Economic growth is an imperative if the widely discussed goal of development has to be achieved by India. There are a number of well-known causative factors that lead to economic growth. Among them are an educated and healthy population, reliable and adequate infrastructure, a free and fair market-driven economy, and the availability of public goods such as law and order, political freedom, efficient governance, etc. These causative factors have complex interdependencies and have to be present–simultaneous in time and co-located in space—for economic growth, and consequently, development. Even after a fairly superficial analysis it becomes apparent that these factors of economic growth can be most efficiently provided in – and are usually associated with – cities.
Continue reading “The Urbanization Leap”
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Life is a Random Draw 