Challenging Talent: Cities and the Cycle of Rising Disparities

Roberta Comunian (), Lauren England (), Alessandra Faggian and Charlotta Mellander
Additional contact information
Roberta Comunian: King’s College London
Lauren England: King’s College London

Chapter Chapter 4 in The Economics of Talent, 2021, pp 41-56 from Springer

Abstract: Abstract This chapter examines some of the challenges that the age of talent presents for individuals, firms and cities. It highlights the costs of developing the “superstar” cities, discusses gaps between the “haves” and the “have nots” and addresses how big cities exacerbate income inequalities and segregation based on race and class. Throughout the chapter, we acknowledge the cyclical nature of these disparities and how they have been exacerbated by periods of crisis including the global financial crisis and the recent Covid-19 pandemic. The discussion then turns to drivers of gentrification and the influence of rising housing costs but also the cultural tastes of aggressively entrepreneurial newcomers that flock to big cities. The challenges that re-urbanisation presents to both the suburbs and rural areas are then discussed. The chapter concludes with reflection on the need to address rising socio-economic and spatial inequalities in cities and beyond that have emerged through mass urbanisation and the age of talent in the pursuit of economic growth.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sbrchp:978-3-319-95124-9_4

Ordering information: This item can be ordered from
http://www.springer.com/9783319951249

DOI: 10.1007/978-3-319-95124-9_4

Access Statistics for this chapter

More chapters in SpringerBriefs in Regional Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().