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Wednesday, February 18, 2009

World's Next Great Cities !-(Source:Forbes)

As globalization continues to push once small cities into the world spotlight, new economic powerhouses and hubs have been created all over the world. Based on the results of Mastercard's Emerging Market Index, these are the 10 cities around the world, in emerging markets, that are the most ascendant on the global commercial scene. Rankings are assessed on the basis of eight categories: the economic and commercial environment, economic growth and development, the business environment, the financial service environment, commercial connectivity to world markets, education levels and IT connectivity, quality of life and risk and security.
Rankings are explained in the story at www.forbes.com



1. Shanghai, China

Overall score: 66.01

Economic and commercial environment: 8.29

Economic growth and development: 9.83

Business environment: 10.04

Financial services environment: 7.67

Commercial connectivity: 9.57

Education and IT connectivity: 7.31

Quality of life: 7.39

Risk and security: 5.91


2. Beijing, China
Overall score: 62.35

Economic and commercial environment: 8.29

Economic growth and development: 9.82

Business environment: 10.04

Financial services environment: 5.49

Commercial connectivity: 8.49

Education and IT connectivity: 7.71

Quality of life: 6.76

Risk and security: 5.57




3. Budapest, Hungary

Overall score: 58.82

Economic and commercial environment: 8.94

Economic growth and development: 5.05

Business environment: 11.02

Financial services environment: 5.21

Commercial connectivity: 5.41

Education and IT connectivity: 5.71

Quality of life: 8.37

Risk and security: 9.11




4. Kuala Lumpur, Malaysia

Overall score: 58.63

Economic and commercial environment: 9.04

Economic growth and development: 5.99

Business environment: 11.87

Financial services environment: 6.01

Commercial connectivity: 6.05

Education and IT connectivity: 4.37

Quality of life: 7.38

Risk and security: 7.83



5. Santiago, Chile

Overall score: 57.76

Economic & commercial environment: 10.34

Economic growth & development: 6.04

Business environment: 11.51

Financial services environment: 4.91

Commercial connectivity: 4.12

Education and IT connectivity: 5.05

Quality of life: 7.77

Risk and security: 8.02



6. Guangzhou, China

Overall score: 56.98

Economic and commercial environment: 8.29

Economic growth and development: 9.8

Business environment: 10.04

Financial services environment: 3.7

Commercial connectivity: 5.88

Education and IT connectivity: 6.63

Quality of life: 6.65

Risk and security: 5.98



7. Mexico City, Mexico

Overall score: 56.85

Economic and commercial environment: 8.24

Economic growth and development: 5.73

Business environment: 11.01

Financial services environment: 6.34

Commercial connectivity: 6.57

Education and IT connectivity: 4.87

Quality of life: 7.87

Risk and security: 6.22



8. Warsaw, Poland

Overall score: 56.77

Economic and commercial environment: 8.4

Economic growth and development: 4.56

Business environment: 10.81

Financial services environment: 5.12

Commercial connectivity: 5.5

Education and IT connectivity: 5.43

Quality of life: 8.2

Risk and security: 8.76



9. Bangkok, Thailand

Overall score: 56.74

Economic and commercial environment: 8.58

Economic growth and development: 4.95

Business environment: 10.99

Financial services environment: 6.11

Commercial connectivity: 8.81

Education and IT connectivity: 4.26

Quality of life: 6.96

Risk and security: 6.09



10. Shenzhen, China
Overall score: 54.47

Economic and commercial environment: 8.29

Economic growth and development: 9.81

Business environment: 10.04

Financial services environment: 4.31

Commercial connectivity: 4.96

Education and IT connectivity: 5.95

Quality of life: 6.4

Risk and security: 5.71

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