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Forum nameGeneral Discussion
Topic subjectNew York Is the World's Most Economically Powerful City
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=12740523
12740523, New York Is the World's Most Economically Powerful City
Posted by Mongo, Tue Mar-03-15 10:28 AM
You hear that in the distance?

It's the OKP Hate Dams rapidly cracking open.

THE FLOOD IS COMING

http://www.citylab.com/work/2015/03/sorry-london-new-york-is-the-worlds-most-economically-powerful-city/386315/

Sorry, London: New York Is the World's Most Economically Powerful City

New York and London are both powerhouse cities, competitive in everything from fashion, music, and finance, to now even start-ups and high tech. In recent years, the long debate over which is the world’s most economically powerful city has reached something of a fever pitch. In 2012, London Mayor Boris Johnson (who was born in New York City and is, for now, still a dual citizen) debated members of the Bloomberg administration on this score. And earlier this month in London, Harvard economist and native New Yorker Edward Glaeser suggested his hometown is fast losing its status to London. Indeed, London should be congratulated for its remarkable run over the past couple of decades, even as the U.K.’s economy has sputtered.

But the newest ranking of the world’s most economically powerful cities put together by my Martin Prosperity Institute (MPI) research team finds New York to be the clear winner.

Our updated version of the Global City Economic Power Index (we introduced the original version in 2012) is based on five core metrics:

Overall Economic Clout: We evaluate overall economic activity by gross domestic product (GDP) as measured by the Brookings Institution in their Global Metro Monitor Map.

Financial Power: We gauge global financial power based on think tank and consultancy Z/Yen’s Global Financial Centres Index, which gauges the strength of a city’s finance and banking industries.

Global Competitiveness: Here we use two measures. The Global City Competitiveness Index , by The Economist, includes 32 indicators of economic strength, physical capital, financial maturity, institutional character, human capital, global appeal, social and cultural character and environment and natural hazards. The Global Cities Index from consulting firm A.T. Kearney tracks business activity, human capital, information exchange, cultural experience, and political engagement in metros.

Equity and Quality of Life: Lastly, we include a measure of equity and quality of life, The United Nations' City Prosperity Index , which measures prosperity along five dimensions: productivity, infrastructure, quality of life, equity and social inclusion and environmental sustainability.

We calculate a city’s total score across these five indices, with 10 points awarded to a first place ranking, nine to a second place rank and so on.
12740527, foreign investors and tax-incentive driven development be helpin
Posted by T Reynolds, Tue Mar-03-15 10:29 AM
12740529, And Hong Kong, and Dubai, and Kuala Lumpur © brother SoWhat
Posted by T Reynolds, Tue Mar-03-15 10:30 AM
12740716, why compare NYC to Peoria?
Posted by SoWhat, Tue Mar-03-15 12:35 PM
compare it to similar cities like...

12740759, lol
Posted by legsdiamond, Tue Mar-03-15 12:59 PM
12740530, dirty. 4500 for a studio. water is wetter. crime.
Posted by teefiveten, Tue Mar-03-15 10:30 AM
music sucks now anyway.
unemployment in NYC stats.
Money and Violence

just starting the shitlist brigade
12740549, our women are haggard and vicious.
Posted by Mongo, Tue Mar-03-15 10:41 AM
our nightlife sucks.

our university system pumps out half-blind fuckCHUDS who shouldn't be allowed near open flame or small children.
12740581, Halal Guys went up to 7 bucks a plate.
Posted by micMajestic, Tue Mar-03-15 10:58 AM
>our nightlife sucks.
>
>our university system pumps out half-blind fuckCHUDS who
>shouldn't be allowed near open flame or small children.

Actually that's something I'm really bothered by. Nevermind........

Let my love slide in and never slip out
12740562, But how do you know it's the most powerful in the Universe?
Posted by Buddy_Gilapagos, Tue Mar-03-15 10:47 AM
There are billions of other planets. Are you sure for a fact that there aren't other cities in the known Universe which aren't more economically powerful!?!!?

**********
"Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson

"One of the most important things in life is what Judge Learned Hand described as 'that ever-gnawing inner doubt as to whether you're r
12740577, SKELETOR COULDN'T AFFORD RENT IN PARK SLOPE
Posted by Mongo, Tue Mar-03-15 10:54 AM
12740574, *looks for citylab on snopes*
Posted by teefiveten, Tue Mar-03-15 10:53 AM
.
12740578, *puts ear to the ground*
Posted by lfresh, Tue Mar-03-15 10:54 AM
THEY'RE COMING

*holds on for dear life*
~~~~
When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries.
~~~~
You cannot hate people for their own good.
12740620, *cracks open one eye*
Posted by lfresh, Tue Mar-03-15 11:19 AM
*slowly relaxes*
*waves small banner*

we're #1!
we're #1!
~~~~
When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries.
~~~~
You cannot hate people for their own good.
12740717, it sure is.
Posted by SoWhat, Tue Mar-03-15 12:35 PM
12740752, ...
Posted by lfresh, Tue Mar-03-15 12:56 PM
...
























...we're #1!
~~~~
When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries.
~~~~
You cannot hate people for their own good.
12740761, I thought it was always #1
Posted by legsdiamond, Tue Mar-03-15 01:00 PM
12740825, Stop trying to convince yourself to stay Mongo LA is a callin
Posted by astralblak, Tue Mar-03-15 01:45 PM
but Ike doesn't want you here, so IDK
12740830, *cradles empty box of Ray's Pizza*
Posted by Mongo, Tue Mar-03-15 01:47 PM
12741732, ^^^ almost lost, detroit
Posted by imcvspl, Wed Mar-04-15 10:44 AM

█▆▇▅▇█▇▆▄▁▃
Big PEMFin H & z's
"I ain't no entertainer, and ain't trying to be one. I am 1 thing, a musician." � Miles

"When the music stops he falls back in the abyss."
12741725, NY cost of living though.....
Posted by massoul, Wed Mar-04-15 10:41 AM
gotdamn ridiculous.....