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Cities of Opportunities 2012 - http://www.metrecarre.ma

Cities of Opportunities 2012 - http://www.metrecarre.ma

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http://www.metrecarre.ma
http://www.metrecarre.ma

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Published by: metrecarre on Jun 27, 2013
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Cities of Opportunity 
 Abu DhabiBeijingBerlinBuenos AiresChicagoHong KongIstanbulJohannesburgKuala LumpurLondonLos AngelesMadridMexico City MilanMoscowMumbaiNew York ParisSan FranciscoSão PauloSeoulShanghaiSingaporeStockholmSydney TokyoToronto
 
Cities of Opportunity 2012
analyzes the
trajectory of 27 cities, all capitals of nance,
commerce, and culture—and through theircurrent performance seeks to open a windowon what makes cities function best. This year,we also look ahead to 2025 to projectemployment, production, and population patterns, as well as “what if” scenarios that prepare for turns in the urban road.
Cover image: Traalgar Square and Nelson’s Monument in London
www.pwc.com
©2012 PwC. All rights reserved. “PwC” and “PwC US” reer to PricewaterhouseCoopers LLP, a Delaware limited liability partnership,which is a member frm o PricewaterhouseCoopers International Limited, each member frm o which is a separate legal entity. Thisdocument is or general inormation purposes only, and should not be used as a substitute or consultation with proessional advisors.
www.pnyc.org
©2012 The Partnership or New York City, Inc. All rights reserved.
 
 Looking to the future of 27 cities at the center of the world economy 
Robert MoritzChairman and Senior PartnerPricewaterhouseCoopers LLPKenneth I. ChenaultChairman and CEO American Express Co.Co-chairmanPartnership for New York City Terry J. LundgrenChairman, President and
Chief Executive Ofcer
 Macy’s Inc.Co-chairmanPartnership for New York City 
Yours sincerely,
In this fth edition of 
Cities of Opportunity 
,PwC and the Partnership for New York City again examine the current social and economicperformance of the world’s leading cities. Wealso add a future dimension that probes theshape of city economies to come. Together,looking at 2012 results and ahead towardthe possibilities in 2025, we seek to providea realistic framework for thought and action
beginning with 27 of the world’s most signi
-cant cities—on one hand, the engine of themodern global economy and on the other,the heart of much of our shared culture.
 It is precisely because of the importance of cities
and the need to deepen knowledge of urban issues that we undertake the study. Theeffort to question and understand where cities
are and where they are headed benets all
of us in a world urbanizing like never before.
This includes the ofcials and policymakers
setting the course, businesses invested in city  well-being, and the citizens who build theirlives in thousands of city neighborhoods world- wide, rich or poor, picturesque or prosaic.
Statistics tell some of the story:
Today, our27 cities account for nearly 8 percent of worldgross domestic product (GDP) but only 2.5 percent of the population. By the quarter-century, they will house 19 million moreresidents, produce 13.7 million additional jobs, and generate $3.3 trillion more in GDPif population follows UN projections andeconomic progress remains modest. As growthoccurs, the symbiotic relationship betweenEast and West is likely to continue: Emergingcities will skyrocket in jobs and population,but developed cities will retain the spendingpower, as well as the consumer and corporatedemand, to drive growth. One side will stillneed the other to move ahead.Meantime, our analysis shows that eachcity represents an economic ecosystem in itsown right, built around mutually supportiveeconomic and social strengths as well as anintertwined fabric of jobs—not just the profes-sionals in bright skyscrapers but all those whoturn the lights on every morning from retailersand teachers to nurses and cooks, from crime
ghters to street cleaners. Maintaining healthy 
balance is a cornerstone of urban resilience.
Our jobs analysis also reveals surprising  patterns,
vulnerabilities, and dependencies,as cities journey toward 2025 with more thana few clouds on the horizon. To come to grips with some of this uncertainty, “what if”scenarios test the future of our cities underdifferent conditions. The clouds hold silverlinings for some cities in terms of greateremployment and wealth. But storms roll in forothers. The differing “what if” scenarios stress
the need for exible thinking simply to deal
 with foreseeable changes, not to mentionthe unexpected turns.
To esh out the empirical picture, we spoke
to a broad scope of leaders on issues from thelong range and philosophical to the practicaland immediate. This includes E.O. Wilson, thenaturalist; Bill Bratton, former New York andLos Angeles head of police; Narayana Murthy,founder of Infosys; Andrew Chan and PeterChamley, two leaders of the global engineering
rm Arup, based in Hong Kong and London,
respectively; Wim Elfrink, Cisco’s head of Smart + Connected Communities; and DavidMiller, former Toronto mayor and WorldBank special advisor on urban issues.
 All in all, we hope to provide insigh
intoan urban world in which all of us are “in ittogether,” making as strong a case for jointthought and action among cities as there isfor self-interest and competition.

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