Some good articles on urbanisation in the latest edition of Finance and Development. Too much to comment in here but read and worry about how to handle the urban jungle.
The Urban Revolution
David E. Bloom and Tarun Khanna
The year 2008 marks a watershed in the complex and ongoing urban revolution. For the first time, more than 50 percent of the world's people will live in urban areas. Rapid urbanization may prove a blessing, provided the world takes notice and plans accordingly.
The poor are gravitating to towns and cities, but maybe not quickly enough. A faster pace of urbanization could induce more rapid poverty reduction. Development policymakers should facilitate this process, not hinder it.
Big, or Too Big?
Megacities create special issues of governance, funding, and provision of services. Both national governments and megacities can secure potential benefits by exploring the devolution of clearly defined responsibilities and revenue-raising capacity that provide incentives for good governance.
What Is the Biggest Challenge in Managing Large Cities
Matthew Maury, Kishore Mahbubani, and Ramesh Ramanathan and Swati Ramanathan
Three points of view on different ways to manage the expansion of cities well .