Global Cities Outlook is a projection of a city’s potential based on rate of change in 13 indicators across four dimensions: personal well-being, economics, innovation, and governance. (SF No.1)
Today, more than half of the world’s population lives in cities, and the world continues to urbanize rapidly. By 2050, two-thirds of the world’s population will live in urban areas, according to the United Nations.
A.T. Kearney’s Global Cities identifies a set of cities that rank in the top 25 on both the Index and Outlook – called the ‘Global Elite’. 15 cities qualify this year, and they are all well-known hubs of culture and politics, as well as true global economic hubs. Combined, they average 8.8 million in population and account for $7.3 trillion in GDP – or about half of the GDP of all 55 high-income cities measured by Global Cities.
Read more: FTNnews.com London and San Francisco ranked World’s Top Cities, Istanbul in …