This phenomenon, which the World Bank calls localization, will take simple forms such as cities taking more control over building infrastructure or providing local services. Things could get more complicated as cities and provinces demand even more control over their destinies. Driving this localization will be the rapid urbanization of the developing world. Economic development and urbanization go hand in hand, the World Bank says, and Asia's cities will explode in size over the next few years. Making cities livable will move to the top of the development agenda because rotten cities will have a tough time competing for the investment and other opportunities that globalization will provide.
Globalization is a misused word and a misunderstood concept.
But like modern art or pornography, even if we have a hard time defining what globalization is, we know it when we see it. These two books help us see globalization by painting a picture of the future that seems all too plausible. Review Publishing Company Limited, Hong Kong. All rights reserved. Search Tips Prev.