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Thread: The 25 Most Economically Powerful Cities in the World

  1. #1
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    The 25 Most Economically Powerful Cities in the World



    SEP. 2011

    The Global Economic Power Index, developed with my Martin Prosperity Institute colleague Charlotta Mellander, reflects three key three dimensions of economic power—economic, financial, and innovative. Economic Power is measured as economic output or gross regional product. Financial Power is based on the Global Financial Centers Index, which ranks the banking and financial power of cities across the world. Innovation is based on patenting activity. article


    #1 - Tokyo

    Economic Output: $1.2 trillion
    Global Economic Power Score: .992
    Financial Center Score: 697
    Innovation Rank: No. 1

    -------------------------------------------

    #2 - New York

    Economic Output: $1.1 trillion
    Global Economic Power Score: .984
    Financial Center Score: 770
    Innovation Rank: No. 4

    -------------------------------------------

    #3 - London

    Economic Output: $452 billion
    Global Economic Power Score: .935
    Financial Center Score: 772
    Innovation Rank: No. 8

    -------------------------------------------

    #4 - Chicago

    Economic Output: $460 billion
    Global Economic Power Score: .915
    Financial Center Score: 678
    Innovation Rank: No. 7

    -------------------------------------------

    #5 - Paris

    Economic Output: $460 billion
    Global Economic Power Score: .882
    Financial Center Score: 645
    Innovation Rank: No. 5

    -------------------------------------------

    #6 - Boston

    Economic Output: $290 billion
    Global Economic Power Score: .854
    Financial Center Score: 655
    Innovation Rank: No. 6

    -------------------------------------------

    #7 - Hong Kong

    Economic Output: $211 billion
    Global Economic Power Score: .846
    Financial Center Score: 760
    Innovation Rank: No. 9

    -------------------------------------------

    #8 - Osaka

    Economic Output: $341 billion
    Global Economic Power Score: .821
    Financial Center Score: 601
    Innovation Rank: No. 3

    -------------------------------------------

    #9 [Tie] - Washington, DC

    Economic Output: $218 billion
    Global Economic Power Score: .813
    Financial Center Score: 621
    Innovation Rank: No. 2


    #9 [Tie] - Seoul

    Economic Output: $299 billion
    Global Economic Power Score: .813
    Financial Center Score: 649
    Innovation Rank: No. 10

    -------------------------------------------

    #10 - Sydney

    Economic Output: $172 billion
    Global Economic Power Score: .756
    Financial Center Score: 660
    Innovation Rank: No. 12

    -------------------------------------------

    #11 - Toronto

    Economic Output: $209 billion
    Global Economic Power Score: .732
    Financial Center Score: 656
    Innovation Rank: No. 16

    -------------------------------------------

    #12 - Beijing

    Economic Output: $99 billion
    Global Economic Power Score: .667
    Financial Center Score: 653
    Innovation Rank: No. 11

    -------------------------------------------

    #13 - Madrid

    Economic Output: $188 billion
    Global Economic Power Score: .634
    Financial Center Score: 584
    Innovation Rank: No. 14

    -------------------------------------------

    #14 - Sao Paulo

    Economic Output: $225 billion
    Global Economic Power Score: .606
    Financial Center Score: 573
    Innovation Rank: No. 17

    -------------------------------------------

    #15 - Mexico City

    Economic Output: $315 billion
    Global Economic Power Score: .557
    Financial Center Score: 563
    Innovation Rank: No. 23

    -------------------------------------------

    #16 [Tie] - Melbourne

    Economic Output: $135 billion
    Global Economic Power Score: .553
    Financial Center Score: 622
    Innovation Rank: No. 24

    #16 [Tie] - Singapore

    Economic Output: $129 billion
    Global Economic Power Score: .553
    Financial Center Score: 728
    Innovation Rank: No. 25

    -------------------------------------------

    #17 - Montreal

    Economic Output: $120 billion
    Global Economic Power Score: .537
    Financial Center Score: 617
    Innovation Rank: No. 21

    -------------------------------------------

    #18 - Vancouver

    Economic Output: $79 billion
    Global Economic Power Score: .504
    Financial Center Score: 627
    Innovation Rank: No. 20

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    I'm surprised there isn't a single German city listed in the top 25?!?!

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    Country: Greece



    well I do not know the criteria,

    But from what I know the most income per capita in EU is in Italy Sienna town,

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    Ethnic group
    Indian+Spanish+German, basically
    Country: Mexico



    Well, purely by its economic output Mexico City is among the 7 or 8 most important cities of the world.

    http://www.youtube.com/watch?v=KdtQZGR8QQY

    In fact, if we exclude Brazil and Argentina, Mexico City has more output that each of the remaining countries of Latin America.

    ( Too bad that right-winger nothern Mexicans dream with seeing Mexico City destroyed by an Earthquake or an Atomic Bomb... that is one of the reasons we do not go ahead as a country )

    +++++++++++++++++

    I'm surprised there isn't a single German city listed in the top 25?!?!
    I was surprised also not to see Berlin...

    But anyway, one has to take into account that "large" German cities are... small in population. I was surprised to know that important cities like Köln (Cologne) is barely reaching now the 1 million inhabitants.

    That is the size of medium-small Latin American cities.

    On the other hand... Coudn't by some criteria not being considered the Ruhr as a single, gigant "city" / "urban area"?

    Regards.

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    Country: Germany



    1 out of 1 members found this post helpful.
    There are only two German cities which through size could have the opportunity to reach the top 25, and these are Berlin and Hamburg. But they are way too overdebt because all they produce is mental diarrhea.

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    Ethnic group
    Latin-Germanic
    Country: Germany - Berlin



    Berlin has been the most endebted city for most of the nineties and since 2000. The crisis in America gave her some space. The Russians have dismantled all the heavy industries during the cold war, Berlin is broke and has no factories. In fact, Berlin owns her capital status from her position into what was once the geographical center of the second Reich (Aachen was the capital of the First for the same reason). Hamburg, Kiel, Lübeck and half a dozen other ex-Hanseatic cities were once immensely rich and powerful, just as Antwerp, Rotterdam, Gdansk... Another proof that Europe is just a shadow of her former self and that deep reforms are badly needed...

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    Ethnic group
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    Country: Germany - Berlin



    The term "Ruhrgebiet" exists but it doesn't refer to a political entity, just as an industrial region with no definite border. The first German city on that list is probably Munich. The fragmentation of German population is due to its geopolitical history, the country being the last one to unite in Europe (with Italy, more or less). It used to be a patchwork of small kingdoms down through the Middle Ages with big cities concentrating along the Elbe, Rhine and Oder rivers and along the Baltic sea. The end of the Third Reich in 1945 radically changed the map, with cities like Danzig, Breslau, Posen going (back?) to Poland and Prussia ceasing to exist. Berlin has been kept under perfusion with allied cash throughout the cold war and should the capital have stayed in Bonn, it would just be a big empty city by now.

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