The economy of cities

SOURCE: 2011 State of the Cities Report: towards resilient cities
OUTPUT TYPE: Chapter in Monograph
PUBLICATION YEAR: 2011
TITLE AUTHOR(S): I.Turok
SOURCE AUTHOR(S): S.Mbanga, I.Turok, R.Hunter, B.Robinson, M.Swilling, P.Van Rynelveld
KEYWORDS: CITIES, INFRASTRUCTURE DELIVERY, POST APARTHEID SOUTH AFRICA, URBAN RENEWAL AND DEVELOPMENT (URD)
Print: HSRC Library: shelf number 6175

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Abstract

The chapter examines the extent and nature of economic changes since the creation of metropolitan government a decade ago. After examining the economic outcomes based on output, exports, imports, productivity and employment, the underlying drivers that influence these outcomes, namely innovation, skills, investment, specialisation and connectivity are discussed. The chapter assesses whether South African city economies have outperformed the rest of the country, and whether growth has helped to absorb unemployment. It also considers whether cities have been more or less resilient than other places to the recent recession.