Rapidly growing cities in the developing world face a complex and challenging task to keep pace with their expanding populations; investment, planning and meeting the labour aspirations of their new inhabitants, says this report from the McKinsey Global Institute.

This new McKinsey report examines how the world's growing demand for natural resources can be met. It also looks at how policymakers need to change their approach to resource management to avoid the risk that enter a period of resource price spikes.

This new report by Mckinsey warns that lack of effective policies to manage urbanization could jeopardize India's GDP growth rate. Suggests adoption of a new operational model for cities with an investment of $1.2 trillion to keep pace with the growing urbanization.