The concentration of the world’s population in urban areas is growing at an enormously rapid rate, and although there are numerous examples in the developed world, megacities are primarily a phenomenon of the developing world. Mike Davis in the "Planet of Slums" refers to the urbanization of poverty and he talks about the expansion of the slums and the urban inequality explosion. A good example of the vicious circle of the development of a megacity n the developing world, that can be described in 3 stages: attraction, growth, disattraction, is Bangalore. Bangalore is a prosperous ground for growth as it offers characteristics that attract investments such as a skilled population and a satisfactory transportation system. That has led to a strong migration wave into Bangalore that has as a result negative externalities for the city such as the creation and expansion of slums, high real estate costs, environmental and health care problems, and problems with water and energy shortages. When these problems can be compared with the problems in the descriptions of Engels for Industrial Manchester in 1844, or Dickens Vision in 1850 with urbanization being a result of industrialization, today's global south is in an even worse situation. Because of the neoliberal globalization tactics since1978 (with the incorporation to the global market of the developing world), these countries enter into an uneven race which cause a lot of losses.
Slum in Bangalore India
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