Mega-urban Regions and World City Formation: Globalisation,the Economic Crisis and Urban Policy Issues in Pacific Asia

Abstract

In Pacific Asia, the globalisation of trade, production and finance underlies an accelerated urban transition focusing on a limited number of mega-urban regions. Intercity competition for world city status among these regions has intensified following the 1997 economic crisis. With governments compelled to devote greater amounts of public resources to creating a built environment to host global investment, a number of key policy issues are emerging. These include demands for inclusive governance and more livable cities; the appearance of new forms of urban poverty; low economic resilience in the face of growing global economic turbulence and the spatial unevenness of global economic growth. With the rise of civil society as a political force, addressing these issues calls for a sharper focus on cities not simply as economic agglomerations or collectivities of consumers in the world market, but also as arenas for the formation of political communities.