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Introduction

In: Transport Development in Asian Megacities

Author

Listed:
  • Shigeru Morichi

    (Policy Research Center, National Graduate Institute for Policy Studies (GRIPS))

  • Surya Raj Acharya

    (Institute for Transport Policy Studies (ITPS))

Abstract

In recent decades, the Asian region is known as the region of fastest economic growth. The region is also characterized by a concomitant trend of rapid urbanization with concentration of urban population in large cities. In fact, rapid urbanization simply reflects the aspiration of people for economic prosperity and better quality of life with modern urban services. On the other hand, urban conurbations serve as the engines of economic growth providing opportunities for investors, entrepreneurs, and both unskilled and skilled labors. In this sense, the urbanization trends as observed in Asian region is potentially a part of the virtuous cycle of growth and prosperity, which many developing countries in the region endeavor to trigger or sustain.

Suggested Citation

  • Shigeru Morichi & Surya Raj Acharya, 2012. "Introduction," Transportation Research, Economics and Policy, in: Shigeru Morichi & Surya Raj Acharya (ed.), Transport Development in Asian Megacities, edition 127, chapter 0, pages 1-14, Springer.
  • Handle: RePEc:spr:trachp:978-3-642-29743-4_1
    DOI: 10.1007/978-3-642-29743-4_1
    as

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