Tokyo, New York and London (in that order) head The Atlantic’s list of the world’s 25 most economically powerful cities. Madrid placed 14th on the list. The list is part of The Atlantic’s new Cities page, which debuted today. It looks at issues facing urban areas around the world.
The Global Economic Power Index, developed by the Martin Prosperity Institute, reflects three key dimensions of economic power – economic, financial, and innovative. Economic Power is measured as economic output or gross regional product. Financial power is based on the Global Financial Centers Index, which ranks the banking and financial power of cities across the world, while innovation is based on patent activity.
For more information about the rankings click here.