What India can learn from Detroit

On July 18, the city of Detroit declared bankruptcy in the largest such filing in US history. Its population has dropped from a peak of 1.8 million in 1950 to less than 0.7 million, and its once-proud factories lie abandoned. Yet, we live in the Age of Cities. More than half the world's population is urban for the first time in human history and urban clusters account for an estimated 80 per cent of the world's gross domestic product. These proportions will rise as countries like India urbanise.

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