Daily Management Review

Ten smartest cities in the world


11/03/2017


The Globalization Center and the IESE Strategy published the annual updated IESE Cities in Motion Index (CIMI).



Terabass
Terabass
The annual Cities in Motion Index of the IESE business school is considered to be one of the most complete in terms of geographic coverage and volume of data processing. The authors of the study evaluate both strategies adopted for development of cities, and steps taken to improve the lives of citizens. The rating is made on the basis of 10 key areas: economy, technology development, human capital, ecology, social cohesion, mobility and transport, urban planning, administration and management.

The list of Cities in Motion Index includes 180 cities (73 of them are capitals) from 80 countries. Below are the 10 "smartest" cities in the world.

10. Amsterdam, the Netherlands

CIMI index: 82.86

Amsterdam is the capital and largest city of the Netherlands. The city is a place of concentration of different cultures. Amsterdam is also the financial and cultural capital of the Netherlands. It hosts headquarters of 7 of the world's 500 largest companies, such as Philips and ING Groep. Also there’s the world’s oldest stock exchange in the center of the city.

The most famous attractions - Rijksmuseum, Vincent Van Gogh Museum, City Museum, Hermitage Amsterdam, red light district (De Wallen) - annually attract about 4.2 million tourists to the city.

9. Berlin, Germany

CIMI index: 83.40

Berlin is the capital and the largest city in Germany, the second most populous (after London) and the fifth largest city in the European Union. Today, Berlin is a world cultural center. It is a major European transport hub and one of the most visited cities on the continent.

Universities, research institutes and museums of Berlin are known all over the world. The city is home for artists, diplomats and immigrants from all over the world. Berlin closes the top 10 cities by the parameter "social cohesion".

8. Tokyo, Japan

CIMI index: 84.85

Tokyo is the capital of Japan, its administrative, financial, cultural, industrial and political center, the largest urban economy in the world and the leading Japanese and international information center.

Main offices of 80% of all Japanese newspapers and publishers are located in the capital. In Tokyo, there are many colleges, vocational schools and universities, including such most prestigious as Tokyo University, Tokyo (United) Metropolitan University, Hitotsubashi University, Tokyo Institute of Technology, Waseda University and Keio University.

Tokyo ranks 6th in the world by the parameter "human capital". In addition, the city was on the 8th place by the "ecology" parameter, and on the 6th - by the "economy."

7. Seoul, South Korea

CIMI index: 84.91

Seoul is the capital of the Republic of Korea.

It is the main political, economic and cultural center of the Republic of Korea, and one of the leading financial centers of East Asia. Today, the city's population is a quarter of the population of South Korea, Seoul is among the top ten cities in the world in terms of the number of corporate headquarters on the list of the 500 largest transnational corporations.

6. Washington, USA

CIMI index: 86.10

Washington is the capital of the United States of America.

The city hosts main offices of all three branches of the federal government, including the residence of the US president in the White House, as well as many monuments and museums of national importance. There are dozens of embassies, headquarters of the World Bank, the International Monetary Fund, the Organization of American States, the Inter-American Development Bank, the Pan American Health Organization.

Washington ranks 7th in the world by the "economy" parameter, and takes the third place by "capital". 

5. San Francisco, USA

CIMI index: 88.46

San Francisco is a city and a county in the state of California, USA.

It is a world tourist center, famous for its summer cold fogs, steep hills and a combination of Victorian and modern architecture. Sights of the city include the Golden Gate Bridge, Alcatraz Island, the cable car system, the Coit Tower and the Chinatown. The city took the second place in the world by "economy" parameter.

4. Boston, United States

CIMI index: 88.90

Boston is the capital and largest city of Massachusetts, the US. Boston is also the largest city in the region, known as New England, and one of the oldest and richest cities in the country.

The most important sectors of the city economy are financial, banking and insurance. So, Boston hosts headquarters of Fidelity Investments, Sovereign Bank and State Street Corporation.

The city is also one of the largest publishing centers in the US, there are publishing houses such as Houghton Mifflin Harcourt, Bedford-St. Martin's and Beacon Press.

3. Paris, France

CIMI index: 91.97

Paris is the city, the capital of France, the administrative center of the Ile-de-France region, the main political, economic and cultural center of France. It is referred to global cities, world financial centers. Paris is the most important economic center of France, it produces 10% of the country's GDP.

2. London, United Kingdom

CIMI index: 98.71

London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland. The main political, economic and cultural center of the United Kingdom. London belongs to the global cities of the highest rank and the leading world financial centers. Its economy is the fifth part of the country's economy.

1. New York, USA

CIMI index: 100

New York is the largest city in the United States, one of the largest agglomerations in the world. The population of the city is 8 405 837 people. New York is an important global financial, political, economic and cultural center. Along with London and Tokyo, it is called one of the three main centers of the world economy.

source: citiesinmotion.iese.edu