Last year (2014), China overtook the United States in gross domestic product adjusted for purchasing power (GDP-PPP, see point 4 for explanation), according to both the International Monetary Fund (IMF) and the World Bank (Note 1). read more »
Japan reached "peak people" in 2011, when its population reached 127.4 million residents. From that point, all trends point to significant population losses. But, there is by no means unanimity on the extent of those population losses. Population projection is anything but an exact science, and Japan provides perhaps the ultimate example.
Dueling National Population Projections read more »
According to the new United Nations World Population Prospects: The 2015 Revision, the population of the world is projected to rise from 7.3 billion in 2015 to 11.2 billion in 2100. This represents a 53 percent increase. However, over the period, population growth will moderate substantially. This is indicated by the annual growth rate the first year (2015 to 2016), at 1.1 percent, compared to the last year (2099 to 2100) at 0.1 percent. read more »
California, our beautiful, resource-rich state, has managed to miss both the recent energy boom and the renaissance of American manufacturing. Hollywood is gradually surrendering its dominion in a war of a thousand cuts and subsidies. California’s poverty rate – adjusted for housing costs – is the nation’s worst, and much of the working class and lower middle class is being forced to the exits. Our recent spate of high-tech growth has created individual fortunes, but few jobs, outside the Bay Area. read more »
According to the just released 11th edition of Demographia World Urban Areas (Built-Up Urban Areas or World Agglomerations), there are now 34 urban areas in the world with more than 10 million residents, the minimum qualification for megacity status. Tokyo-Yokohama continues its 60 year leads the world's largest urban area. read more »
This is an exerpt from a new report published by Civil Service College of Singapore, authored by Joel Kotkin with contributions from Wendell Cox, Ali Modarres, and Aaron M. Renn.
Download the full report.
As the world urbanises and more megacities are created, some smaller, focused urban regions are becoming truly critical global hubs, unlike most larger cities, which are simply tied to their national economies. In a new ranking of global cities, CSC Senior Visiting Fellow Joel Kotkin argues that the truly global city is one that is uniquely situated to navigate the global transition to an information-based economy since the influence of industries such as media, culture or technology are the ones that will determine economic power in future. Kotkin also examines the fundamental challenge faced by cities as they achieve global status: the need to balance two identities, a global and a local one. "The world beckons, and must be accommodated, but a city must be more than a fancy theme park, or a collection of elite headquarters and expensive residential towers", he asserts. read more »
The recently released 10th edition of Demographia World Urban Areas provides estimated population, land area and population density for the 922 identified urban areas with more than 500,000 population. With a total population of 1.92 billion residents, these cities comprise approximately 51 percent of the world urban population. The world's largest cities are increasingly concentrated in Asia, where 56 percent are located. North America ranks second to Asia, with only 14 percent of the largest cities (Figure 1). read more »
Call it 'Nomenclature Nationalism', or 'The Tyranny of Also Known As'. The Virginia state legislature ventured into unfamiliar foreign policy waters earlier this month when it passed a law that requires school text book publishers to add six little words in reference to the body of water usually known as the Sea of Japan: “also known as the East Sea”. New York and New Jersey have now also placed the item on their state agendas. The moves reflect a trend: Geographic nomenclature is becoming a frontline in nationalism, particularly in Asia. read more »
The attached report is derived from a speech given last spring in Singapore at the Singapore University of Technology and Design. The notion here is to lay out a new, more humanistic urban future, not one shaped primarily by large developers, speculators and transient global workers. Singapore was a particularly difficult case to look at since it has no room to spread out, something we still have in much of the rest of the world. Yet the city has been very innovative in the development of open space, and its public housing agency, the Housing Development Board, has worked hard to accommodate the needs of families. read more »
Viewed from a 50-year perspective, the rise of East Asia has been the most significant economic achievement of the past half century. But in many ways, this upward trajectory is slowing, and could even reverse. Simply put, affluence has led many Asians to question its cost, in terms of family and personal life, and is sparking a largely high-end hegira to slower-growing but, perhaps, more pleasant, locales. read more »