London (UK) has been named the tenth most economically influential city on this planet, in line with a brand new report titled ‘Cities Of Economic Influence Index’ CEO’s Worldwhich ranked the world’s 100 powerful cities based on their competitiveness as a serious urban center.
New York ranks second with 83.49 points, and Tokyo, which has the world’s largest subway economy, is third with 82.59 points.
Paris is fourth with 81.65 points, barely ahead of Singapore with 80.66. The top ten is rounded out by Berlin, Shanghai, Brussels, New Delhi and Toronto. The remainder of the highest 20 are Washington (eleventh); Sydney (twelfth); Sao Paulo (18th); 4 European cities: Moscow (thirteenth), Zurich (seventeenth), Amsterdam (nineteenth) and Istanbul (twentieth); and three Asian cities Dubai (14th), Riyad (fifteenth) and Tel Aviv (sixteenth).
According to the Cities Of Economic Influence Index report, it is predicated on five basic indicators, including:
- Economic strength (general economic activity)
- Financial strength (strength of the town’s financial and banking industry)
- People and politics (political and demographic impact)
- Quality of life (productivity, infrastructure, quality of life, social equity and inclusion and environmental sustainability)
- Competitiveness (business activities, human capital, cultural experience and political involvement)
To discover which city got here out on top, CEO Wold calculated the town’s total rating across five metrics.
Interestingly, because the report states, “The 100 largest cities generate approximately half of the world’s total economic output, and the twenty-five largest cities generate more than 30% of global economic output.”
In Southeast Asia, Singapore tops the list (fifth on this planet), followed by Indonesia (twenty first), Kuala L:umpur third (74th), Bangkok 4th (eightieth), Hanoi fifth . (83rd) and Manila 6. (86th).
