News | 21 May 2024
Oxford Economics Launches Global Cities Index
Oxford Economics is proud to launch the Global Cities Index, a ground-breaking initiative that offers comprehensive evaluation of the world’s 1,000 largest urban economies. This comprehensive index, developed by a team of leading economists, provides unparalleled insights into the multifaceted nature of urban environments worldwide.
The Global Cities Index assesses cities based on 27 indicators across five categories: Economics, Human Capital, Quality of Life, Environment and Governance. By leveraging Oxford Economics’ Global Cities Service and other publicly available datasets, the index allows direct comparison of cities and provides a nuanced understanding of each city’s strengths and areas for improvement.
Mark Britton, Director of City Services at Oxford Economics, says, “Cities are the epicentres of human civilisation, where innovation, diversity and progress converge. However, the complexity of urban dynamics often obscures our understanding of what makes a city truly successful. Our Global Cities Index provides a consistent framework for assessing the strengths and weaknesses of the largest 1,000 cities across the world, and when coupled with our forecasts, it enables organisations and policymakers to make more informed strategic decisions.”
While the Index scores cities based on how they are performing now, there is potential for significant movement within the rankings in the coming years, as the 1,000 Global Cities navigate the concurrence of several global trends. “These include economic turbulence, political instability, high debt levels, trends in globalisation, pressures on healthcare and housing and the effects of climate change.”
Media enquires
Please contact Shreena Patel at spatel@oestaging.oxfordeconomics.com.
Authors behind this report
Mark Britton
Director, City Services
Mark Britton
Director, City Services
London, United Kingdom
Mark Britton is a Director within Oxford Economics’ Cities Team. He leads a team of economists to provide clients with global city-level forecasts and research through a range of subscription products and consultancy projects.
Mark has 20 years’ experience in regional forecasting, model building and economic analysis for a broad range of clients across both the public and private sectors. He has a keen interest in developing quantitative solutions using a range of data science, econometric and geospatial techniques to provide organisations around the world with the tools to make more informed location decisions.
Anthony Bernard-Sasges
Senior Economist, Cities & Regions
Anthony Bernard-Sasges
Senior Economist, Cities & Regions
London, United Kingdom
Anthony Bernard-Sasges is a Senior Economist in the Cities & Regions forecasting team. He primarily produces research and forecasts for cities in the United States and Canada. Anthony also manages the Oxford Economics Global Cities Index and helps develop the team’s geospatial data analysis capabilities.
George Bowen
Lead Economist, Cities & Regions
George Bowen
Lead Economist, Cities & Regions
London, United Kingdom
George is a Lead Economist in the Cities and Regions forecasting team. He manages Oxford Economics’ Global Cities forecasting service and associated research. George is also responsible for the team’s Middle Eastern regional forecasts, supporting clients on a range of bespoke projects.
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