Choice Marches Ahead

UP NEXT

Zakaria: Americans Care About History Because the Stakes Are High

UP NEXT

California Democrats Are Reliably Pro-Labor. But One Union Is Testing Their Patience.

UP NEXT

The Tightrope Walk Democrats Have Ahead on Two Separate Infrastructure Bills

UP NEXT

Bill Barr on Trump’s Election Fraud Claims: “It Was All Bullsh*t”

Work Permits Reinstated for UC Merced International Students, Anxiety Persists

4 hours ago

Tatum to Miss Remainder of Playoffs After Achilles Tendon Surgery

4 hours ago

Fresno Police Seek Public’s Help Identifying Shooting Suspect

4 hours ago

MLB Reinstates Pete Rose and Shoeless Joe Jackson, Making Them Hall of Fame Eligible

5 hours ago

Karbassi Running for Fresno County Elections Clerk, Says He Can ‘Do Better’

5 hours ago

Global Eggs Completes Acquisition in US, Closes New Deal in Europe

7 hours ago

‘I Never Said He Called My Son the N-Word.’ Fresno Unified Trustee Thomas Tries to Erase Accusation Against Former Bullard Coach

8 hours ago

UnitedHealth Group CEO Steps Down as Company Lowers, Then Withdraws Financial Outlook for 2025

8 hours ago

FDA and RFK Jr. Aim to Remove Ingestible Fluoride Products Used to Protect Kids’ Teeth

8 hours ago

Caltrans’ Response to Homeless Encampments Is Lagging, Cities Complain

9 hours ago

Investors Buy Fig Garden Village. How Much Did It Sell For?

Two investment companies purchased the “premier” Fig Garden Village Shopping Center, saying they want to add new tenants and upg...

3 hours ago

https://www.communitymedical.org/thecause?utm_source=Misfit+Digital&utm_medium=GVWire+Banner+Ads&utm_campaign=Branding+2025&utm_content=thecause
3 hours ago

Investors Buy Fig Garden Village. How Much Did It Sell For?

Fresno clovis caleb quick
3 hours ago

Fresno County DA Wants Teens Tried as Adults in Caleb Quick Murder

4 hours ago

State Farm Wins First-Ever Emergency Rate Hike in California

4 hours ago

Work Permits Reinstated for UC Merced International Students, Anxiety Persists

4 hours ago

Tatum to Miss Remainder of Playoffs After Achilles Tendon Surgery

Fresno police are seeking help identifying a suspect caught on video after a shooting near First Street and Belmont Avenue left one person injured on Sunday. May 11, 2025. (Fresno PD)
4 hours ago

Fresno Police Seek Public’s Help Identifying Shooting Suspect

5 hours ago

MLB Reinstates Pete Rose and Shoeless Joe Jackson, Making Them Hall of Fame Eligible

5 hours ago

Karbassi Running for Fresno County Elections Clerk, Says He Can ‘Do Better’

Help continue the work that gets you the news that matters most.

Search

Send this to a friend