Drawing on evidence from across the world, this report provides insights for cities that are beginning a new phase of international orientation.
Cities, trade, and mobility invent and reinforce each other. Metropolitan areas around the world have a rich and accelerating record of global economic engagement.
While some cities have been immersed in globalised transactions for centuries, others are just beginning their own international journeys and experiments.
This report provides insights for three kinds of metropolitan cities that are forging their futures in a globalising economy:
- Established cities in developed nations.
- Larger cities in emerging economies.
- Cities recovering from long-term political turmoil or “regime change”.
The report goes on to provide an important framework for metropolitan leaders to gauge their global starting point, manage the negative effects of globalisation and secure a desired economic future for their city.
This paper was prepared for the Brookings Institution and Centre for London by Greg Clark and Tim Moonen. Based on previous work by Brad McDearman, Greg Clark, and Joseph Parilla.