Vertical Economies

In the past few decades the world economy has seen a global shift of industry and manufacturing eastwards to the emerging markets of China and India purely for economic efficiency but not innovation. The rate at which urban populations are expanding will impact upon how we perceive the strategies of sustaining our cities with regards to supply and demand. The rise of global cargo shipping has seen the ability of local industries to move their production to areas of low labour, tax and land costs. However, the onset of rising labour costs in East Asia, higher transportation costs, a weaker dollar, rising U.S. productivity and cheaper energy are only enhancing the argument for more localised production that is closer to the consumer...
Source: www.evolo.us