2012’s Fastest Growing (and Shrinking) Cities

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Posted on Posted in News, Urban communities

Nice to see many Australian cities rank well for liveability in the State of Australian Cities 2012 report released last Tuesday.

So how do we compare with the rest of the world?

"If you want to see what economists are talking about when they talk about a "two-speed" world, just look at this graph above, from the Brookings Global MetroMonitor, which ranks the world's 300 biggest cities by GDP and job growth.

The top 50 fastest-growing cities, by GDP per capita, are practically all in the developing Asian world. The top 18 are in China. The rest are in China, Indonesia (Jakarta), India (Chennai), and Australia (Perth).

Of the world's fastest-shrinking cities, 42 of the bottom 50 were in the EU. The others included Dubai, Adelaide, Australia, and Albuquerque." read more

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