URBANmedias

A new report ranks the world's leading cities for economic, technological, and social opportunity.

New York tops the list of the world’s best "cities of opportunity," with London second and Toronto third, according to a report released this week by PricewaterhouseCoopers and the Partnership for New York City.

The report gauges 27 of the world’s largest and most influential global cities on their ability to provide opportunity to their residents — both long-term residents and new immigrants. This is what I like most about the report: It seeks to gauge the ability of cities not just to grow and develop, but to provide opportunity broadly. It notes the adaptability and resilience of cities and highlights the connection between quality of life, or livability, and long-run economic growth and development.

The 27 cities covered by the report are global powerhouses, accounting for nearly eight percent of global economic output (measured as gross domestic product) while housing just 2.5 percent of its population. The report projects that these 27 cities will add 19 million more residents, 13.7 million more jobs, and $3.3 trillion more in economic output by 2025...