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![]() ![]() A city where people want to live, visit, work and invest - in other words, a city where people, companies, money, technology and information flock is competitive. Oh: To put urban competitiveness in another way, I think it is the charm of a city. How would you view the components or essentials of urban competitiveness?Ī. Following are edited excerpts from their answers. Will Seoul actually be able to rank in the top five global cities, as asserted by Mayor Oh Se-hoon in his Seoul Vision 2030? Mayor Oh and Tyler Cowen, professor of economics at George Mason University who was named among the Top 100 Global Thinkers by Foreign Policy Magazine and the Top 36 nominations of the world's most influential economists by The Economist, discussed strategies and the prospects of Seoul becoming one of the top five global cities via email with the JoongAng Ilbo. As for the Global Financial Centres Index (GFCI), published twice a year by Britain’s commercial think-tank Z/Yen, Korea's capital city ranked 16th in March and 13th in September this year, but this still pales in comparison to back when it made the top 10 for eight consecutive times starting from March 2012. Based on the Global Cities Index (GCI), assessed by the global management consulting firm Kearney, for instance, Seoul placed 10th in 2010, but fell to 17th in 2020 and stayed put for 2021. Seoul, however, has been being pushed back on the competitiveness index by other cities over the past decade. 24 and co-hosted by Seoul City and the JoongAng Ilbo, an affiliate of the Korea JoongAng Daily, showed that urban competitiveness has become even more vital in today's hyperconnected world. ![]() The Seoul Global City Competitiveness Forum 2021, held on Nov. Can Seoul become one of the top 5 global cities?
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