Tale of five cities—risers and fallers in the urban league table
Cities are the primary centres for driving economic growth around the world. Today, the urban economic landscape is dominated by advanced city economies like New York, Tokyo, and London. But as growth continues to surge in Asia, the region’s cities will climb through the ranks to rival the world’s largest city economies.
What you will learn:
- Developing Asian cities are expected to see the fastest rates of growth, with Manila ascending to the 21st position in our GDP city rankings by 2040.
- On the whole, the growth of African cities is being held back by weak productivity growth. But Cairo will still perform relatively well, climbing to 77th place.
- Cities in Latin America face the burden of tough macroeconomic conditions, and some cities like Buenos Aires are expected to lose several places in the rankings.
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