Tuesday, October 22, 2013

Decline of the West

Here is a thought-provoking article in Der Spiegel:

What will be the world's most important cities in the future? To answer this question, the US-based journal Foreign Policy and the McKinsey Global Institute examined criteria such as economic growth and receptiveness to technology. The result? Shanghai edged out Beijing and Tianjin, followed by the first non-Chinese mega-city, São Paulo in Brazil. No Western European city ranks among the top ten "most dynamic cities." Berlin, Frankfurt and Munich don't even appear among the top 50, but other cities in China, India and Brazil do. If we are to believe the study's conclusions, humankind will be speaking Mandarin, Hindi and Portuguese in its urban centers in 2025. "We are witnessing the biggest economic transformation the world has ever seen," the experts say.


You can read the rest @

http://www.spiegel.de/international/world/essay-on-challenges-faced-by-emerging-economies-a-928113.html

Mandarin, Hindi, and Portuguese? I guess I need to download some language apps.

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