The global economy
is moving beyond the industrial development that fueled rapid
urbanization in every nation. In Saudi Arabia Riyadh and Jeddah urban
population jumped from around 35,000 in the 1930’s to over 5 million
eachtoday. This is not exceptional and cities have literally formed in
all nations in places linked to strong industrial economic drivers. This
international trend is starting to change sometimes dramatically.
Continuous improvementsin industrial productivity with automation and
capitalization means less jobs are created and many jobs are destroyed
or displaced. There is a corresponding impact on city growth and
formation. Industrial production is also becoming more internationally
footloose leaving some city regions entirely without their traditional
economic base. These post-industrial trends are not always negative for
the eected city region in spite of the immediate joblosses as
industries shut or reduce workforces. The knowledge based
post-industrial economy can favor cities as agglomerations of the
skilled workforces and connectivity needed in the post industrial world
economy.London as by far the largest industrial city in the world in
1900 is arguably the furthest along this post-industrial trend. London
has lessons for all in adjusting to the economic changes that are now
prevalent throughout the world.
The lecture
will explore the underlying economic trends and use London as an example
of the City Planning implications of a successful transition.