A.T. Kearney: New York and London most global cities
New York, London and Paris are the world’s most global cities, concludes a research from A.T. Kearney.
Since 2008 consulting firm A.T. Kearney has been measuring the ‘global engagement’ of 84 cities across all continents. The value assigned to a city is based on 26 metrics, grouped into 5 dimensions: business activity, human capital, information exchange, cultural experience and political engagement.
The results reveal that over the past years cities have become more global. Since the year the index was launched, the scores for cities have increased by 8% on average. Furthermore, the lower-ranked cities are slowly but steadily closing in on the leaders. At the same time, the rankings also show that breaking into the top positions is difficult. Since 2008 only 23 cities have occupied the top 20 spots, with New York and London leading the list in every edition. An overview of the top 20 most global cities:
Among the top 20 cities, seven are in Europe, seven are in the Asia Pacific region and six are in the Americas. Cairo is the leading city in Africa, remaining in the top 50 despite Egypt’s political and economic turbulence. Beijing (#8) breaks into the top 10 for the first time, thanks to an increase in the number of Fortune 500 companies, international schools, broad subscribers and museums. Argentina’s capital Buenos Aires is the first Latin American city to join the top 20, based on the strength of its human capital and cultural scene. Istanbul posted the largest jump, from 37th to 28th. Meanwhile, Boston and Zurich fell the most, dropping six positions, from 15th to 21st and from 25th to 31st respectively.
