Tokyo is the undisputed champion of mega-cities. With a population of 37.8 million, it dwarfs second-place Delhi. The Japanese capital has such a big lead in population that even though it’s expected to lose about half a million people over the next 16 years, it will still be the world’s biggest metropolis in 2030, according to a new report by the United Nations:
Here is a list of the Top 10 "mega-cities" by population in 2014 and projected in 2030.
Some of the mega-cities on the 2014 list aren't projected to rank as high in 2030 ... For example, New York, Osaka, and Sao Paulo will no longer make the top 10, and Mexico City will barely hang on as the sole representative outside of Asia and Africa.
This projection reflects the major shift driven by the urbanization in Asia and Africa, particularly in India (404 million projected new city dwellers by 2030), China (292 million), and Nigeria (212 million).
Why is the balance shifting so radically? Mostly because the rest of the world is already highly urbanized, while Africa and Asia are home to nearly 90% of the world’s remaining rural population.
What Is $100 Actually Worth In Your State?
Money goes further in some states than others. Here is one way demonstration.
The Tax Foundation released a map showing the relative value of $100 in every state (compared with the national average using the data from the Bureau of Economic Analysis).
The same amount of dollars are worth almost 40 percent more in Mississippi than in D.C., and the differences become even larger if metro area prices are considered instead of statewide averages," writes the Tax Foundation. "A person who makes $40,000 a year after tax in Kentucky would need to have after-tax earnings of $53,000 in Washington, D.C., just in order to have an equal standard of living, let alone feel richer.
Here's the map:
Tax Foundation
The states with the smallest relative value of $100 were:
While the states with the largest relative value of $100 were:
Posted at 12:42 AM in Business, Current Affairs, Market Commentary, Travel | Permalink | Comments (0) | TrackBack (0)
Reblog (0)