bullet major characteristics of global cities quizlet

Many of these traits align with the key inputs to economic competitiveness: distinct specializations, infrastructure, human capital and innovation, capital investment, and good governance to name a few. In this report, we specifically isolate the 10 key traits associated with cities that have achieved global success. market by improving their region’s global fluency. Our new report, “ The Ten Traits of Globally Fluent Metro Areas,” defines global fluency as the level of global understanding, competence, practice, and reach that a metro area exhibits to facilitate progress toward its desired economic future. metropolitan leaders are abandoning their path dependent focus on the U.S. metropolitan areas to benefiting from engaging in growing markets abroad.Īware of the enormous untapped opportunities offered through trade and global engagement, many U.S. This fundamental shift has both challenged the United States with greater global competition but also offered the prospect of all U.S. The global economy no longer revolves around a handful of dominant states and their national urban centers.

Swift global integration, the rapid expansion of a global consumer class, and the rise of urban regions as the engines of global economic growth have ushered in a new era.

Bullet major characteristics of global cities quizlet