Today’s urban population of about 3.5 billion people is projected to reach 5 billion by 2030, with two-thirds of the global population living in cities. City leaders must move quickly to plan for growth and provide the basic services, infrastructure, and affordable housing their expanding populations need.
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Africa's urban population is expected to grow by 450 million between 2010 and 2040. On the occasion of the 2015 World Bank-IMF Spring Meetings, a high-level panel explored how cities throughout the region can take advantage of this rapid urbanization to foster growth and attract investments.Read More »
The World Bank's chief economist for the East Asia and Pacific region writes, "The overwhelming majority of China's poor live in rural areas, but the key to getting them out of poverty lies in China's cities."Read More »