Share
CityLab
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.”
By Richard Florida | 28 Feb 2019
RELATED TOPICS:
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
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
Caltrans’ Response to Homeless Encampments Is Lagging, Cities Complain
9 hours ago
Investors Buy Fig Garden Village. How Much Did It Sell For?
3 hours ago
Categories

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

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

Tatum to Miss Remainder of Playoffs After Achilles Tendon Surgery

Fresno Police Seek Public’s Help Identifying Shooting Suspect
