Notes on urban prosperity

Cities need a newer vision of urban prosperity - one that goes beyond GDP - and addresses the pillars of sustainable development

Amit KapoorBibek Debroy

Any study on urbanisation and prosperity takes a strategic direction to approach its increasing role in overall sustainable development. Urbanisation is one of the most important global trends of the 21st century, as cities rapidly grow as a habitat for humanity.
At the same time, urbanisation is more than just a population trend. It is an expansive force that might be able to assist the world in overcoming some of its most pressing problems — climate change, sustainable development, and the global social agenda, if steered properly.
Undoubtedly, cities have become the focal point of change and growth. They have been able to create new connections between stakeholders and provide creative solutions, giving impetus to actions that affect national agendas as well as regional and global development. Yet, the likelihood of promoting long-term sustainable urban prosperity is reduced by inadequate planning, the absence of efficient governance and l
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Mar 22 2023 | 10:33 PM IST

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