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View Poll Results: Which city is more powerful?
New York City 100 56.18%
London 78 43.82%
Voters: 178. You may not vote on this poll

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Old 11-24-2014, 01:01 AM
 
Location: Westminster, London
878 posts, read 1,025,615 times
Reputation: 679

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There are two studies completed this year that specifically analyse the global power and influence metrics of leading cities.

The general public will not have casual access to the knowledge or rationale basis for these rankings. I predict (as with the 'Financial Capital of the World' thread) most will vote for New York City anyway, while those who actually work in the relevant industries will give substantive arguments in favour of London.


1. The World's Most Influential Cities (2014) - Forbes

1. London
2. New York City
3. Paris
4. Singapore
5. Tokyo
6. Hong Kong
7. Dubai
8= Beijing
8= Sydney
10= Los Angeles
10= San Francisco Bay Area

Quote:
A preferred domicile for the global rich, London is not only the historic capital of the English language, which contributes to its status as a powerful media hub and major advertising center, but it’s also the birthplace of the cultural, legal and business practices that define global capitalism. London hosts the headquarters of 68 companies on the 2012 Forbes Global 2000 list and is a popular location for the regional HQs of many multinationals. (Our HQ ranking component, in which London ranks third, is based on GaWC’s 2012 Command and Control Index, which factors in company size and financial performance, as well as total number of Forbes Global 2k HQs).

Beyond these traditional strengths, London has become Europe’s top technology startup center, according to the Startup Genome project. The city has upward of 3,000 tech startup sas well as Google’s largest office outside Silicon Valley.


2. Global Power City Index 2014





Last edited by MissionIMPOSSIBRU; 11-24-2014 at 02:08 AM..
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Old 11-24-2014, 01:05 AM
 
66 posts, read 59,707 times
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Quote:
Originally Posted by CTDominion View Post
Again, completely dependent on where you draw your boundaries.

List of OECD regions by GDP (PPP)per capita[1]

1. United Kingdom UKI11 Inner London - West 152,116
2. United States US11 District of Columbia 131,343
Yes, boundaries are drawn by commuting patterns. Southeast England is as far as it goes when it comes to commuting patterns into London.

New York is much wealthier and more powerful than London, end of.
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Old 11-24-2014, 01:10 AM
 
66 posts, read 59,707 times
Reputation: 96
Interestingly enough, New York was crowned the World's Financial Centre this morning by another study.

Quote:
New York Boosts Lead on London as Leading Finance Center
Nov 23, 2014 6:01 PM CT

New York is extending its lead over London as the world’s most important financial center as the City reels under a string of scandals and question marks over the U.K.’s continued membership of the European Union.

New York was picked for the top spot by 59 percent of respondents, against 38 percent who named London, according to a Kinetic Partners survey of almost 300 finance professionals carried out for the consultancy’s 2015 Global Regulatory Outlook, published today.
New York went into the lead last year, when 49 percent named it as the preeminent financial center and 44 percent said London.


New York Widens Lead Over London As Financial Capital of the World - Study | Bloomberg

New York is safely the #1 Global City in terms of power and wealth and remain so for many decades to come. London, however, is being trailed very closely by Asian cities as that article points out. London isn't even certain to be the #2 financial capital 5 years from now.
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Old 11-24-2014, 01:35 AM
 
1,689 posts, read 1,827,389 times
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London is more diverse than NYC and embraces multiculturalism more, cares less about race and is more focused on being a world city.

NYC is more fun than london, but its more self-absorbed and also more racial and less diverse despite Americans thinking the US is very diverse.
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Old 11-24-2014, 01:39 AM
 
159 posts, read 124,935 times
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London may be more powerful and influential, but NY is cooler.
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Old 11-24-2014, 02:28 AM
 
Location: Wilmington, DE
3,365 posts, read 2,160,928 times
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Quote:
Originally Posted by Irene-cd View Post
London is more diverse than NYC and embraces multiculturalism more, cares less about race and is more focused on being a world city.

NYC is more fun than london, but its more self-absorbed and also more racial and less diverse despite Americans thinking the US is very diverse.
But NYC is much more diverse than London. London is something like 71% white British, while NYC is around 44% white. NYC also has a larger immigrant population and more racial representation than London.
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Old 11-24-2014, 02:37 AM
 
831 posts, read 482,930 times
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Quote:
Originally Posted by London Lawyer View Post
Interestingly enough, New York was crowned the World's Financial Centre this morning by another study.

New York is safely the #1 Global City in terms of power and wealth and remain so for many decades to come. London, however, is being trailed very closely by Asian cities as that article points out. London isn't even certain to be the #2 financial capital 5 years from now.
Didn't we already discuss this in the New York forums?

1. According to a comprehensive study by PwC, a big four auditor with gold standard reputability, London is ahead financially and increasing its lead.
2. According to a survey of 283 people by Kinetic Partners, who I've never heard of, London is falling behind.

By far the most telling thing is that both Z/Yen and Kinetic Partners cite Libor and prospective (read speculative) Eurozone uncertainty for why London has fallen behind. Anyone familiar with the salubriousness of the NY finance industry will understand how ludicrous this argument is. Least of all, it is a politico-legal argument that has little to do with the finance industry in the current state.
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Old 11-24-2014, 02:42 AM
 
Location: San Francisco
2,113 posts, read 1,127,410 times
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These indexes - Japan's Mori Memorial Foundation, Boston Consulting Group (on Relocation), Forbes (on Crowdfunding) give London the edge.

Global Power City Index 2014

https://www.bcgperspectives.com/cont...global_talent/

London Is Now The World's Crowdfunding Capital - Forbes
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Old 11-24-2014, 02:48 AM
 
38 posts, read 42,254 times
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New York City is more influential and more well known as a business capital so I'd say New York
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Old 11-24-2014, 03:03 AM
 
Location: San Francisco
2,113 posts, read 1,127,410 times
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Quote:
Originally Posted by qworldorder View Post
But NYC ismuch more diverse than London. London is something like 71% white British, while NYC is around 44% white. NYC also has a larger immigrant population and more racial representation than London.
Nonsense - according to the 2011 UK census 44.9% of London's population were White British.
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