The Global Urban Competitiveness Report – 2011

The Global Urban Competitiveness Report – 2011

Pengfei Ni

the competitiveness of 500 cities around the world. This one-of-a-kind annual resource draws on a wealth of data sources, all of which are described and assessed. Using a sophisticated methodology and a team of 100 researchers from the Chinese Academy of Social Sciences, the book not only ranks these cities but also presents a treasury of information with regard to the strengths and weaknesses of each city in relation to each other. The book includes a full discussion of the factors that create urban competitiveness and what sorts or categories of cities are most competitive, and comments on the policies and initiatives that are adopted by the most competitive cities.

Chapter 5: Urban Competitiveness Analyses of Several Group of Cities

Pengfei Ni

Subjects: economics and finance, public sector economics, urban economics, urban and regional studies, urban economics


5. Urban competitiveness analyses of several groups of cities In this chapter, independent analysis is conducted on selected sample cities, including 100 financial center cities, 100 technological center cities, 116 political center cities (capital cities), 89 port cities, and 100 manufacturing center cities, which are examined in comprehensive competitiveness, factor competitiveness, and future potential. Comprehensive competitiveness is measured by six indicators, including green GDP (all GDP in this report refer to green GDP), GDP per capita, GDP per square kilometer, GDP growth, technology innovations, and multinational corporation index. Factor competitiveness is measured by six explanatory indicators, i.e. enterprise quality, factor supply, local market, inner structure, public institution, and global connection. URBAN COMPETITIVENESS ANALYSES OF FINANCIAL CENTER Financial center cities can better allocate social capital under market-oriented principles through three functions, i.e. funds aggregation and intermediation within a country or a region, price discovery of all financial products, and financial risk transfer. Stock exchanges and bank headquarters are usually located in financial center cities. This provides convenient financing channels for development of the region and centralizes resources in neighboring areas, which help to secure enhancement of the city’s competitiveness. Throughout the world, financial center cities are usually formed in cities with developed economies, convenient transportation and communication, as well as relative concentration of financial talents, no matter whether it is New York, London or Singapore. The Comprehensive Competitiveness of Financial Center Comprehensive competitiveness: North America and Asia leads in quantity, and the US excels in both quantity and quality Table 5.1...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information