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PWC Cities of Opportunity

PWC Cities of Opportunity

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Published by: aqua01 on Sep 01, 2010
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03/25/2012

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Cities of opportunity
 
Cover photos:Top: Central Park, New York CityBottom: Shanghai South Railway Station
www.pwc.com
© 2010 PricewaterhouseCoopers LLP. All rights reserved. “PricewaterhouseCoopers” refers to PricewaterhouseCoopersLLP, a Delaware limited liability partnership, or, as the context requires, the PricewaterhouseCoopers global network orother member firms of the network, each of which is a separate and independent legal entity.
www.pfnyc.org
© 2010 The Partnership for New York City, Inc. All rights reserved.
 
 A window on city life at a time of transformation…
Cities of Opportunity 
presents a rich viewof city life at an important point in time.While many significant challenges remainthe worst of the economic downturn mayhave passed. Growth is returning to manyparts of the world. Forward-looking actionon key social and economic issues canmake major advancements for many. Asthe home to most of the world’s populationand intellectual and economic capital,cities will be at the forefront of progress.Education, energy, transportation, wasteand water, health care, sustainability andurban migration are just a few of the areaswhere significant gains can be made formany if wise policies are pursued by theworld’s leading cities.It is in this light that
Cities of Opportunity 
 takes both a quantitative and qualitativelook at the emerging picture of city lifeRobert MoritzChairman and Senior PartnerPricewaterhouseCoopers LLPLloyd BlankfeinChairman and CEOGoldman Sachs & Co.Co-ChairmanPartnership for New York CityRupert MurdochChairman and CEONews CorporationCo-ChairmanPartnership for New York CityYours truly,in 21 capitals of business, finance andculture worldwide. To a great extent, thesuccesses and shortcomings that surfacein the study substantiate the central thesisof our research: the more well-balanced acity is for both businesses and residents,the better it will fare.Chicago, Stockholm, Toronto, Sydney,Singapore, London and New York are a fewof the cities that demonstrate this healthybalance for businesses and residents.In different ways, each city shows thatquality of life is a tangible economic asset.The study also shows that progress is notlimited to mature cities. Interviews withthe leaders of São Paulo and Mumbai, forinstance, show they are facing up to theirown issues of rapid growth and provisionof basic services. And as they do, the citiesare working to advance their economiesand quality of life.
Cities of Opportunity 
may prove most usefulfor businesspersons and policymakers as agood orientation point on the move towarda city-centered world. The study takes noticeof the actions and policies that are workingbest for the common good, and its insightswill prove valuable in that context.The urbanization of the world touches all ofus in business, government and everydaylife. This will increase in the future as theglobal proportion of city population continuesto grow. It benefits all to adapt actions andapproaches that promote the greatest good.

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