Much has been said about the impact of rapid urbanization, particularly in Asia, where urban growth has exploded in recent years. The United Nations (UN), in fact, estimates that Asia’s urban population will reach more than 2 billion by 2020. The population increase and growing dynamism have largely been beneficial, as Asian cities became the main drivers of economic growth, and contributed to economic resilience despite the recent global financial crisis. Despite urbanization’s positive impact role on economic growth, however, it also brought challenges which Asian cities need to recognize and address. Read More
