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Global Cities Index
Context
A recent report from Oxford Economics has evaluated cities worldwide based on various factors like economic output and quality of life. Surprisingly, no Indian city made it into the top 300, with Delhi ranking the highest at 350.
Key Findings
- The report ranks cities across 163 countries on parameters like economics, human capital, quality of life, environment, and governance.
- New York topped the list, followed by London and San Jose.
- New Delhi ranked 51st in human capital, surpassing cities like Geneva and Canberra. However, Sultanpur in Uttar Pradesh scored poorly in multiple categories, ranking last overall.
- The index contains five categories: Economics, Human Capital, Quality of Life, Environment, and Governance, which are aggregated to create an overall score for each city.
- Economics is measured by GDP size and employment opportunities
- Quality of life considers life expectancy and housing costs
- Human capital assesses education and skills
- Environment looks at air quality and emissions intensity
- Governance measure political stability of a city and protection of residents’ rights
- Implications
- Global Impact: The 1,000 largest cities contribute significantly to global GDP and population.
- Regional Disparities: South Asian cities ranked lowest in most parameters, with North America leading in quality of life.
- Future Challenges: Migration, housing crises, and healthcare infrastructure could affect rankings. Climate change poses additional threats, impacting multiple categories due to rising temperatures and natural disasters.
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