Globalization and the Rise of Megacities in the Developing World

Thomas Friedman has argued in The World is Flat that those who deny rapid globalizationwill not survive in the global economy. In this paper the authors critically discuss Friedman’s views and highlight the new globalization driven by outsourcing and vertical specialization. Second, they argue that Friedman pays insufficient attention to the spectacular growth of mega-cities in the developing world.

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