Please ensure Javascript is enabled for purposes of website accessibility
The Real Powerhouses That Drive the World’s Economy
News
By News
Published 4 years ago on
December 30, 2019

Share

[aggregation-styles]

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

Coalition: CA Lawmakers Need to Roll Back Proposed ‘Utility Tax’

DON'T MISS

CA’s High Construction Costs Limit Housing. A Supreme Court Decision Might Help

DON'T MISS

Now’s the Time to Register for FUSD’s Free Preschool and T-K

DON'T MISS

‘Hopeville’ Literacy Documentary Showing Tonight at Roosevelt High

DON'T MISS

Michigan Faces Probation for Football Recruiting Violations; Case vs. Jim Harbaugh Pending

DON'T MISS

What Winnie the Pooh and Mickey Mouse Can Tell Us About the Public Domain and Remix Culture

DON'T MISS

Acquisition of Historic Fresno Real Estate Brand Creates Area’s Largest Brokerage

DON'T MISS

Wall Street’s Mixed Trading Day

DON'T MISS

It’s ‘Signing Day’ for These Clovis Unified Youngsters

DON'T MISS

Clovis Armed Robbery and Pursuit Result in 3 Arrests, 1 Suspect Still at Large

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”

‘Hopeville’ Literacy Documentary Showing Tonight at Roosevelt High

Local Education /

2 hours ago

Michigan Faces Probation for Football Recruiting Violations; Case vs. Jim Harbaugh Pending

3 hours ago

What Winnie the Pooh and Mickey Mouse Can Tell Us About the Public Domain and Remix Culture

3 hours ago

Acquisition of Historic Fresno Real Estate Brand Creates Area’s Largest Brokerage

Breaking News /

3 hours ago

Wall Street’s Mixed Trading Day

3 hours ago

It’s ‘Signing Day’ for These Clovis Unified Youngsters

Local Education /

3 hours ago

Clovis Armed Robbery and Pursuit Result in 3 Arrests, 1 Suspect Still at Large

3 hours ago

Charges Against Trump and Jan. 6 Rioters at Stake as Supreme Court Hears Debate Over Obstruction Law

4 hours ago

Fresno Fire and Police Ramp up Probe Into Fires at Cemeteries

4 hours ago

New Recruiting Programs Put Army, Air Force on Track to Meet Enlistment Goals. Navy Will Fall Short

4 hours ago

Coalition: CA Lawmakers Need to Roll Back Proposed ‘Utility Tax’

A proposal to levy a fixed charge on customers of California’s big investor-owned utilities will harm low-income households, further l...

3 mins ago

3 mins ago

Coalition: CA Lawmakers Need to Roll Back Proposed ‘Utility Tax’

1 hour ago

CA’s High Construction Costs Limit Housing. A Supreme Court Decision Might Help

Local Education /
2 hours ago

Now’s the Time to Register for FUSD’s Free Preschool and T-K

Local Education /
2 hours ago

‘Hopeville’ Literacy Documentary Showing Tonight at Roosevelt High

3 hours ago

Michigan Faces Probation for Football Recruiting Violations; Case vs. Jim Harbaugh Pending

3 hours ago

What Winnie the Pooh and Mickey Mouse Can Tell Us About the Public Domain and Remix Culture

Breaking News /
3 hours ago

Acquisition of Historic Fresno Real Estate Brand Creates Area’s Largest Brokerage

3 hours ago

Wall Street’s Mixed Trading Day

MENU

CONNECT WITH US

Search

Send this to a friend