Segments in this Video

Dilemma of Poverty (02:53)


Cities in the developing world are home to some of the poorest and richest people on the planet. Should governments allow cities to grow, directing most investment there, or should they spend money in their regions and rural areas?

Global Economy (02:16)

Cities have grown on the back of ever-expanding world trade. The global economy knits people together and promises to end world poverty. What are the relationships among geography, poverty, and prosperity?

Cities: Opportunities and Devastation (03:21)

People move from the countryside to get better jobs and better opportunities. In Brazil, they head towards Rio de Janeiro where many end up in slums ruled by drug lords or paramilitary police.

Prosperity and Slums (01:48)

Can slums ever be a blessing in disguise? The growth of cities is generally a good thing according to economists, yet the growth of slums is inevitable. Free Trade has not delivered on all its promises.

Lessons of History: Chinese Isolation (02:17)

In the 15th century, the Chinese fleet sailed as far as Africa and Arabia. After that China isolated itself for 500 years. The lesson of history is that market forces, free trade, and the free movement of people to cities are keys to development.

Failure of Soviet Style Communism (02:15)

Lenin's revolution is an example of a nation deciding to reject concepts of international development. A centrally planned economy is bad idea, but markets alone drive an economy into wreckage. A regulated market is ideal.

Consequences of Rapid Growth (03:10)

In 2008, after two decades of breakneck growth, the commodity markets and then world financial markets went haywire. An economist argues that rapid growth causes inequality that will prove to be worth the pain.

India's Growing Cities (03:17)

India, the world's second fastest emerging economy is the tale of two cities: Mumbai and New Delhi. The mass movement of people is like an unstoppable force of nature. India welcomes people to cities though half end up in slums.

Hope in the Slums (04:24)

In Rio de Janiero's vast slums, people are building houses. Extended families work and save for years to build a house, the means to happiness in the slums. Policymakers must take into account the needs of the people living in slums.

Inequality of Growing Cities (02:40)

Economists from the World Bank believe cities should be allowed to expand because this is where growth and prosperity are generated. But what do governments do about the people, towns, and regions that get left behind?

Spread of Wealth (02:50)

Outside of Istanbul, small family businesses struggle make ends meet. Despite that, many families have no desire to go to Istanbul. Reliable links between prosperous cities and outlying towns help spread the wealth of regions.

Senegal: Global Markets vs. Local Producers (01:33)

The continent of Africa is the world's most lagging region. In Africa, political and economic weaknesses go hand in hand. Thus, large fishing vessels ply the waters off Senegal's coast, taking all opportunity away from the people of Senegal.

Sub-Saharan Africa (03:45)

Nowhere are the problems of development more acute than in Sub-Saharan Africa. The legacy of colonialism is a tragic distortion of human, vertical, and economic geography. Millions of Africans are cut off from growth and prosperity.

China's Growing Economy (03:29)

China's Guangzhou harbor is able to handle the biggest cargo ships in the world. China's prosperity owes much to the late Deng Xiaoping's commitment to economic reform. His economic zones are the key to China's success.

economic Growth and Personal Sacrifice (04:31)

Nearly all of 1,000 workers in a handbag manufacturing plant moved from the countryside to the city. Many have had to leave their children behind in home villages. Market forces are powerful engines of economic growth.

Credits: Slums and Money: A Socioeconomic Analysis (00:24)

Credits: Slums and Money: A Socioeconomic Analysis

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Patterns of urbanization and poverty are playing an increasingly heavy role in the debate over globalization and market regulation. In a hard-hitting analysis of the issues, this program assembles a wide-ranging set of opinions from scholars and experts—as well as from ordinary individuals around the world who face urban hardships and obstacles to their livelihoods every day. Commentators include economists Jeffrey Sachs and 2008 Nobel laureate Paul Krugman; Professor Sakika Fukuda Parr, former editor of the UN Development Program’s Human Development Report; and World Bank President Robert Zoellick. City residents, favela dwellers, and itinerant merchants in India, Turkey, Nigeria, Brazil, and China have their say. (45 minutes)

Length: 45 minutes

Item#: BVL40604

ISBN: 978-1-61616-138-5

Copyright date: ©2009

Closed Captioned

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