Cities are crucial to economic development. Economists increasingly argue that clustering, concentration, and density are as important as land, labour, and capital when it comes to shaping economic growth, reports US magazine The Atlantic.
This map shows the ten most economically powerful' cities, according to an index developed at the Martin Prosperity Institute at the University of Toronto.
The index combines three key aspects of a city's economic influence: its economic output, its financial power (based on the Global Financial Centers Index), and innovation, based on the level of patent activity in the city. In each case, the icons highlight the most important drivers of each city's power.
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UK to have highest inflation among advanced economies this year and next, says IMFThe International Monetary Fund (IMF) says it expects inflation to remain high in the UK, while lowering economic growth forecasts for 2026.
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Park Plaza: the perfect calm in AmsterdamEnjoy a peaceful stay in the vibrant and largest city of the Netherlands - and why the Park Plaza, Vondelpark, could be the perfect stop for anyone looking for a bit of calm while still able to enjoy all that Amsterdam has to offer.
