Research by Oxford Economics into the world’s 770 largest cities by population predicts a shift in the economic power and influence of ‘global cities’ over the next decade.
African cities are leading the way in annual average growth for GDP and employment, followed by the key cities in Asia, then the Middle East. Europe comes bottom of the chart.Between 2014 and 2030, China is predicted to gain 5 new cities in the top 50 while Europe loses four. In terms of financial services jobs growth, London is the only ‘old world’ city in the top 20.
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