Our analysis suggests that to emerge from the current crisis stronger and more resilient, city leaders will need to reimagine what is next for their cities. Melbourne 19. Your Top 20 global cities of 2020, projected: New York London Shanghai Beijing Hong Kong Singapore Mumbai Tokyo Paris Moscow Dubai Sao Paulo Zurich Geneva Washington D.C. Berlin Sydney Los Angeles Seoul San Francisco However, not only do the tools for tackling this new environment exist, but the pandemic and its aftermath have also created a rare openness to doing things differently. Meanwhile, São Paulo grew by more than 2 million, and Mexico City gained just over 1.6 million people. New Global Cities Report 11/17/2020 Global Cities Press Release 11/17/2020 CNN Op-Ed 7/13/2020 Past Press Releases Blog & Publications Video Library Global Cities. Yet since 2008, the world has been on a path of “slowbalization,” with international trade on the retreat for the first time since World War II. Innovation is also fueled by this proximity, and the ways in which it facilitates flow and exchange of ideas and gives residents a wide array of opportunities for participation, engagement, and commerce. To discover this, an analytical report of the Global Top 500 Cities was compiled by Global City Lab and released on Dec. 28, 2020 in New York. However, despite these surprises, those in the highest positions—New York, London, Paris, and Tokyo—retained the top four places. Some of the fundamental factors that have historically enabled them to create value have been painfully disrupted, many of the connections between them are teetering on a knife’s edge, and the ways in which they use and allocate space require an urgent rethink. The number of unicorn companies (privately held start-up companies valued at more than $1 billion): We can no longer consider a city global if it is not at the forefront of entrepreneurship and innovation. Incorporating the Global Cities Index (GCI) and Global Cities Outlook (GCO), this year’s results reveal intensifying competition for global status and future prospects in an increasingly fragmented and volatile environment. To make progress in this area, city leaders should focus on: Becoming more deeply embedded in global city networks is perhaps the most practical and pragmatic way for cities to maintain essential global links. From the perspective of brand value, the average brand value of European and North American cities fell by 6.69% and 5.57%, respectively, which is much higher than that of other continents and the global average of 4.70%. Another Japanese city, Osaka, also has a very large population of almost 20.5 million. Overwhelmingly, the people carrying out “essential services,” who are at greater risk from the virus, are of low-income and minority groups. As a measure of that characteristic, this metric is now included within the Business Activity dimension, highlighting cities that thrive on pioneering residents. For this reason, our 2020 report is a departure from the norm. Elsewhere, global advocacy networks amplify important city-level issues that can only be solved with broader input, for example where city leaders lack the political authority to make necessary decisions. International traveler numbers dropped off to almost zero for a period of time, and the International Air Transport Association (IATA) has forecast that this year’s total global passenger numbers will be down 55 percent from 2019. While each city will necessarily adapt in its own way to cater for variations in geography, demography, and industrial strength—among other factors—we see the need for leaders to drive innovative progress in three vital areas: Cities play a central role in advancing human progress and accelerating economic growth. Instead, city leaders will need to make strategic choices and investments, which are likely to look very different from years past, if they are to emerge stronger and more resilient. CASS&UNHSP 2019. … HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Europe ranks first with 177 cities, one more than last year. The former is intended to be a snapshot of where things stand today and the latter is intended to be a forecast of where things might be heading. The 2020 Global Cities Report provides a snapshot of where cities stood as they entered the COVID-19 crisis. Beijing makes into the top five global cities in the "2020 Global Cities Index" report published on Wednesday by U.S. management consulting company A.T. Kearney, replacing Hong Kong first the first time. London has once again been declared the smartest city in the world, according to the seventh edition of the IESE Cities in Motion Index 2020. Elsewhere, APAC and Africa remained relatively stable. Finally, many modern threats including COVID-19, climate change, and mass migration have a universal reach, but impact different locations in different ways, and at different times. Japan ranks third with 27 cities. As we have seen, the latest pandemic has triggered widespread changes in behavior and accelerated several pre-existing urban trends. In Latin American cities, decreasing scores across every dimension drove a pronounced and continued decline, with results in innovation particularly poor. Global Smart Cities-2020 which will focus on the various aspects of a smart city including urban development, surveillance, power, energy, transport, technology, smart building, smart grid, smart health, network & communication technology. Global City Lab 2020. The Kearney 2020 Global Cities Report is out and it incorporates two main rankings: their Global Cities Index (GCI) and their Global Cities Outlook (GCO). Finally, Beijing’s new position reflects higher scores across most metrics. As usual, we present the Global Cities Index (GCI) and Global Cities Outlook (GCO), which together provide a comprehensive analysis of cities’ positions and prospects. For many of the rising cities, long-term investments in governance and economics have begun to pay off. Among them, the United States ranks first with 65 cities, and China ranks second with 39 cities. However, their ability to do so is now in jeopardy. Ten cities took the lead across the GCO’s 13 metrics, but this year new leaders emerged in each dimension, illustrating the sheer effort and determination across the globe and in cities at all stages of development as they attempted to improve their standing (see figure 7). The global top 500 cities are distributed across 125 countries, one more than last year. The Sydney Experience; What’s Included? Second, they are microcosms of the world in all its diversity. Of course, the urban impacts of COVID-19 go far beyond residents’ new behaviors and ways of working. To discover this, an analytical report of the Global Top 500 Cities was compiled by Global City Lab and released on Dec. 28, 2020 in New York. Online Study Abroad & Remote Global Internships in Florence, London & Sydney . from 8 AM - 9 PM ET. “The 2020 Global Cities Report provides a snapshot of where cities stood as they entered the COVID-19 crisis. But what shape could Community Action Projects take when school buildings closed in March, 2020, and students began learning from their separate homes? Schroder 2020. What’s more, the pandemic has made it abundantly clear that cities will continue to be on the front lines when large-scale disruptions strike, leaving city leaders to drive the local response—often with tight resource constraints and uncertain national support. Washington, D.C. 11. Arrangements such as these open up partner cities as gateways for foreign investment, supporting key local industries and workers, and boost their standing in global markets and industry value chains. To the extent that these benefits outweigh the costs of city living—such as higher rents, congestion, and other inconveniences—cities create value in ways that can’t be recreated elsewhere. Many cities are predicted to warm by approximately the same as the planet-average-warming by the end of the century—both in the low CO 2 emissions and the moderate CO 2 … To account for this, medical universities are now included under the Human Capital dimension as a measure of how globally connected its healthcare system is. Despite this diversity, the top cities ranked highly across all metrics, while many others only found success in a handful. What will happen in the aftermath of Prime Minister Shinzo Abe’s exit from government remains to be seen. A first requirement is ensuring the continuity of the existing international networks and flows from which cities benefit, including the passage of goods, ideas, and people. Welcome to the world’s most comprehensive city ranking, based on the quality of place, reputation and competitive identity of global cities based on the perceptions of the people who matter most: talent, tourists and business leaders. Though the sharp drop-off in economic activity predicted after the Brexit vote has yet to materialize, so too have any new rules surrounding trade, which will not become clear until at least the end of this year. A recent survey from Gartner reports that 82 percent of company leaders intend to permit remote working of some kind as employees return to work, and nearly half (47 percent) will allow it full time. More recently, the SARS pandemic spurred Singapore and Seoul to invest in digital contact tracing systems, which have been used again to great effect in combating the spread of COVID-19. In cities, human and financial capital are concentrated, infrastructure is readily accessible, and deep specialization is possible, all of which enhance productivity. It and other networks like it have access to decision-makers at a range of international authorities and organizations such as the United Nations, giving cities a voice they would otherwise lack at a global level. Given the openness to change that the current crisis has generated, there is now a rare chance to make the shift from fixing near-term problems to creating long-lasting public value. Tokyo’s consistently high scores in personal well-being took it up 2 places to number 4, and Abu Dhabi jumped 13 places to number 7, driven by long-term investments in economic performance and diversification. This includes the priority actions that will be necessary to ensure that the cities they govern continue to generate their unique economic, social, and cultural value—and indeed expand it. By Kearney’s 2020 Global Cities Report - top 20 01. Indeed, with pundits feverishly suggesting that the pandemic is “killing the attraction of megacities” and that they are “losing their allure,” many have begun to question whether the city can survive as a primary locus of economic and social activity. This enduring strength highlights the breadth of advantages needed to reach and stay at the top of the Index, and the self-reinforcing power of global city status. While the steep decline of individual cities indicates that no urban center should consider itself immune to these threats, the steady historic increase in urbanization is evidence of their irreplaceable value. In particular, the top three cities on the Index overall stood out across metrics, with London achieving the highest rating across four, while New York and Paris each landed at the top in three (see figure 4). Updated quarterly, the index tracks the performance of house prices across 150 cities worldwide. A major shift at the top of the rankings, however, was Beijing unseating Hong Kong from its long-held top five position, which could prove to be a sign of further changes to come. Hong Kong 07. It also shows that for those cities able to do so, global status has so far been self-reinforcing. table-1-the-top-10-of-the-2020.png Table 1: The Top 10 of the "2020 Global Top 500 Cities" (Billion USD), table-2-top-10-countries-with-the.png Table 2: Top 10 Countries with the Most Cities Selected(Billion USD), Cision Distribution 888-776-0942 The World Cities Report 2020 shows that the intrinsic value of sustainable urbanization can and should be harnessed for the wellbeing of all. While these developments pose significant challenges in their own right, they are by no means the only forces of change facing city leaders, as we will now explore. Chicago 09. Cities are categorized as Alpha, Beta or Gamma cities based on their connectivity to the rest of the world. Read The Outlook Plenary Watch the final plenary of Daring Cities 2020 on-demand. There’s no denying that many cities are much quieter places than before. New York, Tokyo, and London claim top three. Courses; APPLY TODAY! One example is Toronto, which climbed nine spots to take second place. This enables city leaders to help garner global-level resources for challenges of a global scale that are experienced at a local level—from pandemic outbreaks to extreme weather events. What is already abundantly clear in the emerging reality is that previous status will not be enough to secure continued global prominence. The European Virus Archive enabled scientists to quickly identify the coronavirus as one of the SARS family and develop a way to detect it in patient samples. New … As they have begun to emerge from the depths of the crisis, the future of cities has become the subject of intense debate. It calculates the brand value of major cities in various countries using the six dimensions of economic growth, culture, governance, environment, talent, and reputation. If multilateral cooperation continues to deteriorate, the very connections global cities rely on, which are central to economic performance and the ability to respond in times of crisis, will be increasingly threatened. By sharing data and giving one another’s cargo shipments priority between Europe and parts of the US, these major coordination hubs aim to improve supply chain operations and efficiency, and gain further economic advantage. The city is no longer a separate economy, but a body of interest closely linked to the development and management of the surrounding areas and the world. For Travmar’s list of the “Top 25 Convention Cities For 2020,” walkability, affordability, safety, exciting tourism options and city assets were all considered. The most recent rankings include 151 cities across all continents, compared to 130 in 2019, reflecting the increasing importance of emerging geographies such as the Middle East, China, and Central Asia. As we have established, international linkages are the lifeblood of global cities, constantly revitalizing and replenishing their resources. In addition, a spring and summer of urban unrest across the United States has highlighted citizen dissatisfaction with many dimensions of city governance, and pressure on local governments is at an all-time high. This edition of the Global Cities Report, now in its 10th year, comes in the wake of one of the most disruptive global emergencies in history: the COVID-19 pandemic. New York City widened its lead over other cities on the Index slightly, receiving its highest score in human capital due to strong performance in number of international schools, international student population, and the new medical universities metric. Knight Frank 2019. The world according to GaWC is a city-centred world of flows in contrast to the more familiar state-centred world of boundaries. Divergent regional trends emerged in this year’s findings: cities in China and the Middle East made a rapid march on those in North America and Europe, even as North America looked poised to overtake Europe on the business activity dimension (see figure 6). North America ranks third, with 93 cities on the list. Incorporating the Global Cities Index (GCI) and Global Cities Outlook (GCO), this year’s results reveal intensifying competition for global status and future prospects in an increasingly fragmented and volatile environment. Depending on where you are in the world, we’re now anywhere from six months to almost a year into the COVID-19 pandemic, and the cities included in the 2020 GCI and GCO are at various stages of response and recovery. Today, as deglobalization takes a deeper hold, the value of their far-reaching connections and resources is actually likely to increase as these links become more scarce. Beijing's rise suggests "the impact of combining stability and growth with aggressive investment in human capital," the report reads. New York City dropped out of the top 25, Washington D.C. and Houston fell from the top 30, and Los Angeles, Philadelphia, and Miami exited the top 50. In other instances, for example in Tokyo and Dubai, the major boosts expected from global events (the Summer 2020 Olympics and Expo 2020) never materialized. Paris’s consistent performance in information exchange (in which it leads the ranking), cultural experience, and political engagement ensured the city’s solid hold on the number 3 position this year. In fact, no fewer than 20 of the Sub-Saharan African countries are found at the bottom quartile of the index. While Beijing’s strong economic growth and human capital investments paid off, the political chaos in Hong Kong undoubtedly dampened its performance across all dimensions, with significant drops in business activity, information exchange, and cultural experience. San Francisco and Boston, formerly two leading cities on the GCO, both lost ground, going from 3 to 11 and 7 to 15 respectively. Shanghai grew by over 7 million people. China made significant improvements in its personal well-being, innovation, and governance scores, while the Middle East’s marked advance was led by the strong emphasis on national transformation and economic diversification in Gulf countries, as well as by continued strong performance in Israel. Tokyo continued its slow but steady improvement on the Index, demonstrating strong year-on-year performance in the business activity dimension. Moreover, Paris and Sydney also have brand values surpassing US$1 trillion. Beijing 06. It also affects the potential for future development of the city because it determines the flow of capital, information, goods, and talent to the city. Vision | Mission Why Global Ed Who We Are Global Scholars. We look forward to seeing how they rise to the challenge, and what next year’s Global Cities Report will bring. Berlin 16. Among them, there are five cities in total with a brand value of over 1 trillion dollars, which is one fewer than the number in 2019. With city rankings not yet incorporating the observed effects of the crisis—or the measures taken in response to it—this year’s report gives city leaders a reference point for assessing where they have come from as they prepare for a very different future. This website uses cookies to ensure you get the best experience on our website.To learn more, read our privacy policy. Although the land of cities cannot be moved, the talent, capital, and enterprises that make up the vitality of cities change every day, which makes the competition among cities on a global scale increasingly fierce. The untethering of work from the office has led some to worry about the suburban sprawl that city planners have spent so long combatting. As the pandemic heads toward its first anniversary, we also identify the major impacts we have observed on global cities so far and outline a series of trends and challenges that decision-makers will have to grapple with in response. The most striking change in the GCI was Beijing’s rise to displace Hong Kong among the top five global cities, suggesting the impact of combining stability and growth with aggressive investments in human capital (see figure 1). The COVID experience has also highlighted some of the deep-rooted inequalities in urban centers, pointing to how they must change. This analysis covers four dimensions—personal well-being, economics, innovation, and governance—which are key determinants of a city’s ability to attract talented human capital, generate economic growth, increase competitiveness, and ensure stability and security, respectively. This time, London maintained its top ranking, but from there all bets were off. Widening the scope across borders this new production will not only include the Dutch fintech scene but highlight developments on a European level as well. Toronto jumped an impressive 9 places to the number 2 spot, driven by a large upswing in innovation and continued strong governance. The report declares New York to be the world's most valuable city, with a brand value of US$2.03 trillion. Taking into account the cumulative effects of the pandemic and other influencing factors, we see the major topics of concern for city leaders now falling into five categories, all of which have added urgency and complexity to the task of formulating an effective response. London, while still in second place, has had a falling score on the Index since 2017. Los Angeles 08. When typing in this field, a list of search results will appear and be automatically updated as you type. Therefore, an evaluation of a city's brand value will provide a clearer judgment and understanding of the city. However, time and again, cities ravaged by disease, disaster, and discord have survived. They also live in more cramped conditions than wealthier residents, and are more likely to suffer from chronic health conditions related to lack of access to clean water or poor air quality. 2020. From a deadly pandemic to a global movement for racial justice, the year 2020 certainly experienced its fair share of world-shifting events. The choices cities make today will shape their trajectories for decades to come—and there’s limited time to deliberate over the right course of action. Coming in third place in Monocle’s survey and fourth in Mercer’s ranking, Munich … It seems that, despite government efforts, the economic benefits of the region’s stunning pace of urbanization have yet to be well distributed. The new Global Resilient Cities Network (GRCN) emerges from the 100 Resilient Cities Program with a unique reach, strength and legacy to understand and support the challenges of the ever-growing urban society. With strategic investment of capital and political will in key areas, progress could be accelerated in a way that has not been seen before, by binding urban planning more closely with economic and social needs, and long-term trends such as climate change. This online study abroad program gives insight into the significant ways in which global cities have been imagined, invented, and transformed by globalization. However, they have to be carefully considered in the context of broader economic strategies. October 27, 2020 – The Community Action Project is a capstone of the Global Scholars program year, allowing students ages 10-13 to apply new skills and knowledge to helping their cities address a global challenge. Finally, we offer our perspective on three vital areas in which leaders must drive innovative progress. Munich, Germany. The much more dynamic results of the GCO, in comparison to the GCI, reveal the fierce competition between global cities to advance their future prospects. Students will examine London’s changing identity as a world city with a particular emphasis on comparing the city's imperial, postcolonial, and transatlantic connections, and the ways in which past and present, local and global intertwine in the capital. 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