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The Mori Memorial Foundation's Institute for Urban Strategies, a research body established by Mori Building, Tokyo's leading urban developer, announced today its Global Power City Index (GPCI) 2022 report on the overall strength of the world's 48 major cities, with a special focus on how cities have responded to the COVID-19 era
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Global Power City Index (GPCI)
An index that measures the overall strength of the world's 48 major cities, with a special focus on how cities have responded to the COVID-19 era
Mori Memorial Foundation Issues GPCI-2022 & CPS-2022 Report
2022
GPCI 2022 rankings were significantly impacted by how cities have responded to the three-year COVID-19pandemic
Regarding Accessibility, cities are particularly divided in terms of how fast they have resumed accepting international flights
Cities such as London,Singapore and Tokyo have seen their scores affected by their limitations on internationalairtraffic and cautious border measures, while Dubai and Istanbul have raised their scores by resumingtourismairtraffic
Other locations managed to increase their scores by improving local livingconditions
Melbourne and Paris scored higher in Livability compared to last year, and New York added points by recovering its domestic transportation network quickly and enhancing its working environment
The Institute also announced the results of its City Perception Survey (CPS) 2022, which polled some 9,600 residents in the 48 cities to determine how the international community perceives the top cities in the GPCI rankings
London (#1)
World's most cosmopolitan city saw its power weaken due to cautious COVID-19 measures
London maintained its top position in the comprehensive ranking but its scores contracted significantly in Cultural Interaction (1st) and Accessibility (6th)
In "Number of Foreign Visitors" under Cultural Interaction, London's formerly top position was overtaken by Istanbul (#32), Dubai (#11), and Paris (#4), in that order, which are cities that quickly reopened to international tourism
London's Economy score (2nd) has continued to drop since GPCI 2019, this time particularly in "GDP Growth Rate" and "Employees in Business Support Services"
NewYork (#2) remained in second but drew significantly closer to London (#1)
New York's Accessibility ranking (4th) edged out other powerhouses such as London (#1) and Tokyo (#3) as domestic flights quickly recovered from the damaging impact of COVID-19
New York's weaknesses are Livability (38th) and Environment (27th)
Tokyo (#3) held on to third place overall but its score dropped sharply from last year to place just ahead of Paris (#4)
Declines were seen in four of the GPCI's six functions for Tokyo: Economy (5th), Cultural Interaction (5th), Livability (11th) and Accessibility (10th)
Tokyo remained strong in "Attractiveness of Shopping Options," "Attractiveness of DiningOptions" and other tourism assets
Paris (#4) ranked 4th in its comprehensive ranking, just behind Tokyo (#3)
Paris was strong in Livability (1st) due to higher scores in "Housing Rent" and "Total WorkingHours per Capita"
The big question is how hosting the 2024OlympicGames will impact Paris, particularly whether it will serve as a tailwind to push further urban improvements as well as boost Cultural Interaction, which sagged in 2022
Singapore (#5) ranked #5 overall, but like London (#1) it was hurt by a decline in international flights due to COVID-19 countermeasures so its scores in Cultural Interaction (11th) and Accessibility (11th) dropped markedly
Singapore moved up in Economy to 6th based on rising scores in "Wage Level" and "GDP GrowthRate"
Singapore's score in Cultural Interaction has continued to decline since 2019, due not only to shrinking tourism but also declining ratings for tourism resources such as "TouristAttractions" and "NightlifeOptions"