Last Updated Jun 17, 2008 5:00 PM EDT
Your City?: How the Creative Economy Is Making Where to Live the Most Important
Decision of Your Life" by href="http://creativeclass.com/whos_your_city/">Richard Florida.
Cities have always been the natural economic units of the
world. But in the past several decades, what we once thought of as separate
cities — with central cores surrounded by rural villages, or later by
suburbs — have grown into "megaregions" composed of two or more
cities, like the Boston-New York-Washington corridor. Megaregions are
more than just bigger versions of a city. As a city is composed of separate
neighborhoods, and as a metropolitan region is made up of a central city and
its suburbs, a megaregion represents the new, natural economic unit that
emerges as cities (and their suburbs and exurbs) not only grow upward and become more dense, they grow
outward and into one another.
Today, megaregions range in size from 10 to 50 million
people — and in some cases, in the developing world, even more. They
produce hundreds of billions — and sometimes trillions — of
dollars in economic output. They harness human creativity on a massive scale,
and they are the source of the lion’s share of the world’s
scientific achievement and technological innovations.
The megaregions of today perform functions that are somewhat
similar to those of the great cities of the past — massing together
talent, productivity, innovation, and markets. But they do so on a far
larger scale. Furthermore, while cities in the past were part of national
systems, globalization has exposed them to worldwide competition. As the
distribution of economic activity has gone global, the city-system has also
become global — meaning that cities compete now on a global terrain.
This means that bigger and more competitive economic units —
megaregions — are required to survive and prosper.
Population is not tantamount to economic growth. Unlike
megacities, which are termed as such simply for the size of their populations,
megaregions are by definition places with large markets, significant economic
capacity, substantial innovation, and highly skilled talent, as well
as large overall populations.
A megaregion must meet three key criteria. First, it must be
a contiguous, lighted area with more than one major city center. Second, it
must have a population of 5 million or more. Finally, it must produce more than
$100 billion in goods and services. By that definition, there are some 40
megaregions in the world. If we take the largest megas in terms of population:
- The 10 biggest are home to 666 million people, or 10 percent
of world population.
- The top 20 comprise 1.1 billion people, 17 percent of the
- The top 40 are home to 1.5 billion people, 23 percent of