April 12, 2008


Mega Regions Rule

"When people talk about economic competitiveness, the focus tends to be on nation states, but this focus is off the mark. The real driving force of the world economy is a new and incredibly powerful economic unit: the mega-region.

While there are 191 nations in the world, just 40 significant mega-regions power the global economy. Home to more than one-fifth of the world's population, these 40 megas account for two-thirds of global economic output and more than 85% of all global innovation.

The world's largest mega is Greater Tokyo, with 55 million people and $2.5 trillion in economic activity. Next is the 500-mile Boston-Washington corridor, with some 54 million people and $2.2 trillion in output. Also in the top 10 are mega-regions that run from Chicago to Pittsburgh, Atlanta to Charlotte, Miami to Tampa, and L.A. to San Diego. Outside of the U.S., you can find megas around Amsterdam, London, Osaka and Nagoya, Milan, Rome and Turin, and Frankfurt and Stuttgart."

All this is certainly not new, but still: interesting findings from Richard Florida.

America 2050 is here.

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