Urban rejuvenation refers to the process of revitalizing declining or run-down urban areas, often through physical, economic, and social improvements. In recent years, cities around the world have been facing a range of challenges, such as population growth, urbanization, and environmental degradation, making urban rejuvenation an increasingly important topic of study. Leading academics in the field of urban rejuvenation, such as Richard Florida and Jane Jacobs, have made significant contributions to our understanding of the factors that contribute to the success of urban rejuvenation projects. For example, Florida's theory of the "creative class" highlights the role of talented and creative individuals in driving economic growth and revitalization in cities, while Jacobs' ideas about the importance of vibrant and diverse street life and mixed-use developments have influenced urban design and planning practices. Did you know that according to the World Health Organization, over half of the world's population now lives in cities? This means that the success of urban rejuvenation projects is becoming increasingly important for the well-being of millions of people. In addition, a recent study by the Urban Land Institute found that in the United States alone, over $150 billion has been invested in urban revitalization projects in the past decade. There are many exciting and innovative approaches to urban rejuvenation, ranging from community-led initiatives to large-scale government projects. For example, the High Line in New York City, a former elevated railway that was transformed into a public park, has become a popular destination and a symbol of urban renewal. In Detroit, the Greening of Detroit organization is working to create green spaces and promote sustainable agriculture in the city, with the goal of improving the health and well-being of residents.

Have you ever dreamed of creating the next iconic skyscraper or transforming an entire neighborhood? If so, a career in Real Estate Development might be the perfect fit for you! Real Estate Development is a fascinating and diverse field that involves the creation, renovation, and management of various properties, including commercial, residential, and industrial spaces. It is a dynamic industry that requires creativity, strategic thinking, and a passion for architecture and design. As a Real Estate Developer, you will have the opportunity to work on exciting projects that shape the way people live, work, and play. You could be involved in everything from acquiring land, securing financing, and designing the building, to marketing and leasing the property. One of the most appealing aspects of Real Estate Development is the potential for specialization. You could focus on a particular type of property, such as hotels or shopping centers, or specialize in a specific phase of the development process, such as project management or urban planning. To become a Real Estate Developer, you typically need a Bachelor's degree in a related field, such as Architecture, Engineering, or Business Administration. Many universities offer specialized programs in Real Estate Development, such as the Bachelor of Science in Real Estate Development at the University of Southern California or the Bachelor of Science in Urban and Regional Planning at Florida State University. In addition to formal education, there are several helpful personal attributes that can make you a successful Real Estate Developer. These include strong communication and negotiation skills, attention to detail, and the ability to think creatively and strategically. The job prospects for Real Estate Developers are promising, with the Bureau of Labor Statistics projecting a 7% growth rate in employment from 2018 to 2028. There are many notable and attractive potential employers in both the public and private sectors around the world, including companies like Brookfield Properties, Blackstone Group, and Vornado Realty Trust. So, if you have a passion for architecture and design, a talent for strategic thinking, and a desire to shape the future of our built environment, a career in Real Estate Development might just be the perfect fit for you!

Are you fascinated by the way cities work? Do you want to help shape the future of urban spaces? If so, Urban Planning may be the perfect field of study for you! Urban Planning is an exciting and dynamic field that combines design, policy, and social science to create livable, sustainable, and equitable cities. It is a multi-disciplinary field that draws on disciplines such as architecture, geography, economics, sociology, and environmental science. One of the most appealing aspects of Urban Planning is its real-world impact. Urban planners work on projects that can transform entire neighborhoods, cities, and even regions. For example, urban planners may work on projects such as designing a new public park, improving public transportation, or creating affordable housing. These projects have a direct impact on people's lives, making Urban Planning a rewarding and meaningful field of study. In recent years, there has been a surge of interest in Urban Planning due to the urgency of climate change and the need for more sustainable cities. This has led to exciting innovations in the field, such as green infrastructure, urban agriculture, and smart cities. Urban Planning is also a field that is constantly evolving, with new research and academic discourse emerging all the time. At the undergraduate level, Urban Planning majors typically take courses in urban design, land use planning, transportation planning, environmental planning, and community development. Students may also have the opportunity to specialize in areas such as historic preservation, affordable housing, or urban health. After completing a degree in Urban Planning, there are many potential career paths to pursue. Graduates may work for government agencies, non-profit organizations, or private firms. Some popular job titles include urban planner, transportation planner, environmental planner, and community development specialist. Notable employers include the World Bank, the United Nations, and the National Park Service. To succeed in Urban Planning, it is helpful to have a strong interest in cities, design, and social justice. Strong skills in communication, critical thinking, and data analysis are also important. If you are passionate about creating more livable, sustainable, and equitable cities, Urban Planning may be the perfect field of study for you!

The center of gravity of the urban world is shifting towards emerging markets, with China leading the way. By 2025, 136 new cities are expected to enter the top 600, and middleweight cities are predicted to contribute more than half of global growth. MGI's Cityscope database provides insights for companies and policymakers to navigate the increasing complexity of larger cities.

Want to reduce gun violence in your community? A new study from University of Pennsylvania and Columbia University shows that fixing abandoned houses with new doors, windows, and trash cleanup can lead to significant drops in nearby gun violence. A simple and inexpensive solution for local governments to address the current crisis!

Are you someone who loves to look at houses and imagine what it would be like to live there? Do you enjoy negotiating deals and helping people find their dream homes? If so, a career in real estate might just be the perfect fit for you! Real estate is a dynamic and exciting field that involves buying, selling, and renting properties. As a real estate agent, you'll work with clients to help them find the perfect home or investment property. You'll also negotiate deals, handle paperwork, and manage the entire buying or selling process from start to finish. One of the most appealing aspects of a career in real estate is the flexibility it offers. You can work as an independent agent or join a larger brokerage firm, and you can choose to specialize in a particular area or work with a wide range of clients. Whether you're helping a young family find their first home or working with a wealthy investor to purchase a commercial property, no two days are ever the same in real estate. To become a successful real estate agent, you'll need to have excellent communication skills, a knack for sales, and a strong understanding of the housing market. You'll also need to be organized, detail-oriented, and able to manage multiple clients and transactions at once. There are a variety of undergraduate programs and majors that can prepare you for a career in real estate, including business, finance, and economics. Many real estate agents also choose to pursue additional training and certifications, such as the Certified Residential Specialist (CRS) designation. The job prospects for real estate agents are strong, with a projected growth rate of 7% over the next decade. Some of the top employers in the field include large brokerage firms like Keller Williams and Coldwell Banker, as well as independent agencies and property management companies. So if you're looking for a career that's both challenging and rewarding, consider exploring the exciting world of real estate. Who knows, you might just find your dream job!

A permanent sunshade will be attached to London's "Walkie-Talkie" skyscraper to prevent reflected sunlight from damaging nearby properties. Developer Land Securities has received planning permission for the "brise soleil" solution after the glare from the building melted parked vehicles and damaged shops in the City of London. Discover how this innovative solution will solve the solar glare issue and protect the surrounding area.

The global financial crisis of 2008 led to economic turmoil and widespread job loss, but the role of OTC (over-the-counter) derivatives in the crash is not well understood. These complex financial instruments were designed to reduce risk, but they amplified it, resulting in massive losses and a bailout that cost taxpayers trillions of dollars. OTC derivatives are contracts that allow parties to speculate on the future value of assets such as stocks, bonds, or commodities. They are privately negotiated and not traded on public exchanges, which makes them less transparent and harder to regulate. Banks and other financial institutions created increasingly complex and risky derivatives, such as credit default swaps (CDS) that allowed investors to bet on the likelihood of default on mortgages and other debt in the years leading up to the crisis. When the housing bubble burst and homeowners began defaulting on their mortgages, the value of CDS contracts plummeted, causing massive losses for those who held them. This triggered a chain reaction of failures and bailouts as banks tried to shore up their balance sheets and avoid bankruptcy. The government bailouts of banks and other financial institutions during the crisis are estimated to have cost $12.8 trillion globally, including direct and indirect costs such as lost tax revenue and economic output. Leading academics have been critical of the lack of transparency and regulation in the OTC derivatives market. Senator Elizabeth Warren, a law professor and former chair of the Congressional Oversight Panel for TARP, has argued that the complexity and opacity of these instruments makes it difficult to assess risk and protect consumers. Nobel laureate economist Joseph Stiglitz has also warned of the dangers of unregulated financial innovation, calling for stronger oversight and better risk management. Understanding the role of OTC derivatives in the global financial crisis is a lesson in the need for transparency, accountability, and responsible risk management in the world of finance. By exploring this and related topics in more depth, students can gain valuable insights into the workings of the economy and the forces that shape our world.

Have you ever wondered what it would be like to work in a field where you can make a real difference in people's lives? A career as a Claims Adjuster might just be the perfect fit for you! As a Claims Adjuster, you will be responsible for investigating insurance claims and determining the appropriate amount to be paid out to the policyholder. You will work closely with clients, assess damage and negotiate settlements, making sure that everyone involved is treated fairly and justly. One of the most appealing aspects of this role is the opportunity to work in a variety of industries. Whether it's property and casualty insurance, healthcare, or automotive claims, there is always a need for skilled and knowledgeable Claims Adjusters. To become a Claims Adjuster, you will typically need to have a bachelor's degree in a related field such as business, law, or finance. Many universities offer specialized programs in insurance and risk management, preparing students for a career in this field. In addition to the necessary education, there are several personal attributes that can make you a successful Claims Adjuster. These include excellent communication skills, attention to detail, and the ability to work well under pressure. The job prospects for Claims Adjusters are excellent, with a projected growth rate of 3% over the next decade. Some of the most notable employers in this field include companies such as State Farm, Allstate, and Liberty Mutual. And with the rise of digital technologies, there are even more opportunities to work remotely or from home. So, if you're looking for a challenging and rewarding career that allows you to help others, consider becoming a Claims Adjuster. With the right education and training, you could be on your way to a fulfilling and successful career in this exciting field!

The topics of securitisation and the global financial crisis are not just about numbers, facts, and statistics, but also about human failure, greed, and risk. It's a tale of how a small spark in the world of finance led to a massive explosion that shook the global economy to its core. Let's start with the basics. Securitisation is the process of pooling together various financial assets and then selling securities backed by those assets to investors. The idea behind securitisation was to spread the risk of default among many different investors and make the financial system more stable. However, the reality was far from what was promised. The global financial crisis of 2008 was triggered by the collapse of the housing market, which had been the backbone of the securitisation industry. The crisis was caused by the failure of the rating agencies, who were supposed to assess the risk associated with securities, but instead, gave high ratings to securities backed by risky loans. Ever heard of the term NINJA loans? No Income, No Job, No Assets - these were the types of loans that were being securitised and sold to investors. The financial industry was full of these loans, and the ratings agencies were happy to give high ratings to these securities, leading to the financial crisis. Leading academics such as Raghuram Rajan and Joseph Stiglitz have made significant contributions to the field of securitisation and the global financial crisis. Rajan highlighted the dangers of the financial system's reliance on securitisation, while Stiglitz criticised the rating agencies for their role in the crisis. We hope this write-up has inspired you to dive deeper into the world of securitisation and the global financial crisis. It's a fascinating topic with real-life examples and lessons to be learned. So, grab a book, turn on a documentary, or start a project, and let your imagination take you on a journey to a world of risk, failure, and exploration.

Why do companies manipulate their financial reports? A new study shows that the financial incentives of rank-and-file employees play a significant role in shaping corporate financial reporting. Researchers found that higher pay and fixed compensation for junior accountants can improve accounting quality, while cash bonuses tied to corporate earnings can lead to aggressive revenue recognition and misreporting. Learn more about the bean counters' dilemma and its impact on financial reporting in this thought-provoking study by the Stanford Graduate School of Business and the University of Washington's Foster School of Business.

Roofscapes, a startup founded by three MIT architecture students, is using timber structures to turn the pitched roofs of Paris into accessible green spaces. These green spaces provide a way to grow local food, anchor biodiversity, reduce building temperatures, improve air quality, increase water retention, and give residents a new way to escape the dense urban clusters of modern times. Roofscapes is about helping build up climate resilience for the future while improving the quality of life in cities now.

The rise of the sharing economy has revolutionized the way we live, work and play. From car sharing and home sharing to peer-to-peer lending and crowdfunding, the power of peer-to-peer exchange has disrupted traditional industries, challenged existing regulations, and transformed our understanding of ownership, trust, and community. But what exactly is peer-to-peer economy, and what are the opportunities and challenges it presents for students interested in exploring this cutting-edge academic topic? Peer-to-peer economy refers to a decentralized and networked system of exchange that allows individuals to share, borrow, rent, or sell goods and services directly with each other, often facilitated by online platforms and apps. The key features of peer-to-peer economy are its peer-to-peer nature, its disintermediation of middlemen, its emphasis on trust and reputation, and its potential for collaborative consumption, innovation, and empowerment. The opportunities of peer-to-peer economy are manifold. For example, it can democratize access to resources, reduce waste and carbon footprint, promote social cohesion and inclusivity, and foster entrepreneurship and creativity. According to a report by PwC, the global sharing economy is projected to grow from $15 billion in 2013 to $335 billion in 2025, with sectors such as transportation, accommodation, and finance leading the way. However, the challenges of peer-to-peer economy should not be overlooked. These include issues of regulation, taxation, liability, safety, privacy, and labor rights, as well as the potential for digital divides, fraud, discrimination, and exploitation. Moreover, the impact of peer-to-peer economy on social norms, cultural values, and the common good is still under debate and scrutiny. In conclusion, the peer-to-peer economy is a fascinating and dynamic topic that offers students a wealth of opportunities and challenges to explore. By reading, reflecting, writing, and engaging in self-directed projects, students can gain a deeper understanding of this transformative phenomenon and its implications for the future of work, consumption, and society. So why not take the leap and start your journey of discovery today? The peer-to-peer economy is waiting for you!

Did you know that corporate fraud may be more widespread than we think? According to Professor Alexander Dyck and his team, 3% of U.S. companies are caught committing fraud each year under typical surveillance, but the real number may be closer to 10%. Their research, which examines the impact of the Enron scandal on detecting fraud, also estimated that fraud destroys about 1.6% of a company's equity value, representing about $830 billion in current U.S. dollars. This research will inspire you to explore the topic further and think critically about the role of regulation and oversight in corporate governance.

Architecture is a fundamental part of our everyday lives, from the buildings we live in, to the parks we play in, and the streets we walk on. The way we design and construct our communities has a significant impact on our social, economic, and environmental well-being. Let's explore the fascinating topic of how architecture shapes our lives. One of the key concepts in this field is the idea of placemaking. Placemaking is the process of designing public spaces that promote community interaction, creativity, and social cohesion. One of the pioneers of this approach is Jan Gehl, a Danish architect and urban designer, who has developed a human-centered approach to city planning that prioritizes the needs of pedestrians, cyclists, and public transit users. Another key concept is the notion of sustainable design. Sustainable design is an approach to architecture that considers the environmental impact of buildings and their materials. One example of this is the Bullitt Center, a commercial building in Seattle that is designed to be net-zero energy and carbon-neutral. Architecture also plays a critical role in shaping social and economic inequality. The design of public spaces can either promote or discourage social interaction, and can either facilitate or impede access to economic opportunities. For example, the High Line in New York City is a public park built on an elevated rail line that was converted into a green space. The park has helped to revitalize the surrounding neighborhood and has become a hub of community activity. Designing communities is an essential and exciting field of study that can inspire us to think critically about the places we live and work, and to envision a more equitable and sustainable future.

Have you ever wondered why some CEOs earn hundreds of times more than their employees? In recent years, the topic of excessive CEO compensation has gained widespread attention and sparked intense debate. While some argue that CEOs deserve high pay for their leadership and contributions to their companies' success, others believe that such compensation is unjustified and contributes to economic inequality. In this write-up, we will explore the justifications for and advances in the area of excessive CEO compensation, and discuss the impact it has on the economy and society at large. One common argument in favor of excessive CEO compensation is that it serves as an incentive for CEOs to work harder and make better decisions. Supporters of this view believe that the promise of a large salary and bonuses motivates CEOs to maximize their companies' profits and shareholder value. However, critics argue that this argument is flawed, as there is little evidence to suggest that higher pay leads to better performance. In fact, some studies have found that excessive CEO compensation can lead to short-term thinking, risk-taking, and unethical behavior. In recent years, there have been several advances in the area of excessive CEO compensation. One significant development is the increased attention and scrutiny placed on CEO pay by shareholders, activists, and the media. This has led to a greater focus on the link between CEO pay and company performance, as well as the need for greater transparency and accountability in executive compensation. Another development is the rise of shareholder activism, in which investors use their power to influence companies' decisions on CEO pay and other issues. To fully understand the topic of excessive CEO compensation, it is important to be familiar with certain academic terms and concepts. One such term is "pay ratio," which refers to the ratio of CEO pay to median employee pay. Another important concept is "stock options," which are a form of executive compensation that gives CEOs the right to buy company stock at a set price. Additionally, "agency theory" is a key concept that is used to explain and resolve issues in the relationship between CEOs and their companies' shareholders. Several leading academics have made significant contributions to the study of excessive CEO compensation. One of these scholars is Lucian Bebchuk, a professor at Harvard Law School who has written extensively on the topic. Bebchuk argues that excessive CEO pay can lead to a misalignment of interests between executives and shareholders, and calls for reforms to address this issue. Another important academic in this area is Steven N. Kaplan, a professor at the University of Chicago Booth School of Business. Kaplan's research focuses on the link between CEO pay and company performance, and he has found that the relationship between the two is more complex than previously thought. Excessive CEO compensation is a complex and controversial topic that has significant implications for the economy and society.

Urban design is a field that combines architecture, landscape architecture, and city planning to create beautiful and functional environments in urban areas. It's a career that is all about improving the quality of life for city dwellers by designing spaces that are both aesthetically pleasing and practical. As an urban designer, you'll be responsible for creating public spaces such as parks, plazas, and streetscapes. You'll be involved in designing buildings and infrastructure, such as bridges, tunnels, and highways. You'll also work with local governments and community groups to ensure that your designs meet the needs of the people who will use them. One of the most exciting aspects of urban design is the opportunity to create spaces that are truly unique and inspiring. For example, you might design a park that incorporates elements of the local culture, or create a public art installation that reflects the history of the area. These projects can have a real impact on the community, and can be incredibly rewarding to work on. As an urban designer, you'll typically work in a team environment, collaborating with architects, engineers, and city planners. You may also have the opportunity to specialize in a particular area, such as transportation planning, historic preservation, or sustainable design. To become an urban designer, you'll typically need a bachelor's degree in architecture, landscape architecture, or urban planning. Popular undergraduate programs include the Bachelor of Architecture (B.Arch), Bachelor of Science in Landscape Architecture (BSLA), and Bachelor of Urban Planning (BUP). In addition to formal education, there are a number of personal attributes that can be helpful in a career in urban design. These include creativity, problem-solving skills, attention to detail, and the ability to work well in a team environment. Job prospects for urban designers are generally strong, with employment opportunities available in both the public and private sectors. Some notable potential employers include the City of New York Department of City Planning, the London-based firm Foster + Partners, and the San Francisco-based firm Gensler. In the longer term, the outlook for urban designers is positive, as cities around the world continue to grow and evolve. As an urban designer, you'll have the opportunity to shape the future of our cities, creating spaces that are not only beautiful, but also functional and sustainable. If you're passionate about design, and want to make a real difference in the world, a career in urban design could be the perfect choice for you.

In "The Curse of Cash," Kenneth Rogoff, a world-renowned economist, presents a radical idea: getting rid of most paper money to fight crime, tax evasion, and financial crises. With a record $1.4 trillion in US dollars alone, paper money is feeding a massive underground economy, crippling monetary policy, and making us poorer and less safe. Rogoff offers a plan to phase out most paper money, leaving small-denomination bills and coins in circulation, and addresses the issues the transition will pose. This thought-provoking book is a must-read for anyone interested in economics, finance, politics, and social justice. Recommended for students of economics, finance, and political science, as well as professionals in banking, law enforcement, and policy-making, "The Curse of Cash" sheds light on the hidden costs and dangers of paper money and proposes a bold solution to some of the world's biggest problems. By exploring the links between cash, crime, corruption, terrorism, and economic inequality, Rogoff challenges us to rethink our assumptions about money and value, and to consider the implications of a cashless society for privacy, security, and social welfare. This book is also relevant to anyone interested in global affairs, technology, and the future of money.

Discover how the world's most influential cities transformed into command centers for the global economy in Saskia Sassen's groundbreaking work. Sassen's unique theoretical framework sheds light on the formation of cross-border dynamics, revealing how these cities form strategic transnational networks. In this updated edition, Sassen explores the latest trends in globalization, making this book a must-read for anyone interested in the global economy and its impact on urban centers." Recommended for students of economics, urban studies, and international relations, as well as professionals in business and government, Saskia Sassen's work offers a unique perspective on the formation of global cities and their impact on the world economy. This book is particularly relevant to those interested in understanding the role of transnational networks in shaping the global economy, and how cities like New York, London, and Tokyo have become key players in this process. It also sheds light on the challenges and opportunities faced by urban centers in an increasingly interconnected world.

Are you interested in making a positive impact on communities and economies around the world? Do you have a passion for problem-solving and strategic planning? If so, a career as an Economic Development Specialist might be the perfect fit for you! Economic Development Specialists work to promote economic growth and stability in communities, regions, and even entire countries. They analyze economic data, identify potential areas for growth, and develop strategies to attract new businesses and investments. They also work to retain and expand existing businesses, which can create jobs and boost local economies. One inspiring example of the impact an Economic Development Specialist can have is the story of Detroit, Michigan. In the early 2000s, Detroit was struggling economically, with high unemployment rates and a declining population. But with the help of Economic Development Specialists, the city was able to attract new businesses and investments, revitalize its downtown area, and create new job opportunities for residents. Typical duties of an Economic Development Specialist include conducting research and analysis to identify economic trends and opportunities, developing strategies to attract new businesses and investments, working with local government officials and community leaders to implement economic development plans, and providing support and resources to businesses and entrepreneurs. There are many potential areas of specialization within the field of economic development, including international development, urban planning, and community development. Related fields include finance, marketing, and public policy. To become an Economic Development Specialist, a bachelor's degree in economics, business, or a related field is typically required. Some popular undergraduate programs and majors include Economics, Business Administration, and Public Policy. Helpful personal attributes for a career in economic development include strong analytical and problem-solving skills, excellent communication and interpersonal skills, and the ability to work collaboratively with a wide range of stakeholders. Job prospects for Economic Development Specialists are good, with a projected growth rate of 11% from 2019-2029. There are many potential employers in both the public and private sectors, including local and national government agencies, non-profit organizations, and private consulting firms. Notable employers include the United Nations Development Programme, the World Bank, and the International Economic Development Council. So if you're looking for a rewarding and impactful career that combines analytical skills with a passion for community development, consider becoming an Economic Development Specialist!