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The PricewaterhouseCoopers sixth edition of its "Cities of Opportunity" report recently comes up with a comprehensive new ranking of 30 cities in the world that offer the widest opportunities for the people who live there.
The report also highlighted the increasing competitiveness of emerging cities across several key indicators like intellectual capital and innovation; technology readiness; how accessible a city is to the rest of the world; transportation and infrastructure; health, safety, and security; sustainability and the natural environment; demographics and livability; economic clout; ease of doing business; and cost.
1. London
London has always drawn in the young and ambitious as well as the already successful.
As per the report, the city provides compelling evidence that, despite its high cost of living, it continues to draw in more young and productive talent from across the globe than any other city. And its continued ability to attract talent has been central to its economic growth and to the U.K.'s ongoing economic recovery.
The report also noted that this city has been creating wealth for its citizens, and the world, for hundreds of years.
2. New York
It is indeed not surprising that The Big Apple, New York comes up in this list. This city, best known for withstanding economic headwinds, can boast of its additional lifestyle benefits, as per the report.
The city houses many districts and landmarks that have are well known to the city's approximately 55 million annual visitors. Many well-known colleges and universities are found in this city including Columbia University, New York University, and Rockefeller University, which have been ranked among the top 35 in the world.
3. Singapore
A sovereign city-state and island country in Southeast Asia, Singapore is one of the best cities in the world that gives maximum opportunity.
The economy of Singapore is considered to be one of the highly developed market economies in the world. It's directness to global trade and investment has made easy the materialization of a more competitive financial sector and continues to offer real incentive and ensure economic dynamism.
Singapore is one among the countries with least number of corruptions due to its business friendly environment and high per capita income with low interest rates. Singapore provides an encouraging environment to all the newcomers, irrespective of their gender and nationality.
4. Toronto
Situated on the shore of Lake Ontario, Toronto is home to over two million people. It is Canada's commercial capital and one of the world's top financial centers. The city has a diverse array of public spaces, from city squares to public parks.
The city is also a major scene for theatre and other performing arts, with more than fifty ballet and dance companies. Toronto is also the home to post secondary academic institutions. Toronto, which has a wide range of developmental activities, has today emerged as the best city with most opportunity.
5. San Francisco
The heart of Silicon Valley, San Francisco is the financial and cultural hub of the larger San Jose-San Francisco-Oakland combined statistical area, with a population of 8.5 million.
With its intellectual capital and innovative development, this city is indeed a place loaded with opportunity. San Francisco houses five major banking institutions and various other well-known companies such as Google, Gap, Pacific Gas and Electric Company, Yelp, Pinterest, Twitter, Uber, Mozilla and Craigslist.
It is also a popular tourist destination, known for its cool summers, fog, steep rolling hills, eclectic mix of architecture, and landmarks including the Golden Gate Bridge, cable cars, the former prison on Alcatraz Island, and its Chinatown district.
6. Paris
Well-known as the City of Romance, Paris is one of the most loved destinations by people of all ages. Paris and its region are surrounded with 3,800 historical monuments and four UNESCO World Heritage Sites.
This city is famous for leading business and cultural centers. Its influences in politics, education, media, entertainment, fashion, science, and arts, are all an added features that allures everyone to opt for this city. It is considered as the glamorous city surrounded with younger generation. Thus, residing in this city can be both challenging and inspiring.
Paris has become a pioneer in the smart cities arena. Their most impressive initiatives have been in their complete embrace of shared mobility.
7. Stockholm
The capital city of Sweden, Stockholm is one of the fastest growing cities in Europe, with a massive growth in population and new businesses over the last 15 years. With 897,700 people living in the municipality, 1,372,565 in the urban area, and a total population of 2,163,042 in the metropolitan area, it is also the most populous city in Sweden and Scandinavia.
The major development in this city is mainly attributed to the creation of publicly owned broadband network in the mid-'90s that has further developed a flourishing tech industry to give the world Spotify and DICE Games.
Stockholm is also known for its high living environment quality. The strive to attract the worldâÂÂs greatest talent is becoming more intense every day in this city. For instance, IBM highlights Stockholm as a bright candidate not only for investors but also for the international talent pool.
The report also highlighted the increasing competitiveness of emerging cities across several key indicators like intellectual capital and innovation; technology readiness; how accessible a city is to the rest of the world; transportation and infrastructure; health, safety, and security; sustainability and the natural environment; demographics and livability; economic clout; ease of doing business; and cost.
1. London
London has always drawn in the young and ambitious as well as the already successful.
As per the report, the city provides compelling evidence that, despite its high cost of living, it continues to draw in more young and productive talent from across the globe than any other city. And its continued ability to attract talent has been central to its economic growth and to the U.K.'s ongoing economic recovery.
The report also noted that this city has been creating wealth for its citizens, and the world, for hundreds of years.
2. New York
It is indeed not surprising that The Big Apple, New York comes up in this list. This city, best known for withstanding economic headwinds, can boast of its additional lifestyle benefits, as per the report.
The city houses many districts and landmarks that have are well known to the city's approximately 55 million annual visitors. Many well-known colleges and universities are found in this city including Columbia University, New York University, and Rockefeller University, which have been ranked among the top 35 in the world.
3. Singapore
A sovereign city-state and island country in Southeast Asia, Singapore is one of the best cities in the world that gives maximum opportunity.
The economy of Singapore is considered to be one of the highly developed market economies in the world. It's directness to global trade and investment has made easy the materialization of a more competitive financial sector and continues to offer real incentive and ensure economic dynamism.
Singapore is one among the countries with least number of corruptions due to its business friendly environment and high per capita income with low interest rates. Singapore provides an encouraging environment to all the newcomers, irrespective of their gender and nationality.
4. Toronto
Situated on the shore of Lake Ontario, Toronto is home to over two million people. It is Canada's commercial capital and one of the world's top financial centers. The city has a diverse array of public spaces, from city squares to public parks.
The city is also a major scene for theatre and other performing arts, with more than fifty ballet and dance companies. Toronto is also the home to post secondary academic institutions. Toronto, which has a wide range of developmental activities, has today emerged as the best city with most opportunity.
5. San Francisco
The heart of Silicon Valley, San Francisco is the financial and cultural hub of the larger San Jose-San Francisco-Oakland combined statistical area, with a population of 8.5 million.
With its intellectual capital and innovative development, this city is indeed a place loaded with opportunity. San Francisco houses five major banking institutions and various other well-known companies such as Google, Gap, Pacific Gas and Electric Company, Yelp, Pinterest, Twitter, Uber, Mozilla and Craigslist.
It is also a popular tourist destination, known for its cool summers, fog, steep rolling hills, eclectic mix of architecture, and landmarks including the Golden Gate Bridge, cable cars, the former prison on Alcatraz Island, and its Chinatown district.
6. Paris
Well-known as the City of Romance, Paris is one of the most loved destinations by people of all ages. Paris and its region are surrounded with 3,800 historical monuments and four UNESCO World Heritage Sites.
This city is famous for leading business and cultural centers. Its influences in politics, education, media, entertainment, fashion, science, and arts, are all an added features that allures everyone to opt for this city. It is considered as the glamorous city surrounded with younger generation. Thus, residing in this city can be both challenging and inspiring.
Paris has become a pioneer in the smart cities arena. Their most impressive initiatives have been in their complete embrace of shared mobility.
7. Stockholm
The capital city of Sweden, Stockholm is one of the fastest growing cities in Europe, with a massive growth in population and new businesses over the last 15 years. With 897,700 people living in the municipality, 1,372,565 in the urban area, and a total population of 2,163,042 in the metropolitan area, it is also the most populous city in Sweden and Scandinavia.
The major development in this city is mainly attributed to the creation of publicly owned broadband network in the mid-'90s that has further developed a flourishing tech industry to give the world Spotify and DICE Games.
Stockholm is also known for its high living environment quality. The strive to attract the worldâÂÂs greatest talent is becoming more intense every day in this city. For instance, IBM highlights Stockholm as a bright candidate not only for investors but also for the international talent pool.
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