Financing Designer Cities

“If you believe that the money exists for building amazing futuristic cities in India, you must be certifiably insane.” That is the standard reaction to my scheme for building 600 cities for the 700 million Indians currently trapped in 600,000 villages. Where will the money come from? My answer is simple: out of thin air. That’s when they suddenly remember that they have an urgent appointment with their hair dresser or chiropractor.
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The Best Laid Schemes

Planning is uniquely human. Planning shapes not just human institutions and artifacts but indeed creates the future that is unknown and unknowable. Granted, the best laid schemes of mice and men, often go awry, as the poet lamented. When it comes to central planning, or planning by an all-powerful government bureaucracy, you can say that those schemes are guaranteed to go awry. Continue reading “The Best Laid Schemes”

Designer Cities

Creating a compelling vision which has the power to inspire is the first step to economic growth and therefore towards development. We have to imagine the future state first before we can make it a reality. Imagine that instead of 600,000 tiny villages, the same 700 million people were living and working in cities. Imagine that we had 600 cities with around a million people each on average. Let’s call these “Designer Cities” or DeCi (pronounced “desi.”)
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Ancient Cities, Modern Slums

Isn’t it astonishing that around 2,600 BCE, when most of the world was living in tiny little human settlements, the Indus Valley civilization had well-planned cities of Harappa and Mohenjodaro?

“Some of these cities appear to have been built based on a well-developed plan. The streets of major cities such as Mohenjo-daro and Harappa were paved and were laid out at right angles (and aligned north, south, east or west) in a grid pattern with a hierarchy of streets (commercial boulevards to small residential alleyways), somewhat comparable to that of present day New York. The houses were protected from noise, odors, and thieves, and had their own wells, and sanitation. And the cities had drainage, large granaries, water tanks, and well-developed urban sanitation,” the Wikipedia article on urban planning says.
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RISC Presentation at ISB

Here is the slide set I used at ISB on the 9th of March. The background reading material starts off with “Inclusive Economic Growth.”

https://s3.amazonaws.com:443/slideshare/ssplayer.swf?id=29302&doc=risc-presentation-at-isb-8961

Cities as Complex Adaptive Systems

Two fish were swimming along a stream when they come upon a third fish which remarks, “The water is absolutely fine today.” The two carry on without a reply. Later upstream one of them says to the other, “What the heck is water?”

Talking fish is not the point of the little story, of course. I find it remarkable that we often miss what we take for granted, and don’t question what we are perpetually immersed in. What explains the unreasonable success of cities is not something that we ponder casually, even though virtually every one of us lives and earns one’s livelihood in one.
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The Urbanization Leap

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.
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India–the Land of Endless Opportunities

Where there be challenges, there be opportunities. That is a mantra well-known to every entrepreneur. That immediately implies that India is truly the Land of Unlimited Opportunities. The challenges have been created by a persistent attachment to a certain way of thinking and doing. As Einstein astutely noted, the significant problems we face cannot be solved at the same level of thinking we were at when we created them. Translating the challenges into opportunities requires a different way of thinking.
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Inclusive Growth Discussion

Where is India today? How did it get here? Where should India be going? And how should it get there? These are the big questions that I try to grapple with. And that is how I began my presentation.

Indian School of Business ISB at night [source]

Recently I was on a panel discussion titled “Business Strategies for Inclusive Economic Growth” held during the semi-final round of the Global Social Venture Competition at the Indian School of Business in Hyderabad on the 9th and 10th of March. The panel–moderated by my friend Dr Reuben Abraham–included Mr Varun Sahni of Acumen Fund, Mr K Krishan of Malavalli Power Plant Pvt Ltd, and Arjun Uppal of the IFMR Trust.
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The Better, Faster Way to Help Rural India

India has been singularly unlucky in the sense that its movers and shakers don’t seem to get what it takes for the economy to prosper. Therefore it comes as a terribly pleasant surprise when one comes across a M&S who apparently gets it. Not only does the man get it, he gets it in spades and how.

Mukesh Ambani apparently gets it.
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