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April 30th, 2008

Schwarzenegger the global citizen

I have never seen Arnold Schwarzenegger, the governor of California, in person so I took the opportunity to do so this lunchtime at the Milken Institute Global Conference. I have to say that I was impressed.

Mr Schwarzenegger was talking about his push to build infrastructure such as roads, rail links and schools in California. He has also linked up with Ed Rendell, governor of Pennsylvania, and Michael Bloomberg, mayor of New York to spread that message across the US.

I expected him to be amusing and unusual but he surprised me with his fluency in talking about the topic and his charm. Maybe it helped that he was in a room full of business people (and financiers with an interest in the subject) who were on his side.

I also liked his lack of tact. At one point, eulogising about why his state was “the greatest place in the world” he compared it to other states. “People are not dying to go to Iowa,” he said. I can only imagine the apology he will have to make for that.

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April 25th, 2008

A crowd flowed over London Bridge

I am back in London again to pick up a prize and continue my ongoing comparison of my native city with the one where I live - New York.

As always, when arriving at London Bridge station this morning, I was reminded of T. S. Eliot’s lines from The Wasteland:

A crowd flowed over London Bridge, so many,
I had not thought death had undone so many.
Sighs, short and infrequent, were exhaled,
And each man fixed his eyes before his feet.
Flowed up the hill and down King William Street,
To where Saint Mary Woolnoth kept the hours
With a dead sound on the final stroke of nine.

Eliot once worked in Lloyds Bank as a clerk. I recall that Sir Jeremy Morse, the former chairman of the bank, had tears in his eyes when he recited those lines from memory in a valedictory speech.

Anyway, this morning they were as true as ever as I pushed through the crowds to board the Jubilee Line. A sign proclaimed that the line service was good but, as Bill Clinton might have said, that depends on the meaning of the word “good”.

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March 24th, 2008

One billion people in China’s cities

Having reviewed Richard Florida’s Whose Your City the other day, I am unusually alert to stories about people flocking to cities from suburbs and the countryside.

So this FT story this morning caught my eye. It is about a McKinsey Global Institute study of urbanisation in China and includes this paragraph:

On top of the existing 103m urban migrants, Chinese cities will face an influx of another 243m migrants by 2025, taking the urban population up to nearly 1bn people. In the medium and large cities, about half the population will be migrants, which is almost three times the current level.

And I thought that Shanghai and Beijing looked crowded already.

January 21st, 2008

On my way to Davos

I am going to Davos for the World Economic Forum this week and will be blogging from there. If you see me, say hello.

January 8th, 2008

Around the world by way of 10 cities

Dubai_desert

Prompted by Jason Kottke, Steven Johnson and Richard Florida, who have all posted the list of cities they visited in 2007, I looked back to identify my own list. It is as follows:

London
Zurich
Detroit
Cancun
Fort Lauderdale
Beverly Hills
Paris
Santa Monica
Dubai
Abu Dhabi

A couple of thoughts on my list. I was far less well travelled than Mr Florida or Mr Johnson although I gave Mr Kottke a run for his money (he has the excuse of a new baby). I also neglected to go to Asia, which is quite an oversight given the new shape of the world.

But I still like my list. Small, but full of interest. The photo above, by the way, is a shot I took of sunset in the desert outside Dubai.

November 26th, 2007

Goodbye Emea, hello Mena

A final thought (for now) following my visit to the Gulf. Are we witnessing the beginning of the end of that strange and unconvincing region, Emea?

Emea stands for Europe, Middle East and Africa. It was popularised by US companies, which tended until recently to lump everything in the time zone around London and Paris together for the sake of geographical and managerial convenience.

Thus, a glance at Google discloses that AT&T, Microsoft and others still count Norway, Saudi Arabia and Zimbabwe as part of the same place.

This makes bureaucratic sense, in an Orwellian kind of way. I don’t mean totalitarianism but the fact that the world in 1984 was divided into Oceania, Eastasia and Eurania. Emea similarly allows multinational corporations to categorise the world into the Americas, Asia and that bit in between.

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November 22nd, 2007

Dubai built it and the world did come

Dubai

Column on the Financial Times comment page.

My epiphany about the Gulf state of Dubai came one night last week in the Souk Madinat Jumeirah. I was standing in the local franchise of Trader Vic’s, the Californian Hawaiian-themed bar, with a Mai Tai cocktail in hand, watching people dance to a salsa band.

I was with a bunch of visitors and locals, some of them consultants at McKinsey & Co, which has a large office in Dubai, as have many European and US banks and legal firms. One of the group was from Spain, another from Venezuela and a third from South Africa. Rounding it out were Americans whose parents were variously born in Jordan, Pakistan and Taiwan.

It felt as if I had died and gone to expatriate heaven.

Continue reading here. Post comments below.

November 14th, 2007

To Dubai with astonishment

I am in Dubai this week to attend two conferences. This week is McKinsey’s annual strategy conference and next week is the FT/DIFC conference on world financial centres.

I have not been to Dubai before so I have the usual reactions of visitors to the place. It is an extraordinary accomplishment, but also a bizarre one. The rash of skyscrapers and beach hotels, including the sail-shaped Burj Al Arab, where I had dinner tonight, is an astonishing sight.

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October 26th, 2007

Cities of light and economic power

Richard Florida picks up my mention of the growing role of city-states in the global economy on his blog. He mentions an interesting study that suggests that 40 mega-regions with output of more than $100bn produce more than 66 per cent of world output.

Almost as interesting is that the study identifies economically powerful regions by night-time light emissions seen on satellite photographs. It is always fascinating to look at such photographs and see, for example, the dispiriting lack of night-time light across vast swathes of Africa.


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