ECON 112 Lecture Notes - Lecture 19: 1, Industrial Revolution, George Ayittey

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1950: less than 3 bil people in the world. Projected to rise to 9bil by 2050. Population growth relatively flat from ad 1 until 1700 (industrial revolution) Nearly of world"s population is in asia and in africa. Population growth in asia and africa is concentrated in urban areas. In 2009, more people lived in urban areas (3. 42 bil) than in rural areas (3. 41bil) Global urban majority now continues to widen every year. As a pattern of development, the more developed the economy, the more urbanized. But many argue developing countries are often excessively urbanized or too rapidly urbanizing. This combination suggests the migration and urbanization dilemma. Urbanization (in africa) not as strongly associated with industrialization as in the past. Larger absolute numbers than in the past. Very large cities at low levels of per capita income. In 2011: 23 mega cities, but only 5 in high income countries.

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