Global city power index8/26/2023 ![]() In broad terms, both cities rank at or near the top of the index for Economy, R&D, Cultural Interaction and Accessibility. The differences between New York and London are more a matter of degree than kind, though seemingly minor differences in rank can mask large competitive advantages, particularly in the R&D function. The chart below compares the overall and function-specific scores of these four leading urban centers. New York, London, Paris and Tokyo represent a distinct first tier of the world’s most competitive global cities. Kearney, Foreign Policy and the Chicago Council on Global Affairs than the well-known annual Livability and Quality of Living surveys by the Economist and Mercer, respectively. In this regard, the Global Power City Index is more comparable to The Urban Elite Global Cities Index by A.T. These six measures of a global city’s complex, multi-faceted personality make the Global Power City Index, according to the study’s authors, a broad measure of urban competitiveness rather than an evaluation of one or more particular aspects of a city’s character, such as livability. The six components of the index are: Economy, R&D, Cultural Interaction, Livability, Environment and Accessibility. The chart below shows the 2011 ranking of the overall “magnetism” or urban competitiveness of 35 of the world’s most influential, global cities.Įach city’s multi-colored bar indicates the extent to which the six components of the Global Power City Index contribute to that city’s overall score. Although a relative newcomer to the role of global power city, Seoul, South Korea comes in seventh following closely on the heels of Berlin with a total score of 233.4. Paris and Tokyo earn third and fourth place honors a bit farther back, though their overall scores of 308.7 and 304.3 are well above those of fifth and sixth place cities, Singapore and Berlin, at 255.3 and 234.8. New York and London finish at the top of The Mori Memorial Foundation‘s Global Power City Index 2011 with nearly identical overall scores of 320.9 and 320.6, respectively. cities are particularly competitive in R&D and as a destination for researchers. ![]() The performance of major European cities lags overall, but improves when viewed through the lens of a unique set of actor-specific city rankings for artists, residents and visitors. The Global Power City Index provides a ranking of the urban competitiveness of 35 world cities based on their international “magnetism.” This desirable-yet-elusive trait is defined as a city’s “comprehensive power to attract creative people and excellent companies from around the world amidst accelerated interurban competition.” While New York, London, Paris and Tokyo top the latest version of the Global Power City Index by a healthy margin, other prominent Asian cities, such as Seoul, Beijing, Shanghai, Singapore and Hong Kong, perform well in a number of specific areas.
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