Global cities generate economic growth through agglomeration effects.Global cities are engines of human capital development.Global cities are the key drivers of growth and prosperity.In this article we will discuss what makes these globally competitive cities so unique by focusing on their characteristics where they differ from other cities: The world’s global cities also have many things in common such as having an advanced transportation system being green and sustainable offering inclusive opportunities for everyone and having high quality of life standards. Global cities are also centers of innovation, entrepreneurship and human capital development that generates economic growth through agglomeration effects. They are hubs of economic activity and have a globalized culture that attracts talented people from all over the world. Global cities play a very important role in the world today. If you are an expat or a high net worth individual looking for a competitive environment that offers potential for employment, or business and investment, then living in a global city could be the best option for you. Although living in a major global city implies a certain financial cost, especially compared to cities in the developing world, it is well worth it for the many advantages one gets in return.

At kearney global cities index