I'd like to expand on one particular point:
On Thu, 6 Feb 2003, Brian E Carpenter wrote:
If we could pass a law that every local government in the world
had to set up a monopoly IXP for its area, we might be able to
obtain enough congruence between geography and topology. But I
don't expect that any time soon.
.. IXP does not have to have a monopoly AFAICS, more specifics can be
advertised in every IXP.
This assumes there will always be IXPs. Today, the "IXP business model"
is a concept of the developed world, and even there it is not relevant
when we consider the largest ISPs, for whom peering is most definitely
a business decision rather than a technical one.