Cities in competition the future
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Cities in Competition : The Future. Summary and Evaluation of the Competitiveness Study commissioned for Citibank by the Economist Intelligence Unit and its ’ results relating to Budapest. Competitiveness : the past.

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Cities in competition the future

CitiesinCompetition: The Future

Summary and Evaluation of theCompetitiveness Study commissionedforCitibank by the Economist Intelligence Unit and its’ resultsrelatingto Budapest


Competitiveness the past

Competitiveness: thepast

Inthepast, city-statescompetedforeconomic and territorialinfluence:

  • Babylon (17th-18th century BC)

  • Mesopotamia

  • Sparta-Athens (6th- 3rd century BC)

  • Greekcity-states

  • Venice- Padova (14th century AD)

  • Italian city-states


Competitiveness the present

Competitiveness: The present

  • The FrenchRevolutionbroughtabouttheracebetweennations , whichlastsuntiltoday

  • However, 50% of theEarth’spopulationalreadylivesincities, and

  • Citiesproduce 80% of theworld’s GDP


Competitiveness the future

Competitiveness: The Future

  • Inthefuture, citieswillonce again competewithoneanother:

    • Dubai

    • New York

    • London

    • Moscow

    • Berlin

    • Budapest


The eiu study

The EIU study

  • Citibank commissionedthe Economist toproduce a reportontheglobalcompetitiveness of citiesaccordingtothefollowingcriteria and weights:


The results 1

The Results 1.

  • European and American citiesarethe most competitive, inspite of theiraginginfrastructure and budgetdeficits

  • Asia’seconomicgrowth is mirroredinthecompetitiveness of theircities

  • African and South American citiesaretheleastcompetitive


Results 2

Results 2.

  • Anysized city can be competitive, howeverpopulationdensityaffectsthecompetitiveness of largecities.

  • The fastest-growingcitieshave a population of 2-5 million


Results 3

Results 3.

  • The biggestadvantage of citiesinthedevelopedcountries is theirabilitytoattracttalent :

    „I have long believed that talent attracts capital far more effectively and consistently than capital attracts talent.”

    -MichaelBloomberg, Mayor of New York

  • Infrastructureinvestmentsindevelopingcitieswilldeterminetheirgrowth, howevertheywillneed more tobecomeattractivetotalent.


Budapest on the list

Budapest onthelist

25. Vienna

39. Beijing

40. Dubai

41. Barcelona

46. Prague

50. Rome

53. Warsaw

55. Budapest

58. Moscow

59. Tel-Aviv

  • 60. Buenos Aires

  • 61. Bangkok

  • 66. Cracow

  • 71.Mexico City

  • 72. Athens

  • 74. Istambul

  • 76. Bukarest

  • 76. Rio de Janeiro

  • 100.S.Petersburg

  • 108.Kiev

  • 120.Teheran

  • New York

  • London

  • Singapore

  • Paris

  • Hong Kong

  • Tokyo

  • Zürich

  • Washington

  • Chicago

  • Boston

http://johomaps.com/world/worldcities.html


Cities in competition the future

Budapest: The numbers


Budapest regional comparison

Budapest – RegionalComparison


Budapest compared

Budapest – Compared


Budapest a city we can build on

BudapestA city wecanbuildon!

  • Budapest’scompetitivenessaffectsthe country aswell:

    • The city produces 40% of Hungary’s GDP

    • The only „metropolis” inthe country, region

    • The advantages of Budapest:

      • Has a usableshipping route (Danube)

      • Many highwayslead to the city

      • Excellentlocation- situated along a European transit route

      • Has an international airport

      • Diverse economic structure

      • European-level schools, universities

      • Vibrant cultural life


Cities in competition the future

Areasfordevelopment:

  • Economicstrength

  • Human resources

  • Financial maturity

Human Capital, talentcompetitiveness

  • Budapest’ssuccess = Hungary’ssuccess


Thank you

Thankyou!

Photos: Wikipedia.org


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