TOWARD A “G-ZERO” ORDER ACROSS A MORE INTERCONNECTED WORLD?


The rise of global cities. Nonetheless, there is another important phenomenon which is more and more thoroughly questioning the supremacy of the post-world war II international order and challenging nowadays' geopolitical and economic balance.

The rise of global cities. Nonetheless, there is another important phenomenon which is more and more thoroughly questioning the supremacy of the post-world war II international order and challenging nowadays’ geopolitical and economic balance.

Indeed, together with the emergence and affirmation of new markets and regional powers, new international actors are making their way in the global balance, becoming important political and economic decision-making poles with the capacity of contributing consistently to the world’s GDP and gaining an increasing weight in the global economy. These are nowadays’ global cities which are a direct consequence of the ongoing “urbanization of the world”, a phenomenon which, especially with reference to emerging markets, is taking place at a very high pace – as they are not only the ones witnessing “positive” demographic challenges (in terms of increasing population, compared to the “Western” part of the world), but also (and as a consequence) a continuous expansion of the urban population of their cities, thus producing new wave of consumers with spending power and with subsequent implications for these global cities in terms of the necessary investments to make to meet the increasing demand of these urban consumer classes.

Some numbers (according to a recent Mc Kinsey Global Institute study ):

(1) from 2010 to 2025, the GDP of the “City 600” (the top 600 cities by their contributino to global GDP growth 2010-2015) will rise by over $30 trillion or nearly 65% of global growth;

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