The vibrancy and appeal of the world’s most competitive cities – from London to Singapore, San Francisco to Tokyo – is no happy accident, according to the new 2019 Global Cities Report released by ATKearney.
The report concluded that thoughtful, human capital centred investments and mindful municipal policies coupled with a commitment to building technology into the DNA of these cities is at the root of what makes a city competitive.
Key findings from the 2019 Global Cities Report include:
New York, London, and Paris maintain their decade-long dominance as the top three cities in the Global Cities Index.
London’s steady performance brings it to the very top of the Global Cities Outlook. San Francisco drops from first to third as challenger cities outpace the California tech hub in personal well-being and foreign investment.
Predictions about the impact of Brexit have yet to materialize, but performance across leading European cities has nevertheless stalled.
The leading cities continue to outperform the rest of the cities in attracting and retaining qualified talent.
This year’s results suggest the potential of a transformative shift, with up-and-coming cities gaining momentum in many areas.
Once again, China proves this point as its urban areas continue to improve their livability, become more citizen-centric, and close in on the world’s leading cities.
The report details stiff competition amongst the bottom half of the top 10 global cities, with Index scores for Singapore, Los Angeles, Chicago, Beijing, and Washington, D.C. have improved significantly this year.