Munich: a Globally Fluent Metropolitan Economy
Munich: A globally fluent metropolitan economy A case study for the Global Cities Initiative : A Joint Project of Brookings and JPMorgan Chase by Greg Clark and Tim Moonen November 2014 Introduction to the Global Fluency project of the In the first round of research, the team tested the Global Cities Initiative validity of the 10 traits hypothesis by preparing case studies on 42 metropolitan areas, verifying their Between autumn 2012 and spring 2013, as part of findings with local experts. The case study cities were: the Global Cities Initiative, Brookings’ scholars based Bangalore, Barcelona, Bilbao, Boston, Brisbane, Busan, in Washington, D.C., and London began to formulate Cape Town, Chicago, Colombo, Denver, Greenville, the idea of ‘global fluency’ and the traits cities require Hamburg, Helsinki, Istanbul, London, Los Angeles, to achieve it. The project evolved from the observation Mexico City, Miami, Milan, Minneapolis-St. Paul, that in an increasingly interconnected world economy, Moscow, Munich, Nairobi, Nanjing, New York, Omaha, cities exhibit different degrees of global understanding, Oslo, San Antonio, San Francisco, San Jose, São Paulo, competence, behaviour and reach that affect how Seattle, Shenzhen, Singapore, Sydney, Tel Aviv, Tokyo, they optimize their role in globalization and ultimately Toronto, Vienna, Washington, DC, Wichita and Zurich. impact on future progress. This first phase of the project produced a number of The target audience is metro area leaders and important insights: economic development practitioners who desire to • Cities at are at different stages in the path towards be more intentional about the global futures of their seamless engagement with global markets. They regions.
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