Globalization has meant urbanization, and by 2050, 70 percent of the world’s population will be living in cities. What should we do to survive and thrive in this brave new world? In just half a century, the island nation city-state of Singapore has transformed itself from a fishing village to a global financial centre, hailed as a bastion of urban livability, environmental sustainability and economic efficiency. In 2012, it ranked first in the World Bank’s Ease of Doing Business Report, fifth in Transparency International’s index of least corrupt nations and number three in INSEAD’s Global Innovation Index. But the city’s defiance of conventional wisdom that growth is accompanied by deterioration in the environment extends past the economic justification. As its population has grown, so has its green cover. Contrary to popular belief, the physical environment has been the unsung hero of economic sustainability, according to new research at INSEAD, which opened its Asia campus in Singapore in 2000. knowledge.insead.edu/economics-politics/cities-of-the-future-2484
Posted on: Mon, 29 Jul 2013 00:57:46 +0000
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