Top Ten Most Competitive Cities in the World

A recent report by Economist Intelligence Unit (EIU), commissioned by Citi, crowned New York city as the first in competitiveness, out of 120 of the world’s major cities. The Hot Spots report ranks the most competitive cities in the world for their demonstrated ability to attract capital, business, talent and tourists. With a combined population of about 750 million, the 120 cities ranked in Hot Spots represent approximately 29 percent of the global economy and generated a combined GDP of US$20.24 trillion in 2011.

The ten most competitive cities in the world are:

  1. New York
  2. London
  3. Singapore Read more

[Survey] Economic Might Be Shifting West-to-East

Citi Private Bank has published the result of a survey by The Knight Frank Global Cities (Link) , which monitored “city-level power shifts”. The survey mainly assessed global markets for investment opportunities and influence on business leaders worldwide. The 2011’s survey clearly shows a significant movement on the Economic Activity indicator, with 14 cities slipping down the rankings and 16 climbing up. Read more