7min chapter

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The Intelligence: The fallen crypto king learns his fate

Economist Podcasts

CHAPTER

Urban Development: New Cities vs. Existing Infrastructure

This chapter critiques the global trend of industrial policy and its manifestation in mega-projects like Neom and El Salvador's cryptocurrency city, while also valuing pragmatic developments such as Tatu City in Kenya. It emphasizes the importance of infrastructure planning in creating sustainable urban spaces and compares the prospects of building new cities against improving existing urban environments.

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