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edao
24-11-11, 14:01
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 (http://www.theatlanticcities.com/jobs-and-economy/2011/09/25-most-economically-powerful-cities-world/109/#slide1)


#1 - Tokyo

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

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#2 - New York

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

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#3 - London

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

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#4 - Chicago

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

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#5 - Paris

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

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#6 - Boston

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

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#7 - Hong Kong

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

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#8 - Osaka

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

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#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

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#10 - Sydney

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

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#11 - Toronto

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

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#12 - Beijing

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

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#13 - Madrid

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

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#14 - Sao Paulo

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

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#15 - Mexico City

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

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#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

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#17 - Montreal

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

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#18 - Vancouver

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

edao
24-11-11, 14:12
I'm surprised there isn't a single German city listed in the top 25?!?!

Yetos
24-11-11, 18:24
well I do not know the criteria,

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

Spion Stirlitz
25-11-11, 00:21
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 )

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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.

Mzungu mchagga
25-11-11, 00:47
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.

Cimmerianbloke
26-11-11, 05:10
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...

Cimmerianbloke
26-11-11, 05:33
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.