“Connecting Global Cities” is a monthly column written by Colin Speakman, Resident Director for CAPA Shanghai.
New York may have been unhappy at being knocked off the top spot on A.T. Kearney’s Global Cities Index by London, but they will be happier to note that a survey of global cities by “economic power,” compiled by Oxford Economics, puts them at number one.
Photo: George Washington Bridge from public domain
Economic power here is measured by GDP of different cities when converted to U.S. dollars and Oxford Economics have produced an interesting list. However, there are some important caveats. Firstly, the survey is future focused to project the ranking by 2030, not the current state of play—and things can change.Continue Reading