Big Cities After COVID: Boom or Bust?
What will the cities of the future look like? Before the COVID-19 pandemic, the answer to that question was clearer: Urban areas around the world were on a trajectory of exponential growth, with 68% of the world's population expected to live in cities by 2050.
It's unlikely the pandemic can dramatically alter that unstoppable trend, particularly in developing nations. But it will no doubt be impacted by the economic and lifestyle changes this global crisis has brought, from New York to London to Tokyo and beyond.
In this episode we examine the short and longer-term implications of a shift toward urbanization, how the pandemic will alter city life, and what it all means for the global economy, geopolitics, and your wallet.
Moderated by Caitlin Dean, Head of the Financial and Professional Services Practice at Eurasia Group, the conversation pairs Citi Private Bank's Head of North America, Ida Liu, with Senior Editor Alexander Kliment of GZERO Media's Signal newsletter.