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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.
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!
Are you passionate about making a positive impact in your community? Do you have a knack for leadership and problem-solving? If so, a career as a City Manager might just be the perfect fit for you! As a City Manager, you will play a crucial role in the day-to-day operations of your city. You will be responsible for overseeing all aspects of city operations, from managing budgets and implementing policies to ensuring the safety and well-being of your citizens. One of the most appealing aspects of this role is the opportunity to make a real difference in your community. Whether you're working to improve infrastructure, promote economic growth, or provide essential services to your citizens, you will have the power to shape the future of your city. In addition to the meaningful work, a career as a City Manager also offers a wide range of potential specializations. You may choose to focus on areas such as urban planning, public safety, or environmental sustainability, depending on your interests and expertise. To become a City Manager, you will need to have a strong educational background. Popular undergraduate programs and majors include public administration, political science, and business management. You may also choose to pursue a master's degree in a related field to further enhance your skills and knowledge. In terms of personal attributes, successful City Managers tend to be strong communicators, strategic thinkers, and effective problem-solvers. They are also highly organized and able to manage multiple priorities simultaneously. The job prospects for City Managers are promising, with many opportunities available in both the public and private sectors. Notable employers include the City of New York, the City of London, and the City of Tokyo, among others. So, if you're looking for a career that combines meaningful work with the opportunity to make a real difference in your community, consider becoming a City Manager. With hard work, dedication, and a passion for public service, you could be on your way to a rewarding and fulfilling career!
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.
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 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!
Urban inequalities refer to the disparities and imbalances in opportunities, resources, and outcomes among different groups of people living in urban areas. This includes issues such as poverty, housing insecurity, racial and ethnic disparities, access to education and healthcare, and more. One of the leading academics in the field is sociologist and author, Loic Wacquant. Wacquant argues that the root causes of urban inequalities can be traced to broader social, political and economic structures and processes. He has written extensively on the ways in which the state and market forces interact to produce and reinforce urban inequalities, particularly in the global North. Another important figure in the study of urban inequalities is economic geographer David Harvey. Harvey has famously argued that urban inequalities are a result of the way that capitalism functions, and has developed the concept of "spatial fixes" to describe how capital seeks out new and profitable opportunities in the urban environment. The statistics on urban inequalities are staggering. For example, it has been estimated that in the United States, the poverty rate for urban residents is over double that of rural residents. Median incomes in rural areas of the Northeast and Midwest ($62,291 and $55,704 respectively) were higher than in the regions’ urban areas ($60,655 and $51,266) while that in the South and West ($50,989 and $58,541) were higher than in rural areas ($46,891 and $56,061). However, across all four regions, poverty rates were consistently lower for rural residents. In many cities around the world, racial and ethnic minorities are more likely to live in poverty and experience housing insecurity. The COVID-19 pandemic has only exacerbated these disparities, with low-income urban residents being disproportionately affected. Despite the challenges, there are also inspiring stories of communities and individuals working to address urban inequalities. For example, community-led organizations in cities like Detroit and Baltimore are working to revitalize neighbourhoods and provide resources and support to residents. Activists and advocates are also pushing for policy changes at the local, state and national levels to address the root causes of urban inequalities.
Robert Frank's "The High-Beta Rich" exposes the untold story of the high-beta rich and their impact on the American economy. With vivid storytelling, Frank takes readers inside the mortgaged mansions, blown-up balance sheets, and repossessed Bentleys and Gulfstreams. The book highlights how the top 1% of the population, who control more than a third of the country's wealth, are becoming an increasingly unstable force in the economy, wreaking havoc on communities, employment opportunities, and government finances. This engrossing read is a must for anyone interested in understanding the national consequences of high-beta wealth. Recommended for economics and business students, policymakers, and anyone interested in understanding the impact of wealth inequality on the economy and society. The book's insights into the volatile nature of high-beta wealth and its consequences for communities, employment opportunities, and government finances make it an important read for those concerned with economic stability and social justice. The book's vivid storytelling and analysis of the lives of the high-beta rich also make it an entertaining read for anyone interested in the lifestyles of the wealthy.
Contrary to popular belief, small businesses can benefit from minimum wage increases. A new study from UC Berkeley shows that higher wages lead to less turnover, increased productivity, and better recruitment. The study challenges the conventional wisdom that small businesses suffer more from higher labor costs and are more likely to cut jobs. The findings have significant implications for public policy and reduce poverty and financial insecurity.
Why did the cost of urban housing skyrocket? Is it just NIMBYism or is there something deeper at play? Explore the historical and ideological roots of the housing crisis through the lens of historian Jacob Anbinder's dissertation in progress, 'Cities of Amber: Antigrowth Politics and the Making of Modern Liberalism, 1950-2008.'
Enter the mind of Adam Smith, the father of modern economics, and explore his magnum opus, 'The Wealth of Nations'. This classic work, considered the first modern work of economics, delves into the nature and causes of wealth in society. Smith's insights on political economy and moral philosophy continue to shape economic thought today. With an unabridged and illustrated eBook report, readers can navigate through Smith's complex ideas with ease. Discover the antidote to superstition and enthusiasm with 'The Wealth of Nations'." Recommended for students of economics, political science, and philosophy, as well as anyone interested in the history of economic thought. This book provides a foundational understanding of modern economics and the role of government in shaping economic policy. Additionally, those interested in the intersection of morality and economics will find Smith's insights on the subject thought-provoking. The book is also valuable for professionals in the fields of finance and business, as it offers a historical perspective on the evolution of economic systems. Overall, 'The Wealth of Nations' is a must-read for anyone seeking to deepen their understanding of economics and its impact on society.
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!
The Imperial College Business School conducted a study that reveals the wealth gap in the US has grown faster than in Europe, and the primary cause of this phenomenon is the significant increases in stock market prices. The research aims to explore the reasons behind the growing wealth inequality in the US and identify the necessary actions to address it.
Andrew Ross Sorkin's "Too Big to Fail" is a gripping account of the financial crisis that shook the world economy to its core. With unprecedented access to the key players involved, Sorkin takes us behind the scenes of secret meetings in South Korea, the corridors of Washington, and the corner office at Lehman Brothers. The book is a real-life thriller, revealing never-disclosed details and the decisions made on Wall Street that sowed the seeds of the debacle. This is a must-read for anyone interested in the world of finance, politics, and the fate of the global economy. Recommended for finance enthusiasts, political science students, and anyone interested in understanding the causes and consequences of the 2008 financial crisis. This book provides a moment-by-moment account of how the crisis developed into a global tsunami, with unprecedented access to the key players involved. It sheds light on the decisions made on Wall Street that led to the collapse of Lehman Brothers and the subsequent bailout of the world's biggest banks. Anyone looking to gain insights into the workings of the finance industry and the role of politics in shaping the global economy will find this book a fascinating read.
Rural areas face unique challenges in accessing support and navigating the welfare system, leading to increased poverty and vulnerability. Newcastle University's research highlights the importance of local knowledge and community organizations in addressing financial hardship in rural areas. Find out how policies can be improved to better support those living in remote and island areas.
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.
Are you interested in making a difference in your community or even the world? If so, Public Administration might just be the field of study for you! Public Administration is a fascinating and rewarding field that involves managing and leading public organizations and programs that serve the public interest. Public Administration is a diverse field that covers a wide range of topics, from budgeting and finance to policy analysis and implementation. It is a field that combines theory and practice, and it is often grounded in real-life examples of successful public programs and initiatives. For example, did you know that the New York City Department of Transportation created a program called "Citi Bike" that has revolutionized the way people get around the city? This program was designed and implemented by public administrators who had a vision for a more sustainable and accessible transportation system. If you're interested in research and innovation, Public Administration has plenty to offer. There are many well-known academic figures in this field who have made significant contributions to our understanding of public policy and administration. For example, James Q. Wilson was a renowned political scientist who wrote extensively on the role of bureaucracy in modern society, while Mary Parker Follett was a pioneering management theorist who emphasized the importance of collaboration and cooperation in organizational settings. At the undergraduate level, Public Administration majors typically take courses in areas such as public policy, budgeting and finance, and organizational behavior. There are also many opportunities for further specialization, such as in areas like environmental policy or healthcare administration. For example, if you're interested in healthcare, you might study how public hospitals are managed and how healthcare policies are developed and implemented. So what kind of jobs can you get with a degree in Public Administration? The possibilities are endless! You could work for a government agency, a non-profit organization, or even a private company that works closely with the public sector. Some popular career paths include city manager, policy analyst, or public relations specialist. And if you're interested in working for a specific organization, there are plenty of attractive potential employers to choose from, such as the United Nations, the World Health Organization, or the Environmental Protection Agency. To succeed in Public Administration, it's important to have a strong work ethic, excellent communication skills, and a passion for serving the public interest. If you're interested in making a difference in your community and beyond, then Public Administration might just be the perfect field of study for you!
In "Bad Samaritans," economist Ha-Joon Chang challenges the conventional wisdom of free-market globalization and its champions like Thomas Friedman. Using humor and historical examples, Chang argues that protectionism and government intervention are the true keys to prosperity for today's economic superpowers. He exposes the myths of free-market ideology, including the hypocrisy of patent and copyright protection, and the false assumption that centrally planned economies stifle growth. This provocative and contrarian history of global capitalism will challenge your assumptions and make you think twice about the policies we force on developing nations. Recommended for students of economics, political science, and global studies, as well as anyone interested in the history and politics of globalization and economic justice. This book will appeal to those who question the orthodoxies of free-market capitalism and want to explore alternative models of economic development. It will also be of interest to activists and policymakers concerned with the impact of globalization on developing nations and the role of government in promoting economic growth. Chang's engaging style and irreverent wit make this a thought-provoking and accessible read for anyone seeking a deeper understanding of the complex issues surrounding global capitalism.
Technology has been a driving force in shaping our world and shaping the future. With the advancement of technology, come new challenges and opportunities. One such challenge is the taxation of technology. Did you know that technology companies are among the largest tax evaders in the world? According to a study by the European Commission, the top 30 tech companies in the EU pay an effective tax rate of just 9.5%, compared to the average 23.2% for other companies. This raises questions about the fairness and sustainability of our tax systems in the digital age. Leading academics in the field, such as Gabriel Zucman and Matthew Kirshner, have proposed solutions such as a global minimum tax rate for multinational companies and a tax on digital revenues. They argue that such measures are necessary to ensure that technology companies pay their fair share and to fund public goods, such as education and infrastructure, that are essential for technological progress. But what are the potential consequences of such measures? Some experts, such as Alex Cobham, warn that a global minimum tax rate could lead to a race to the bottom, as countries compete to lower their tax rates to attract investment. Others, such as Dhammika Dharmapala, argue that a tax on digital revenues could hurt innovation and stifle competition. As young academics, it is important to explore these issues and to think critically about the role of technology and taxes in shaping our future. By exploring these themes and developing your critical thinking skills, you can become informed citizens and active participants in shaping the future of technology and taxes.
Are you fascinated by the global economy and the way businesses operate across borders? Do you dream of working with international corporations and making a difference in the world of commerce? If so, then International Business might be the perfect field of study for you! International Business is a dynamic and exciting field that explores the complexities of global trade and commerce. It involves understanding the cultural, political, and economic factors that impact international business activities, as well as the strategies and tactics that businesses use to succeed in the global marketplace. One of the most appealing aspects of studying International Business is the opportunity to learn about real-life examples of successful global business ventures. For instance, did you know that Coca-Cola is sold in over 200 countries around the world, or that IKEA has stores in over 50 countries? These companies are just a few examples of how businesses can thrive in the global marketplace. In addition to learning about successful global businesses, students of International Business have the opportunity to engage in cutting-edge research and innovation. For instance, researchers in this field are exploring the impact of emerging technologies like blockchain and artificial intelligence on global business practices, as well as the potential for sustainable business models to drive positive social and environmental change. At the undergraduate level, students of International Business typically study a range of modules that cover topics such as global marketing, international finance, and cross-cultural management. They may also have the opportunity to specialize in areas like international trade law or global supply chain management. After graduation, there are a wide range of potential career paths for students of International Business. Some may choose to work for multinational corporations like Procter & Gamble or Nestle, while others may pursue careers in international development or diplomacy. Key industries for prospective future employment include finance, consulting, and logistics, with notable employers including Deloitte, J.P. Morgan, and DHL. To succeed in this field, students should possess a range of personal attributes, skills, and subject interests. These may include a strong interest in global affairs, excellent communication and interpersonal skills, and a solid foundation in business and economics. With these qualities, students of International Business can look forward to a rewarding and fulfilling career in the dynamic and ever-changing world of global commerce.