Are the world’s megacities too big?
Are the world’s megacities too big? / Klaus Desmet and Esteban Rossi-Hansberg , VoxEU.org, 12/03/2011
Are the world’s megacities becoming a sprawling, overfed, and uncontrollable mass that needs to be restrained for the good of society and the environment? This column suggests that policies aimed at reducing the dispersion in city sizes will hardly improve the wellbeing of the people who live there. If anything, in some developing countries, such as China, large cities may actually be too small…