From cities of movement to places of transaction

The power of the network

Summary of Tim Stonor’s talk at the World Cities Summit, Singapore, 3rd June 2014

From cities of movement to places of transaction – a new mobility focus for city leaders, planners and everyday users

Key responsibilities for cities
1. Imagining the future of cities and mobility.

2. Designing integrated, people-focused planning to sustain cities.

3. Measuring the social, economic and environmental value created by the movement, interaction and transaction of people.

The fundamental purpose of cities
Cities are for transaction: economic and social transaction. People come to cities to trade. It is why we have cities – they are intensifications of opportunities to trade. The public realm of the city – its network of streets and spaces – is where much of this trade occurs: a “transaction machine” which, like any machine, is more or less efficient depending on how it is engineered.

The contemporary problem of cities
This essential…

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