World's most economically powerful cities and Corrupt

by Barry Artiste | July 25, 2008 at 08:42 am | 330 views | 8 comments

Opinion
Barry Artiste. Now Public Contributor

The most corrupt cities in the world, will certainly not be too pleased, and some cities may surprise you.  What is surprising is Toronto "Beat" out Madrid, Spain; Philadelphia and Mexico City, and as anyone who follows NHL Hockey, it has always been said Toronto can't beat anybody!

http://www.financialpost.com/reports/story.html?id=675019

World's most economically powerful cities

Joshua Zumbrun, Forbes  Published: Thursday, July 24, 2008

Toronto only narrowly edged out Madrid, Spain; Philadelphia and Mexico City, Mexico, to hang on at No. 10. Toronto is still the economic heart of one of the world's wealthiest countries, and it's projected ...

What's the world's most economically powerful city?

If you picked New York or Tokyo, you'd be wrong.

But when Forbes.com set out to measure the world's most powerful cities, the lack of useful data was surprising.

For sovereign nations, it's easy to find measures of almost every variable imaginable -- gross domestic product (GDP), inflation, money flows and other metrics. After all, the United Nations, the World Bank and the International Monetary Fund all deal with governments at the national level. But for corporations, cities and their economies matter most, since picking the right city will be the key to prosperity in the future.

In Pictures: The World's Most Economically Powerful Cities

In Pictures: The World's Fastest-Changing Markets

In Pictures: Top Ten Billionaire Cities

In Pictures: The Best Countries For Business

In Pictures: The World's Most Corrupt Countries

Corporations, and even individuals, have to weigh the size of a city's economy compared to how it will be in the future and consider the potential growth in the intervening years. For that matter, they have to judge whether it's worth it to settle for a city that has high growth prospects but turns out to be a lousy place to live.

 

 

Add a comment Comments (8)

René
good stuff:

This looks good. Going to explore these top choices for the 'thumbs up and the thumbs downs'.

FionaSara
good stuff:

Given the withering condition of the nation-state in today's globalized society, should we also look at the corruption indexes of multi-national corporations as well?

Barry Artiste

Thanks Rene and Fiona for your comments and flag, certainly and eye opener, as for corporations, well Fiona as much as that would be nice, lawsuits aplenty would result and media who dare to publish it.  It would be nice to know though. :o)

infomatique
good stuff:

Barry Artiste, I like this story. It's good stuff.

I find it hard to believe that Ireland is the second best country for business. I know that it is one of the most open economies in the World but our population is less than 5 Million (for the whole Island). I would have thought that voting against Lisbon whould not have helped.

The Corrupt list is what what I expected but the Billionaire list certainly included some surprises (to me).

Barry Artiste

Certainly an eye opener to many of us Informatique. thanks for dropping by and flagging this story,

Paschen
good stuff:

Barry Artiste, I like this story. It's good stuff.

Luiz Castro
good stuff:

Barry Artiste, I like this story. It's good stuff. Another good piece! Thank you for sharing!

Barry Artiste

Thanks Paschen and Castro, quite the eye opener I must say, and Castro thanks for the photos

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July 25, 2008 at 08:42 am by Barry Artiste, 330 views, 8 comments

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