California is witnessing a resurgence of the city as a driver of policy and economic growth, a dramatic reversal of the multidecade suburban exodus. People are choosing to live and work in more densely populated areas, spurring change in how everything from social services to culture is delivered. Cities everywhere, large and small, are addressing global challenges on the local level. This includes tackling 21st century problems such as population densification, water management and sustainability, and energy transformation and conservation. City leaders are also exploring alternatives for paying their bills, including innovative financing mechanisms and public-private partnerships for infrastructure development. What can California's cities teach the world?
Chairman of Investments and Global Chief Investment Officer, Guggenheim Partners
Director, California Center, and Managing Economist, Milken Institute
Director, L.A. River Project Office, Bureau of Engineering, City of Los Angeles
Executive Chairman, Plenary Concessions; Senior Advisor, Milken Institute