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Global Cities survey 2011: Methodology

Euromoney’s inaugural Global cities survey combined executive opinion (qualitative ratings) with hard data (quantitative data) from various sources in the market, across a variety of categories, to produce an authoritative ranking of the best cities in the world.

Qualitative data – senior executives at multinational corporates and financial institutions were asked to rate their selected cities for which they have knowledge from 1 to 7 (1 = very poor and 7 = excellent) across the following categories: financial competitiveness; hard infrastructure; tax; technology and innovation; healthcare; education; and environmental sustainability.

Within these categories, there were 16 sub-indicators to be rated:

Financial competitiveness
Quality and efficiency of the regulatory framework
Breadth and diversity of financial services in city
Connectivity of the city
Hard infrastructure
The quality of the roads
Law, order and security
Quality of long-distance travel
Quality of mass-transit transport
Forward visibility of tax liabilities
Efficiency of the tax system
Technology and innovation
Quality of technological infrastructure
Availability of co-funding
Sickness and absenteeism
Healthcare accessibility
The availability of qualified employees in the city
Environmental sustainability
Air quality
Promotion of green policies and initiatives

Quantitative data

Hard data was collected through a variety of sources, including government, city/council, federal, national and international websites, with reference to the following categories and sub-categories:

Number of graduates per 100,000 population by country

Number of Masters, PhDs, and MBAs per 100,000 population (by country)

Financial competitiveness
City GDP (%PPP)

Domestic credit provided by banking sector as percentage of GDP by country

Number of corporate HQs by city (2010)

Hard infrastructure
Population ,000 (2010)

City length of mass transit (km) (2010)

Number of in-patient hospital beds (per 100,000 population) by country

Number of physicians (per 100,000 population) by country

Environmental sustainability
CO2 emissions per capita metric tons by country

Energy use (total million metric tons of oil equivalent) by country

Number of payments, June 2010, by country

Time to prepare, file and pay taxes, hours, June 2010, by country

Technology and innovation
Number of new patents granted per country (1995-2009)

Fixed broadband subscriptions per 100 inhabitants by country (2009)

Number of science/engineering graduates per country (total)

The hard data and soft data were then weighted evenly and added together to produce the final scores out of 100.

We received 419 qualified responses in this inaugural year.

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