New York edged out London by one point for the top spot in the annual Cities of Opportunity report by PricewaterhouseCoopers.
The report measures a city's comprehensive potential for business across ten economic indicators. The categories range from intellectual capital and innovation to sustainability and the natural environment to city gateway—an indicator of global interconnectedness and international attraction.
While the top of the list might skew toward the West, Asian cities are gaining fast. In fact, Beijing leads the way in economic clout, a measure of "a city's dominion beyond its borders."
27. Mumbai
Strongest categories: Cost*; economic clout
Weakest categories: Demographics and livability; health, safety and security
*PwC defines "cost" as measuring the "costs for a businessperson living in our cities—which is to say, the cost of a transnational, middle-class way of life."
Total Score: 515
26. São Paulo
Strongest categories: Economic clout; ease of doing business
Weakest categories: Technology readiness; health, safety, and security
Total Score: 527
25. Johannesburg
Strongest categories: Ease of doing business; cost
Weakest categories: technology readiness
Total Score: 534
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