Economics

Document Type

Article

Abstract

To a great extent, economic development is urban development. As economies grow, people and firms cluster in cities to take advantage of agglomeration economies, better infrastructure, access to markets and labor, and consumption amenities. Urbanization not only drives productivity gains and enhances consumer welfare but also introduces challenges such as housing affordability, traffic congestion, pollution, and inequality. Understanding these dynamics is essential for promoting efficiency and sustainable development. The evolution of cities is therefore not only a reflection of economic progress but also a key driver of it.

Publication Title

International Studies of Economics

Publication Date

7-2025

Volume

20

Issue

2

First Page

136

Last Page

137

ISSN

2831-3224

DOI

10.1002/ise3.70014

Keywords

urban development, cities, economic development

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Included in

Economics Commons

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