Shrinking cities have been the subject of much conversation in recent years. With Detroit filing for bankruptcy protection and the growing concern about aging cities in Europe, the discussion is gathering ever more momentum. In a climate of hasty blanket statements and one-size-fits-all solutions, Aksel Olsen takes a step back to critically examine the phenomenon of shrinking cities, in order to find real, practical solutions.
A significant number of cities and regions across the US and Eastern Europe currently face population decline, economic contraction, or both. The ‘greying of Europe,’ where nearly a third of the population will be 65 or over by 2060, is increasing pressure on social services, urban infrastructure, and the labor supply.Read More