Competitive Madrid outflanks Barcelona

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MADRID has been ranked 28th overall in global city competitive rankings just released, while Barcelona was 41st.

The index ranked the competitiveness of 120 of the world´s major cities according to:

– Economic strength

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– Global appeal

– Financial maturity


– Institutional effectiveness

– Social and cultural character


– Human capital

– Environment hazards  

New York came out overall top followed by London, Singapore and then Paris.

But individually in the global appeal section, Barcelona finished in a lofty ninth position, and Madrid 12th.

London was also top in this section, followed by Paris, Tokyo and Singapore, and with New York in 8th spot.

US and European cities – accounting for 24 of the top 30 city rankings – are the most competitive, despite concerns over ageing infrastructure and large budget deficits.

But London´s The Economist Intelligence Unit´s Global City Competitiveness Index for 2012 – commissioned by Citigroup – found that emerging market cities including Ahmedabad in India and Tianjin in China have the potential to competitively catch up.




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