Mid-size cities growing faster than megacities
By 2025, the emerging-market cities of this City 600 will be home to an estimated 235 million households earning more than $20,000 a year -- markedly morethan the just over 210 million such households expected in the cities of developed regions. In other words, there will be more higher middle income households in emerging-market cities than in developed-world ones.
Foreign Policy highlights a McKinsey Global Institute report on how the economic and population growth of mid-size cities will outperform that of megacities through 2025.
