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Wednesday, November 20, 2019

Comparison of two Asian Megacities Term Paper Example | Topics and Well Written Essays - 1250 words

Comparison of two Asian Megacities - Term Paper Example Also the internal migration brought about a rapid change with regard to the economical, social, political and demographic aspects of these cities which in turn became mega cities. It will be interesting to study Mumbai and Bangkok in the above mentioned context. Demographics: Mumbai-formerly known as Bombay until 1995- is the capital city of Maharashtra state, India; but is well deservingly called the commercial and financial capital of India. It is also one of the world’s most densely populated mega cities. Its population of lately has reached a whooping 16 million mark. As per the wikipedia information â€Å"As of 2009, Mumbai was named an Alpha world city. Mumbai is also the richest city in India and has the highest GDP of any city in South, West or Central Asia.† Mumbai is popularly known as a cultural melting pot as one finds migrants from all regions of India settled here and many more pouring in daily. Bangkok is the capital city of Thailand. Its population is ab out 9 million. It is the largest urban city of Thailand popularly known as the city of angels. Bangkok is perhaps the most apt example of a city representing a population of diverse cultures. Referbangkok.com confirms that â€Å"Bangkok has a true international culture with a sizable population of immigrants from China, Japan, India, America, Europe, Taiwan, South Korea, Nigeria, Malaysia and Singapore. Bangkok is also believed to be a host for a good number (approx. 400 – 600 thousand) of illegal immigrants from Cambodia, Myanmar (Burma), Russia, Ukraine, Pakistan, Nigeria, India, Bangladesh, China, and other countries.† Economy: In older times Mumbai’s economy revolved around its cotton textile industry. Textile industries still bear a lot of importance in Mumbai’s economy. But as a result of globalization Mumbai has emerged as an epicenter of a large number of economic activities. City-data.com gives the current account of Mumbai’s financial str engths mentioning that â€Å"Mumbai is home to some of India's largest and wealthiest industrial conglomerates, such as the Aditya Birla Group, Godrej, and Tata & Sons. More specialized economic activities are diamond cutting, computers, and movie making (in sheer numbers, Mumbai, or "Bollywood," produces more movies than any other city in the world, including Hollywood). In addition to manufacturing, Mumbai is a leading commercial and financial center. The city is home to the Reserve Bank of India, the Mumbai Stock Exchange, and a variety of other major financial institutions. The government and service sectors are also important in the city's economy.† Bangkok too is the financial center of Thailand. At one time, the major source of income in Bangkok was agriculture. But over the period of time it has solidified Thailand’s economy through establishing itself as the commercial center of not only Thailand but also Southeast Asia for imports and exports. Referring to Ba ngkok industries City-data.com reveals that †Food processing, textiles, and the production of building materials are the chief manufacturing enterprises. Other industries include cement, electronics, petroleum refining, and tourism.† The presence of Bangkok stock exchange and a majority of banks in Bangkok confirm the city’s status as the financial center of Thailand. Environmental Issues: The local politicians, administrators play an important role in the growth of a city in general. But Mumbai perhaps is the worst example

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