Main Factors Affecting The Growth Of The Developing World

Assess the significance of three factors which might limit economic development in the developing countries.

The consequences of population growth on economic development have attracted the attention of economists ever since Adam smith wrote his Wealth of nations. It was only Malthus and Ricardo who created an alarm about the effect of population growth on the economy.

Growth costs more money in taxes and costs more for government services. Growth puts more stain on the majority of the population in health and quality of life, such as increase pollution, traffic, and strain on public works, while distributing the benefits to a small segment of the community. Jobs are not created by growth, but are simply redistributed from and among other localities. Additionally, the fastest growing metropolitan areas have the most unemployment. This happens since labor is extracted from a national labor pool, and growing localities attract the unemployed who are seeking work from other localities. For labor, It is more beneficial for workers to be part of a national movement to promote full-employment, rather than support the local growth machine. Some areas that are not overpopulated have clean environments, sustainable infrastructure, and aesthetic landscapes Yet, successful competition by urban localities only help to promote depopulation, ghost towns, and depletion--or extraction--of resources in and from localities. Molotch highlights that depopulation of an area, thus declining growth, is due to political decisions in other localities to promote

Assess the significance of three factors which might limit economic development in the developing countries.

In the eighteenth and nineteenth century urban populations grew rapidly through migration from rural areas to find new jobs in the cities created by the industrial revolution, which led to 6,5 million inhabitants in London. In the twentieth century cities kept growing and in the 1950’s around thirty percent of world’s population was urban. The first mega city in the world emerged, as New York City broke the boundary of ten million inhabitants around 1930 (Wendell Cox Consultancy, 2005). In 1990 there were ten megacities that were home to 153 million people which is less than seven percent of the global urban population. In 2014 the amount of megacities has almost tripled to 28 with a population of 453 million people, which account for twelve percent of the global urban population. The total urban population in 2014 was 54 percent (UN, 2014). These numbers can be related to the second important event,

At first glance, it can seem completely positive that so many cities are growing rapidly. Perhaps if other cities could match the population of metropolises like Tokyo, New York, Los Angeles, Osaka or London then perhaps they could mimic their economic success. However, upon further review, there is no correlation between population and gross-domestic-product (GDP). Of the top ten cities in population, only four are also top ten cities in terms of GDP. In fact, rounding out the top ten cities by GDP are the cities San Fransisco and Boston - which are only ranked 35th and 48th in terms of the population respectively. (chart on page 13).

The level of urbanization in the world as a whole was about 46.6 percent in 2000, 50.6 percent in 2010 and it is supposed to reach 57.2 percent in 2025. The corresponding figures for African countries are 36.0 percent, 40.0 percent, and 47.2 percent respectively. Ethiopia was 14.9 percent urban in 2000 and 16.7 percent in 2010 and it is projected to be 21.3 percent urban by 2025. However, urbanization is occurring rapidly in Ethiopia, and it is expected that urban growth rate will remain the fastest with some decline in Ethiopia than in other African countries on average (UN World Urbanization Prospects, 2011).

Cities, being the nodes of opportunities and growth, are urbanizing the world at a faster pace than ever. The cities have to respond to this uneven change with immediate priority. The fundamental criteria that differentiates a city from a village is its population density. Urban density can play a key role in the improvement of socio-cultural as well as environmental aspects.

workforce over the next few years due to a fall in the birth rate in

Globalization is among the top most contested topics in the globe. It, however, lacks a universal definition. Nevertheless, Ismail (2010) describes globalization as a set of divergent processes and social, cultural, and economic shifts that are experienced in cities across the globe. Ismail (2010) also asserts that the most significant economic trend, which is associated with the modern-day wave of globalization, is the immense economic restructuring in cities. She points out that this new structure in the economic activities is linked to a new spatial order. It results in a new urban hierarchy merely founded on networks and connectivity. The current economic trend and the global economic changes are the basis for spatial and social

From the start of urbanization the belief in many nations all throughout history has been that cities are where the prosperity of the nation is held. But is this really a valid argument or does that simply referring to a select few? The urban population has grown rapidly since 1950 form 746 million to 3.9 billion people as of 2014. Many of these number exist in North America with 82% of the population living in cities, Europe with 73%, and Latin America with 80%. Asia and Africa on the other hand are far behind having only 40 – 48% of population living in urban areas. It is said by the World Bank that “Africa is witnessing an unprecedented projected population growth of more than 40,000 new urban inhabitants per day between now and 2040” (Voice of America). Although for some countries population growth as large as this can be a good thing but in regards to many developing countries that have cities with a lack of a strong infrastructure, a weak economic hold, lack of a sustainable government, and a poor quality of life, the population influx could cause a major issue in the progress of development and therefore make urbanization a highly negative thing if these issues are not properly addressed.

This report will critically discuss three key elements in relation to urbanisation: political economy, economic growth in urban areas and urban sociology. With this discussion, I will argue that the shift in urban areas from centralization and neoliberal globalisation had effected society in different parts of the world differently. Since this essay is only looking at three main aspects, this is not a complete discussion of the matter, but it is intended to provide an insight in the main aspects of economic development in urban areas.

What is art? What does it mean to be a part of the art? Every September Grand Rapids hosts Art Prize which is the largest art competition in the world. What does that mean? The city turns into a rainbow of color, and a sea of people. Artists, spectators, and critics alike gather to embrace the two week experience. Art Prize was launched by Rick Davos, to ignite conversation in Grand Rapids. A conservative Christian city dominated by Republic views, private art, subversive racism, and homelessness. Spectators love it, artist loath it, and critics run the gamut, but little information has been published outside of the organization. Since Art Prize started in 2008 and has grown substantially.

Urbanisation is a global problem with various impacts in different fields. “Urbanisation is the transformation of society from rural life to life in towns and cities” McDonald and McMillen (2010, p.8). The United Nations published, that in 1950 there was 2.54 billion of the population which equivalent to 29.1% of the world population was living in cities, but this percentage increased to 48.6% that means 6.5 billion of the world’s population in 2005. This indicates that the number of urban people had doubled about four times from 739 million in 1950 to 3.16 billion in 2005. It is expected to

Urbanization is an increasing number of city dwellers compared to people living in rural areas. Urban development in poor nations has resulted in multiple issues such as air pollution and health problems. Urban growth puts an enormous strain on social services. This essay will explain how rapid, uncontrolled urbanization has led to serious consequences in developing countries.