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Friday, September 16, 2016

THE 19 MOST WEALTHY AND ECONOMICALLY HEALTHY CITIES IN THE WORLD


Global design and consultancy firm Arcadis released a report on the most sustainable cities in the world.

Arcadis said it ranks 100 global cities across three sectors of sustainability — “People, planet and profit.”

Nestled within the report, entitled “Sustainable Cities Index 2016: Putting people at the heart of city sustainability” is a “profit sub-index” which ranks all the cities in the world in order of wealth and economic sustainability.

It basically examines a city’s performance from a business perspective, combining measures that are indicators that can be “broadly be thought of as capturing economic health:”
  •        Transport infrastructure (rail, air and trac congestion)
  •         Ease of doing business
  •         Tourism
  •         GDP per capita
  •         The city’s importance in global economic networks
  •         Connectivity in terms of mobile and broadband access
  • ·      Employment rates

Naturally, cities that are considered major global financial centres ranked highly, as they tend to be most prosperous and have a highly-developed living infrastructure.

The more business is done in these key cities, the more money that flows through that area.

The group said “the profit sub-index is related to cities’ wealth, as the economic development indicator is the city’s gross domestic product (GDP) per capita (essentially, average economic output).”

Take a look at the top 19 cities:

19. Kuala Lumpur, Malaysia — The Asian city is one of the world’s key hubs for Islamic finance and has one of the fastest growing economies in the world.




Read the rest of the article here.


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