The Evolution of Great World Cities: Urban Wealth and Economic Growth
Some cities seem destined to become major financial capitals, yet never do—Seville, for instance, was the centre of Spain's opulent New World Empire, but failed to become a financial metropolis. Others, like former colonial backwater Hong Kong, defy the odds by growing into major trading centres. What are the key factors distinguishing those cities that become wealthy from those that don't? Christopher Kennedy illuminates how geography, technology, and especially the infrastructure of urban economies allow cities to develop and thrive.