Newgeography.com - Economic, demographic, and political commentary about places

We all know or have heard about the overwhelming development going on in China. Journalists enthuse and analysts throw magnificent statistics of what seems to be a miracle. Yet there is little discussion of the daily life of the common people, and their struggle. There are miracles aplenty in China, but the astounding figures only partially reflect the reality.  read more »

A trade deficit is a negative balance between a nation’s imports and its exports, so a country with a trade deficit is spending more on imports than it is receiving for selling its exports. Is there any more that can be done to reduce this deficit over the course of time? One potential solution the US trade deficit would be to increase the attractiveness of its higher education institutions to international students, and to therefore increase the amount of money coming into the country. Money from abroad that is spent in the US, such as on tourism, or in this case, on education, is considered an export.  read more »

Less than a decade ago, major American energy companies were investing billions in constructing new terminals for importing liquefied natural gas — the cooled, dense state of methane that makes it economical for it to be transported by ship. Today, some of those same companies are contemplating spending billions to retrofit those facilities in order to export LNG.  read more »

Ideas matter, particularly when colored by religious fanaticism, wreaking havoc even in the most favored of places. Take, for instance, Iran, a country blessed with a rich heritage and enormous physical and human resources, but which, thanks to its theocratic regime, is largely an economic basket case and rogue state.  read more »

We are supposedly living in an age of austerity, but many federal programs are leading many states into overspending and potential fiscal insolvency.  Transit spending is a case in point, as is indicated by the proposed Orlando Sunrail commuter rail project.  read more »

The UN has decided to announce that on October 31, 2011 the Earth’s human population will pass the seven billion mark, up from the six billion that was designated on December 5, 1998. The United Nations Population Division Agency is the main organization that estimates global population. Every two years, their report attempts to piece together surprisingly fragmentary national census data and demographic surveys to arrive at a global estimate. As a geographer, I have long been interested in these reports, and in all aspects of population change and distribution on the earth.  read more »

World famous for its beautiful harbour setting, Sydney’s Central Business District is undergoing a resurgence. As the hub of Australia’s finance sector, it stumbled during the global crisis. Office vacancies jumped from 5.7 per cent in early 2008 to 8.8 per cent in mid 2009, despite stable supply. Ultimately, though, Sydney was spared the worst, owing to its rise as a staging post for trade and investment in the Asia-Pacific region, which averted the havoc of Europe and North America. Recovery is now underway, if slowly.  read more »

Often best places lists reflect as much on what’s being measured, and who is being measured as on the inherent advantages of any locale.  Some cities that have grown rapidly in jobs, for example, often do not do as well if the indicator has more to do with perceived “quality” of employment.  read more »

Hawks and doves disagree on whether World War II ended the Great Depression.  Depending on which species of bird squawks louder, military spending may be the only way out of our current financial malaise.  In many ways it is already happening, although it is a surreptitious and quiet influence felt mostly in the high-tech economic sector.  Defense growth in one of the most unlikely places – Orlando, Florida – has already begun to diversify the region’s income stream, create a new urban c  read more »

In this most insipid of recoveries, perhaps the most hopeful story comes from New Orleans. Today, its comeback story could serve as a model of regional recovery for other parts of the country — and even the world.

You could call it the Katrina effect. A lovely city, rich in history, all too comfortable with its fading elegance and marred by huge pockets of third-world style poverty, suffers a catastrophic natural disaster; in the end the disaster turns into an opportunity for the area’s salvation.  read more »