Cities : Engines of Growth and Prosperity for Developing Countries?
This paper reviews the evidence about the effects of urbanization and cities on productivity and economic growth in developing countries using a consistent theoretical framework. Just like in developed economies, there is strong evidence that citie...
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/921651468149669044/Cities-engines-of-growth-and-prosperity-for-developing-countries http://hdl.handle.net/10986/28044 |
Summary: | This paper reviews the evidence about
the effects of urbanization and cities on productivity and
economic growth in developing countries using a consistent
theoretical framework. Just like in developed economies,
there is strong evidence that cities in developing countries
bolster productive efficiency. Regarding whether cities
promote self-sustained growth, the evidence is suggestive
but ultimately inconclusive. These findings imply that the
traditional agenda of aiming to raise within-city efficiency
should be continued. Furthermore, reducing the obstacles to
the reallocation of factors across cities is also desirable. |
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