Executive Editor JOEL KOTKIN on My View for the World... regarding Mumbai

by Kaitlin Hopkins 09/04/2009

"While the gulf between the extremely wealthy and destitute remains deep in Mumbai, a burgeoning middle class is helping reshape the economy, Kotkin said, adding that 'Small vehicle, motorcycle and modest-apartment sales are all on the rise.' In less than a lifetime, we have seen the rapid rise of a host of dynamic new global cities -- and the relative decline of many others. The world capitals of tomorrow may largely be not in the Western world, but in countries such as China, Russia and Australia," the report said."

Joel Kotkin on My View for the World

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