According to Urban Landscape Institute Global City Index, London and New York still rank among the world’s most successful cities, but face increasing competition from other global cities, according to an analysis of 30 major global indices and other data prepared by the Urban Land Institute, a global research and education institute dedicated to responsible land use. The report, entitled ‘City Success: What do the global indices tell us?’ was released today at ULI’s London New York Dialogue Conference in London.
The report subdivides the indices into four key clusters that illustrate the core strengths and weaknesses of cities:
1. Global Economic Reach –London and New York are recognised as joint world leaders, followed by Paris, Tokyo and Chicago
2. Quality of Life – Identifies Copenhagen as a world leader followed jointly by Vancouver, Vienna and Zurich.
3. Image and Attractiveness –Paris tops the rankings followed by London, with Sydney, Vancouver, Venice and Vienna in joint third place
4. Investment and Fiscal – New York and Paris share first place followed by London
[SOURCE: The Urban Land Institute]