New York, London Tops in Global Influence

New York, New York is once again the most influential city in the world, along with London, England (a close second).

New York City reigns as the most influential city in the world for yet another year, according to the annual Knight Frank Global Cities Survey. The survey, which seeks to identify trends in global political and economic distributions, posted The Big Apple as a top-ranker for its economic activity, as well as the influence of its citizens and organizations. Six other American cities joined NYC as some of the world?s most important.

New York was followed sequentially on the list by London, Paris, Tokyo and Brussels, which cities rounded out the top five slots. The preponderance of Western cities on the lists was sound, with Paris offering the best quality of life, and Washington D.C. still tops in global political power. Yet the upward march of a number of Eastern cities, particularly in Asia, signals a massive shift in traditional power dynamics, and solidifies the rising influence and economic power of Brazil, Russia, India and China (also known as the ?BRIC? nations).

A projection included in the report of 2020?s potential leading cities still tacks NYC to the number one post, but by a thinning margin over emerging superstar cities such as Shanghai, Beijing, Hong Kong, Singapore and Mumbai. Superb economic growth in the regions surrounding these metropolises adds to their international cache, and influxes of investor capital promise to improve quality of life through high employment, tax revenues, and infrastructure improvements. The shifting cast of prominent players on the world stage is evident by the 2020 supposition, which sees only three Western cities within the top-ten, versus the six on 2011?s list.

Other United States cities appearing on the list of most influential cities included:

• Los Angeles (#6)
• Chicago (#11)
• Washington, D. C. (#12)
• San Francisco (#16)
• Boston (#29)
• Miami (#30)

The Knight Frank Global Cities Survey has been released annually since 2008, and is compiled for the use of investors looking to stay on top of global trends. The cities were ranked according to their level of economic activity, their political power, their quality of life, and their general cache of knowledge and influence.

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Source: http://www.newhomessection.com/blog/new-york-london-tops-in-global-influence/2011/06/15/

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