can surrey really be a true global city? for sure and here’s why
DESCRIPTION
Can Surrey Really be a True Global City? For Sure and Here’s Why. A Talk to the Fraser Valley Estate Planning Council AGM Eaglequest Coyote Creek Golf Course, 21 st May 2014 7778 152 nd Avenue, Surrey, BC Michael A. Goldberg Professor and Dean Emeritus Sauder School of Business - PowerPoint PPT PresentationTRANSCRIPT
Can Surrey Really be a True Global City? For Sure and Here’s
Why
A Talk to the Fraser Valley Estate Planning Council AGMEaglequest Coyote Creek Golf Course, 21st May 2014
7778 152nd Avenue, Surrey, BC
Michael A. GoldbergProfessor and Dean EmeritusSauder School of Business
The University of British Columbia
Changing Global Economic Landscapes and CitiesFinancial markets: led globalizationReal estate markets globalized nextGlobal cities network resultedNew International Division of Labor
Global product outsourcing Now services global too
Cities key global players
www.yvr.ca
The Changing Global Context Economic restructuring
◦ Goodsservices◦ Naturalhuman resources◦ Goodsinformation, knowledge, thinking, ideas
Demographic restructuring: aging, immigration, urban not rural growth
Global trade grows twice as fast as GDP
The Changing Global Context (continued)
Social restructuring: ◦ high pay low skill jobs shrinking◦ more income inequality
Fewer people in resource regions Global integration, deregulation, reregulation
Cities and the Global Knowledge Economy IDrivers of global economyInformation and decision centresCapital centresKnowledge centresInnovation centresCreativity centresCulture centres
http://www.econ.hokudai.ac.jp/~hasimoto/
Cities and the Global Knowledge Economy II
Strategic thinking a mustCities no longer minor actorsGlobal urban competition for human capital
Education: attracts/retains best peopleTolerance, talent, technologyCultural diversity – civic urban society
All regions need strategy to prosper
Cities and the Global Knowledge Economy III
Strategic Assets of CitiesAgglomerationDiversity – stabilityEfficient urban formQuality of living environmentStrong governance Open to change & globalizationQuality – quantity public goodsInternal-external accessibilityEducated flexible labour forceSupport services
Cities and the Global Knowledge Economy IV
Strategic liabilities of citiesNIMBY-NIMTE resist changeFragmentation, local competitionIncome disparitiesVulnerabilityAging buildings and infrastructureLimited tax base and autonomyLimited access to capitalWeak finances
http://www.benwiens.com
http://www.sensibletransportation.org
http://www.unce.unr.edu
http://www.mit.ocw.universia.net
Two starkly different urban forms: The Choice is Ours
http://pointofview.bluehighways.com/images/sprawl.jpg
Going Forward: Thinking and Acting Strategically
Strategic thinking and action is 4 things◦See world as it really is◦Respond to changed reality◦Choose from new alternatives◦Seize chosen opportunities
Thinking – Acting Regionally and Cooperatively: Governance Issues
Need regional gov’ts as regional fiduciaries◦ NIMBY – NIMTE block regional needs◦ No one speaks for regions now◦ Sydney is extreme cure◦ Can-US Joint Commission◦ EU also a model◦ Senior intervention is key
http://pointofview.bluehighways.com/images/sprawl.jpg
Elements of New Thinking Use strengths to build new economy Get new metaphors Build urban economy on industries & firms:
◦ With responsive innovative cultures◦ Eager to compete globally
Switch from AM to FM to hear emerging ideas Get new measures for new goals
www.discoveryparks.com
Some Assets Visionary politicians and senior city managers Future tolls on roads and bridges New City Centre Diverse Economy and ALR Innovation Boulevard Land supply PMV – Surrey Port Mann Railyards Diverse population Great access to US City Centre Transit Low taxes Growing rapidly
Surrey in this Context - I
http://www.mtarch.com/van-surrey1130re08.jpg
Some Liabilities Lack of certainty on transit Looming tolls and congestion charges Lack of strong regional government Urban sprawl from earlier era Rapid growth and costs Huge area to govern Traffic congestion
Surrey in this Context - II
Build on assets◦ Logistics (Land, PMV, rail, US access, SFPR, etc.)◦ Innovation Boulevard (Hospital, Fraser Health, SFU-KPU)◦ Develop ties to Asia, especially India◦ Enhance food industries on ALR base◦ Education hub for BC and international students◦ Niche financial services (SFU, Coast Capital, retirees)◦ And more…imagination and energy are only limits
Suggestions to seize global opportunities
Global is the word of the day and the future◦ Global competition◦ And, global opportunities
Cities compete globally for talent, investment, jobs
Surrey is well positioned to compete globally It has the assets needed to compete A growing global vision Business leadership that is keen to expand views So, do it! Thanks for inviting me and let’s chat
Conclusions
http://www.daemery.com/Additional/vancouver.htm