City economies
March 8th 2007
From The Economist print edition
Big cities pack a punch equal to some national economies. The GDP of Tokyo or New York, for example, is broadly similar to that of Canada, a G7 country. The two cities followed by Los Angeles will hold their position at the top of the table in 2020, according to forecasts from PricewaterhouseCoopers, an accountancy firm. However, London will pass Paris and Chicago to take fourth place thanks to buoyant expansion in business and financial services. At present, the top 15 city economies are dominated by those in the developed world. But by 2020, São Paulo will have elbowed its way into the premier league as part of a trend for those in emerging economies to move up the rankings.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
LIVING IT UP UNTIL YOU CAN'T ANYMORE Foremost, I have to warn you: this post is quite a bit lengthy. I am sorry, but each word is necess...
-
Dateline: 23 February 2011 AxSA Factoid of the Week As a part of the health-care reform package, beginning in 2014, no health-care provider...
-
The Week is a scouting report compiling the latest news, concepts, and insights in the world of business. For...
-
[ Thanks for all of your comments, even the ones that I found inappropriate for this blog. My ideas here are just my thoughts as a voter, an...
No comments:
Post a Comment