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Thomas Friedman has argued in The World is Flat that those who deny rapid globalization will not survive in the global economy. First, the authors critically discuss Friedman's views and highlight the new globalization driven by outsourcing and vertical specialization. Second, they argue that Friedman pays insufficient attention to the spectacular growth of mega-cities in the developing world. The world is not flat, and the developing world certainly is not. Still, megacities tend to become too big. Their growth also goes hand in hand with formation of slums and congestion. They thus argue that there is a role for public policies.
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