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Full-Text Articles in Economic Policy
The New Panama Canal In A Global Context, Herman L. Boschken
The New Panama Canal In A Global Context, Herman L. Boschken
Herman L. Boschken
Without the "container revolution" (1970-present) and its redesign of seaport and maritime-trade infrastructures, globalization as we know it would not exist. With the recent enlargements of the Panama and Suez Canals, many new implications for U.S. economic trade are unfolding. This presentation at the Commonwealth Club of California, outlines recent changes in world trade and infrastructure development, and poses five factors that will likely determine winners and losers in the unfolding developments of this highly competitive world trade-route system.
Global Cities Are Coastal Cities Too: Paradox In Sustainability?, Herman L. Boschken
Global Cities Are Coastal Cities Too: Paradox In Sustainability?, Herman L. Boschken
Herman L. Boschken
Worldwide, most global cities are located in coastal zones, but a paradox of sustainability is especially striking for American global cities. This article examines such paradox drawn between globalization-induced development and coastal ecosystems. It focuses on two developmental components found principally in global cities: (1) the agglomeration of foreign waterborne commerce and global business services and (2) the accelerated activity and mobility habits of a global professional class. Despite formidable gaps in research, some anecdotal evidence suggests unique hazards exist for the coastal ecology as globalization pressures expand a global city’s urban footprint.