Economy

Secrets of the World's Most Competitive Cities

Even poor, landlocked metro areas can learn how to compete at a global scale.
fuyu liu / Shutterstock.com

We’re all familiar with the list of superstar cities that power the global economy. London, New York, Hong Kong, Tokyo, and Singapore are among the world’s largest and most dynamic. But can smaller and medium-sized cities ever compete? What are the secrets to building competitive global urban economies?

A new report from the World Bank examines the key dimensions of globally competitive cities. The report pulls together an impressive array of detailed economic data for 750 of the largest cities in the world, which it uses to distill the factors that bear on economic competitiveness.