Monday, July 16, 2012

Where the Next Wave of Urban Growth Will Come From - Richard Dobbs and Jaana Remes - Harvard Business Review

Where the Next Wave of Urban Growth Will Come From - Richard Dobbs and Jaana Remes - Harvard Business Review: "You are an executive responsible for unearthing the next new market opportunity for your company and — like your competitors — you're looking at maps of rapidly-growing economies in the emerging world. How would you react to the names Surat, Foshan, and Porto Alegre? With a mystified stare, perhaps? Yet, these three cities each have a population of four million people. Surat is in western India and accounts for about two-fifths of India's textile production. Foshan is China's seventh-largest city in terms of GDP. Porto Alegre is the capital of Rio Grande do Sul, the fourth-largest state in Brazil."

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