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Philly ranks 30th on global city competitiveness list

Philadelphia ranked 30th overall, just behind Dallas, Dublin, Madrid and Seattle and ahead of Berlin, Atlanta, Oslo and Brussels, in The Economist Intelligence Unit's report Hot Spots: Benchmarking Global City Competitiveness. We were tied for 10th when it came to institutional effectiveness with a bunch of other American cities and 16th when it came to human capital.

Size alone does not determine a city’s growth potential. While some megacities, such as New York and Tokyo, are immensely influential, there are smaller ones, such as Hong Kong and Singapore, which have established themselves as globally competitive centres in recent years. Meanwhile, emerging market cities such as Ahmedabad and Tianjin are witnessing double-digit economic growth and have the potential to grow even faster.

Original source: The Economist
Read the full story here.

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