Economic competitiveness and growth
Large metropolitan areas combine a multiplicity of functions. The agglomeration effect is the driver of economic activities and of knowledge economies in the first place. How to develop a metropolitan ecosystem, where creative firms and new products and services generate growth and employment?
The AEMC-network position
AEMC insists on the central role of metropolitan areas in the economic development.
- Strong attractiveness, growth stimuli
- Key role on health and business competitiveness, quality services, international research centers, creative industries and education
- Magnets of investments and profits, but links need to be developed with medium-sized towns, cities and conurbations
At the same time, cities magnify some of the key challenges that economies face, from congestion and inequalities, to their capacity to spread growth to less prosperous areas
- Exposed to risks linked to urban congestion, maintenance of sustainable spending, sustainable tourism, energy supply, price and quality of property, social insertion and security, free movement of people. Those risks if not addressed can slow down or stop prosperity and business development and be the sources of discrimination, high unemployment or high concentration of low-qualified people.
World bank : Urban development group
OECD Urban development
World economic forum : Future of Urban development and services