What are the cities with the most “extreme” economies in the world?

The economist Richard Davies chose the nine cities the world with the “most extreme” economic systems in his book “Extreme Economies”.

The expert and editor of The Economist magazine visited these countries to study how they survive in the midst of the inequality and what solutions or economic systems they invent.

The cities that he considered the most impressive in his study are Kinshasa (The congo) y Aceh (Indonesia).

The second in 2004 was the epicenter of one of the worst natural disasters in history, with an earthquake and a subsequent tsunami.

While the first, Kinshasa, He describes it as “a city of 10 million people that is actually a gigantic village.”

As indicated, this city in the Democratic Republic of the Congo has the worst economic disaster in the world, as it has potential for industrial development.

The place currently has no drinking water or electricity and “in the streets you can see thousands and thousands of people negotiating in the middle of a poverty abyecta.”

“Some buy big bags of charcoal, which people use for cooking, and then sell it in pieces. The problem is that money is so volatile that the value of the currency can change rapidly from one place in the city to another“, comments BBC Mundo.

In that country the inflation They tend to skyrocket from one day to the next, he says.

“In Kinshasa it can skyrocket overnight because of the way the central bank works. The capital that the poorest people on the planet can have is destroyed from one moment to the next, “he says.

These are the nine cities who visited:

  1. Zaatari, a Syrian refugee camp in Jordan
  2. Louisiana State Prison in the United States
  3. The Darien region on the border between Colombia and Panama
  4. Kinshasa in the Democratic Republic of the Congo
  5. Aceh, Indonesia
  6. Glasgow in Scotland
  7. Akita in Japan
  8. Tallinn and Estonia
  9. Santiago in Chile

Davis selected those nine locations using a quantitative method and data such as natural disasters, war, and the city’s prison system.

.

Leave a Comment