Chapter 8 Quick facts

  1. Megacities and metropolitan regions have benefited more from globalization than secondary cities.
  2. Inadequate urban infrastructure and services hamper economic growth and activities that depend on the optimal allocation of resources.
  3. The benefits of agglomeration tend to outweigh the drawbacks, providing the resources needed for proper
    management of any diseconomies.
  4. Formal employment has not grown in tandem with the rapid urbanization of cities, thus exacerbating urban social and economic inequality.