There are many fascinating categories looked at in the report but we have focused on just one, economic clout. PwC explains that this section looks not just at the city’s ability to generate wealth, but in its influence outside the city walls.
PwC states: “What is central to the rankings here is the actual clout a city’s economy gives it, not merely the cumulative potency of the economy itself. In that sense, this category assesses what has always been the historical understanding of urban strength: a city’s dominion beyond its borders.”
The report looked at six categories:
- Number of Global 500 company headquarters
- Financial and business services employment
- Attracting FDI: Number of Greenfield projects
- Attracting FDI: Capital investment
- Productivity
- Rate of real GDP growth
