Sydney and Melbourne also have a very high level of car dependency, and a relatively low level of mass transit coverage, compared with many pre-eminent global cities. Both have much lower population densities than most cities given the "global" tag. However, Sydney and Melbourne have some attributes which undermine their claims to global city status. Together, Sydney and Melbourne accounted for 42 per cent of Australia's gross domestic product in 2015-16, analysis by consultancy SGS Economics and Planning found. A Melbourne city-state would rank among the world's 50 biggest economies when measured in US dollars. If Sydney were a city-state like Singapore it would rate among Asia's 10 largest economies and in the world's top 40. Sydney's economic output topped $US300 billion last financial year, comparable to the gross domestic product of Hong Kong or Malaysia when measured in US dollars. Atlanta - Climbed 1 rank since 2012Ĥ0.It is easy to underestimate the economic clout of Melbourne and Sydney. San Francisco - Dropped 6 ranks since 2012Ģ7. Los Angeles - Dropped 2 ranks since 2012ġ0. Keep in mind this study is done every single year.Ġ8. The number to the right of the city name is how many ranks each city gained or lost since their 2012 study. Since my post above was deleted for posting cities outside North America that were on the list, I'll repost just the North American cities and where they ranked in the study in 2017.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |