The Atlantic has started a new website, theatlanticcities.com, focused entirely on issues and opportunities presented by the world’s cities. I’d encourage you to make it part of your regular surfing day. As usual, the magazine is offering interesting, information-rich articles on this website, and you’ll learn a great deal about the problems cities face and some of the innovative solutions being tried throughout the world.
In a new article on the 25 most economically powerful cities, writer Richard Florida makes the point that cities, not nations, are the real economic engines of the world. American cities, for example, account for nearly 90 percent of U.S. economic output and 85 percent of the nation’s jobs.
I’d encourage you to read Florida’s article. Below is the list he offers. You’ll see that economic output is not the only criterion for ranking the cities. To learn more about how the ranking is done, read the article.
Surprisingly, despite all of Japan’s economic troubles over the past 20 years, Tokyo is the world’s strongest economic engine.
The 25 most economically powerful cities
|2||New York||$1.1 trillion|
|7||Hong Kong||$211 billion|
|10 (tie)||Washington, D.C.||$218 billion|
|10 (tie)||Seoul||$299 billion|
|15||Sao Paulo||$225 billion|
|16||Mexico City||$315 billion|
|18 (tie)||Melbourne||$135 billion|
|18 (tie)||Singapore||$129 billion|
|22 (tie)||Vienna||$93 billion|
|22 (tie)||Shanghai||$139 billion|
|23||Buenos Aires||$245 billion|
|25 (tie)||Stockholm||$49 billion|
|25 (tie)||Dublin||$76 billion|