Latest news with #IESE
Euronews
25-04-2025
- Business
- Euronews
What are the most dynamic and sustainable European cities? These are the winners
ADVERTISEMENT London, Paris, Berlin, Copenhagen and Oslo are the five European cities in the top 10 of the world's most dynamic and liveable cities, according to the IESE Cities in Motion (CIMI) index . The 2025 CIMI ranking assessed 183 cities across 92 countries based on nine key criteria: human capital, social cohesion, economy, governance, environment, mobility and transportation, urban planning, international profile and technology. For the third year in a row, London continues to lead its regional and global position in the ranking, standing out in areas such as human capital, governance, urban planning and international profile. The UK capital stands out because of its internationally renowned universities and a rich array of cultural institutions, institutional stability, high-quality public transit systems and strong commitment to sustainable mobility, including shared bicycles and e-scooters. However, it faces challenges in terms of social cohesion and the environment. Edinburgh and Glasgow outperform London in their commitment to cultural and social inclusion. Meanwhile, Paris retains second place in Western Europe and third place in global rankings, scoring the best on its international influence, strong human capital and effective urban planning. However, areas such as environmental sustainability and social cohesion offer opportunities for improvement. Berlin retains the positions held in the previous edition: third in Western Europe and fifth globally. Germany's capital is recognised for its governance and technology, but it has significant room for improvement in its economic performance. European cities consistently perform well in this index. "There's no single reason behind Europe's success, but there are patterns," said Pascual Berrone, head of the strategic management department at IESE Business School, and Joan Enric Ricart, professor of strategic management at IESE Business School. "They have generally stable political systems and reasonable urban planning, along with advanced public and private transport options."
Yahoo
09-04-2025
- Business
- Yahoo
Europe tops global ranking of dynamic and sustainable cities – here's why
London, New York and Paris have been named the world's most dynamic and liveable cities. This is according to a new ranking of global cities that highlights Europe's ability to balance sustainability and growth in its urban centres. The IESE Cities in Motion index looks at 183 cities in 92 countries, and ranks them in nine key areas: human capital, social cohesion, economy, governance, environment, mobility and transportation, urban planning, international profile and technology. It's different from other indices in that it takes into account so many metrics – more than 100 – on everything from ease of starting a business to number of museums and art galleries, internet speed and commute times. The idea is to systematically gauge what makes a city the sort of place where people want to live and work. This is important not just for the quality of life of habitual residents, but also because location is vital for attracting global talent, especially among younger generations. The top 10 cities in the 2025 edition were London, New York, Paris, Tokyo, Berlin, Washington DC, Copenhagen, Oslo, Singapore and San Francisco. The top three all do particularly well in human capital, which includes features like educational and cultural institutions. They also score highly on international profile, which looks at indicators of global interest, such as the number of airport passengers and hotels. Beyond those two areas, London cements its status as a global hub of high-level innovation and development, also standing out for governance and urban planning. The UK capital is somewhat weaker in social cohesion, where it came 20th, though not nearly as bad as second-place New York, which ranked 127th out of 183 cities in this category – among the lowest of developed countries. New York does, however, stand out for its economic performance, and does very well in mobility and transportation. Paris, meanwhile, performs well across many metrics, including urban planning as well as international profile and human capital. We've been calculating the index for a decade now, and European cities consistently perform well. This year, five of the top 10 cities – London, Paris, Berlin, Copenhagen and Oslo – are European. We adjust the index on a regular basis in order to make sure that we're measuring what's relevant. For example, this year we introduced new metrics on women's leadership, renewable energy sources and green spaces, as well as on availability of coworking spaces. There's no single reason behind Europe's success, but there are patterns. Its large global metropolises, such as London and Paris, offer advanced technology, international communities and diversified economies in services, technology and finance. They have generally stable political systems and reasonable urban planning, along with advanced public and private transport options. However, while highly diverse, they also suffer from income inequalities. In addition to these mega cities, Europe is home to a large number of sustainable and culturally vibrant cities of many sizes. All the Spanish cities included in the index (10 in total, including Madrid and Barcelona) are part of this cluster. These are mature economies that prioritise sustainability over rapid growth, seeking to balance liveability and stability. They also have steady political systems, a commitment to green policies and urban planning strategies that give weight to sustainable infrastructure that enhances liveability. They do well in social cohesion, with high levels of integration and relatively low levels of inequality. In terms of technology, they are steady adopters but they are not, for the most part, trailblazing innovators. It's also interesting to note the performance of North American cities, which show that economic might and technological prowess don't always translate into more liveable metropolises. US cities dominate the economic dimension – eight of the top 10 in economic performance are American – but there's not a single American city in the top 10 for social cohesion or environment. They do well in our ranking – New York, Washington, San Francisco, Chicago and Boston are all in the top 20 – as would be expected of high-income cities, but their performance in different areas varies widely. Meanwhile, developing countries continue to struggle to break into the top ranks. In Latin America, the highest-ranked city is Santiago (89th), followed by Buenos Aires (117th) and Mexico City (118th). In Africa, Cape Town (156th) is the top-ranked city. At the very bottom of the ranking are Lagos, Lahore and Karachi. In this tenth edition, we are starting to see greater homogeneity of cities, suggesting that urban planners are learning how to confront similar social, economic and geopolitical challenges. Here are some of our recommendations for how they can improve further: Adaptive and participatory planning: Cities should adopt an approach to planning that is both inclusive and adaptive. This means actively engaging residents, businesses and organisations in identifying priorities, and establishing mechanisms to respond to unexpected developments. Sustainability as a core principle: A commitment to environmental sustainability and innovation in urban planning is key. Cities should pursue policies that reduce carbon emissions, such as adopting renewable energy. Their strategies must also factor in environmental impact and preparedness for extreme climate events, such as wildfires or floods. Economic and social resilience: To address economic inequalities and a lack of social cohesion, cities should implement policies that foster economic equity, such as incentives for small businesses and job training programs that improve access to employment. They should also develop community support networks that strengthen social ties and promote the integration of vulnerable groups. Inclusive technology: To close the digital divide, cities should develop a robust technological infrastructure that ensures connectivity across all urban areas and provides digital skills training for residents. Open data platforms that enhance transparency and encourage citizen participation can play a key role in this. International cooperation: Cities should actively participate in international networks to foster mutual learning and best practices, and to collaborate on joint projects. Continuous measurement: Metrics are essential, both to track progress and to benchmark against other cities with similar characteristics. While cities should develop their own performance dashboards with relevant indicators, our index can serve as an initial framework for identifying key dimensions and the most important indicators. Este artículo fue publicado originalmente en The Conversation, un sitio de noticias sin fines de lucro dedicado a compartir ideas de expertos académicos. Lee mas: 'Urban form' and the housing crisis: Can streets and buildings make a neighbourhood more affordable? Urban planning is often overlooked as a career – here are some ways to change that Spain housing crisis: slow construction is to blame, not foreign buyers Las personas firmantes no son asalariadas, ni consultoras, ni poseen acciones, ni reciben financiación de ninguna compañía u organización que pueda obtener beneficio de este artículo, y han declarado carecer de vínculos relevantes más allá del cargo académico citado anteriormente.
The Guardian
04-04-2025
- Business
- The Guardian
Trump tariffs: ‘In economic terms, it makes no sense at all'
From world leaders, to the tiniest manufacturers thousands of miles away from Washington, decision-makers across the global economy are racked with uncertainty this weekend, as they scramble to come to terms with Donald Trump's historic tariffs. Experts are all but unanimous that the impact of Wednesday's extraordinary Rose Garden press conference on global growth will be negative – but just how bad remains highly uncertain. 'In economic terms, it makes no sense at all,' said Jordi Gual, the former chair of CaixaBank, Spain's largest domestic lender, who is now an economics professor at IESE business school in Barcelona. 'It is hugely problematic, because we go back to a level we hadn't seen since the 1930s.' Trump's announcement that he would impose tariffs from 10% to almost 50% on the US's largest trading partners – including a 34% additional border tax on Chinese imports and a 10% levy on the UK – was designed to encourage multinational companies to relocate their factories, jobs and supply chains to the US. The president promised it would usher in a new 'golden age', but financial markets responded with a jarring two-day sell-off, underlining the potential risks of such an unprecedented policy, which is expected to bring higher prices in the US, and cause weaker growth worldwide. The aggregate effects are hard to anticipate, because they will depend on several factors, including how successful governments are in negotiating carve-outs from the tariffs; and how the US currency responds. Typically, economists would predict that the dollar would strengthen as a result of the tariff spree, cushioning the impact on US consumers in terms of higher prices – but the greenback has weakened on foreign exchange markets since Trump's announcement. That could exacerbate the situation, by unleashing even more inflation than is already likely from higher import taxes – and complicating the task of the Federal Reserve in battling any slowdown in growth. The US central bank may be reluctant to cut rates in the face of rocketing prices. 'The ability of monetary policy to be the shock absorber may be more limited now because of the price impact of tariffs, and the stickiness of inflation,' says Gerard Lyons, chief economist strategist at Netwealth. The scope for spending policy, to offset any potential slowdown – with tax cuts to boost demand, for example – also looks constrained inside and outside the US, with many countries already struggling with the debt hangover from Covid. Another important factor driving the scale of the hit to growth is how aggressively US economic rivals hit back, with tit-for-tat tariffs likely to make a bad situation even worse. Part of the answer emerged on Friday, after Beijing announced that instead of a forensically targeted response, it would simply slap 34% tariffs on all US imports. Markets plunged on the news. Researchers at the consultancy Oxford Economics predict that Trump's measures could knock global GDP growth to below 2% this year, the weakest rate since the 2008 global financial crisis, excluding the pandemic. After global growth of 3.2% in 2024, such an outcome would mark a significant decline, but would fall short of a global recession – which economistsview as GDP growth falling short of the 0.9% rate of world population growth. Suggestions that the entire global trading system will be brought to a halt look wide of the mark, however. Although the US has lengthy supply chains stretching out into vital overseas markets, trade still stands as a relatively small proportion of its overall $30tn economy; and as much as 80% of global trade in goods does not directly touch the US, according to research from the Boston Consulting Group. 'Although we're focused on the US being the largest economy, and the largest importer, things have changed from 10, 20, 30 years ago,' said Butler. 'If you compare this with going back to the early 1970s when Nixon took the dollar off the gold standard and imposed a temporary 10% tariff on trade, the US was vastly more important then.' And the impact across different countries will vary significantly, depending on what level of tariffs they will face – and how reliant they are on exports to the US, and on trade more broadly. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion Analysts at consultancy Capital Economics reckon EU growth may be 0.25% lower as a result of the 20% levy its exports will face, and Chinese growth perhaps 0.75% lower, for example. For the time being, they suggest the UK, which was not in Trump's sights because it does not have a major trade surplus with the US, so faces the minimum 10% tariff, will not be among the worst hit. 'In the UK, the effect on growth is still a rounding error: it's 0.1%,' said Capital's chief economist Neil Shearing. 'It hits exporters in particular sectors – but it doesn't necessarily hit the UK economy as a whole.' For some economies in the global south facing eye-wateringly high tariffs, however, and with little negotiating power with the White House, the effects could be devastating. Cambodia will face 49% tariffs, Laos 48% and Vietnam 46%. Back on Trump's doorstep, in the medium term, experts warn that a radically more protectionist US is likely to be less competitive and more expensive – and may encourage other economies to forge deeper trading links. 'You have a doughnut, where the US is an island surrounded by tariffs of 10-60%, while the rest of the world goes its own way,' says Creon Butler, who leads the global economy and finance programme at Chatham House in London. 'Look at how the Soviet Union performed in a state of autarky [economic isolationism]. If you do have this US island economy, you will have poorer quality, more expensive products, and international supply chains going elsewhere.' Meanwhile, economists fret that in the immediate future, uncertainty itself is likely to be having a dampening effect – which could end up as damaging as the tariff policy itself. 'Some people argue he's playing the madman strategy. Or some sort of random behaviour so that rivals, enemies cannot anticipate his next move,' said Gual. 'Maybe that in geopolitics has some role. But in economics that increases the level of uncertainty and it is not supportive of economic growth and financial stability.' How many thousands of individual businesses and consumers respond in the coming days and weeks, will be critical in determining the impact of 'liberation day'. Do multinationals rapidly reshape their supply chains for example – or hold back from investment, while they wait and see if Trump changes his mind? And does the mighty US consumer keep on spending, or balk in the face of rising prices? As Shearing warns: 'The issue is that not only is it, 'where does the tariff policy land', but the range of different outcomes is extremely wide.' He adds: 'As economists, we don't have the tools to deal with the human side of economics – and there really are no historical parallels.'
Yahoo
28-03-2025
- Business
- Yahoo
The 5 most socially cohesive cities
It's easy to find scores of wealthy and successful individuals living prosperous lives in nearly every major city in the world — but that's not enough to guarantee a stable and lasting metropolis. A recent report from the IESE Business School argues that a truly strong and vibrant city requires a high standard of living for all its residents — including the working class, the elderly, and new immigrants, among others. 'True urban intelligence lies not only in the use of technology, but also in the integration of social cohesion as an essential pillar of [cities'] development,' the report reads. 'Interaction between different social groups is essential to ensure urban sustainability. Social cohesion is reflected in an environment where residents and authorities share values such as social justice, the rule of law, and solidarity.' To determine the overall social harmony of the 183 major cities included in the report, researchers analyzed performance across 30 metrics, including income distribution, racial tolerance, female safety, happiness, and health care quality. Among the study's most notable findings was that even the most vibrant American cities failed to perform well in these categories. New York, for example, is the second-most vibrant city in the world, according to the IESE analysis. The Big Apple ranked in the top 10 in seven of the nine IESE categories: technology, human capital, economy, government, mobility and transportation, urban planning, international profile, and technology. For social cohesion, however, New York came in 127th place out of 183 cities. Pascual Berrone, a professor and one of the study's co-authors, argued that, in addition to the economic benefits of embracing diversity, cities also have a moral imperative to uplift their most marginalized residents. 'In the face of global conflicts, cities have a unique responsibility to go beyond traditional diplomacy and promote peace and stability through solidarity and active support for affected communities,' he wrote. Click through to see the five most socially harmonious cities in the world. For the latest news, Facebook, Twitter and Instagram.
Zawya
26-03-2025
- Business
- Zawya
UAE PASS wins the Gold Award at the IESE Public Sector Transformation Awards 2025
Hamad Obaid Al Mansoori: UAE PASS platform serves as a unified digital identity for all digital services. It is a remarkable outcome of the cooperation between local and federal government entities, and the distinguished role of our strategic partners in this project, the Telecommunications and Digital Government Regulatory Authority and the Department of Government Enablement in Abu Dhabi, where we collaborated closely through a well-defined and progressive strategic plan. Eng. Majid Sultan Al Mesmar: We are delighted that the UAE PASS application has received this recognition globally, as it won the Gold Award among dozens of projects and initiatives from many countries. London – Digital Dubai and The Telecommunications and Digital Government Regulatory Authority (TDRA) announced that the UAE PASS application has won the Gold Award in the International General Authority category for the Sixteenth Edition of the Public Sector Transformation Awards (IESE) 2025, an annual global event that celebrates innovation culture and showcases best practices in the government sector. Organized by the British non-profit IESE Foundation, the awards aim to harness global expertise, encourage the exchange of experiences, and highlight achievements that inspire development through innovative thinking. This year's edition evaluated 140 distinguished government initiatives from public sectors worldwide. The judging panels concluded that the Gold Award for the UAE PASS application—developed by Digital Dubai in collaboration with the Telecommunications and Digital Government Regulatory Authority (TDRA) and the Department of Government Enablement in Abu Dhabi, and in partnership with the Ministry of Interior, Dubai Electronic Security Center, and the Federal Authority for Identity, Citizenship, Customs and Ports Security. H.E. Hamad Obaid Al Mansoori, Director General of Digital Dubai, commented on this award: 'We are proud that the UAE PASS application is receiving such global recognition as a successful model that can be emulated by other countries and governments. Receiving this prestigious award is the culmination of a sustained journey of excellence and leadership in digital identity, made possible through collaboration and teamwork among local and federal government entities. In particular, we value the significant role of our strategic partners—TDRA and the Department of Government Enablement in Abu Dhabi—who have worked alongside us for years on a clear and progressive strategic plan.' H.E. added: 'UAE PASS is aligned with the vision of our wise leadership to build a comprehensive and integrated digital life, facilitating daily city interactions and supporting the digital economy by leveraging cutting-edge technologies, particularly artificial intelligence, which is essential to verifying users' identities efficiently and securely.' For his part, H.E. Eng. Majid Sultan Al Mesmar, Director General of TDRA, stated: 'We are pleased that the UAE PASS application has achieved global recognition, winning the Gold Award among dozens of initiatives from around the world. It represents a tangible outcome of the UAE's digital transformation journey, and an example of the many successes we've achieved through national collaboration. We are committed to sustaining our progress and achievements in line with the vision 'We Are the UAE 2031,' which aims to lead the nation from one milestone to another, toward a brighter future. I extend my appreciation to our partners—Digital Dubai, the Department of Government Enablement in Abu Dhabi, and other government entities—for their collaboration in achieving integration and excellence in the pursuit of customer happiness.' The awards ceremony was held on Wednesday, March 5, 2025, in London, with the participation of numerous representatives from government entities, innovators, and project leaders. The UAE PASS Gold Award was received by representatives from Digital Dubai and TDRA. UAE PASS is the first secure national digital identity for citizens, residents, and visitors in the UAE, enabling them to register and verify their identity quickly and easily through facial recognition. The number of entities offering services through UAE PASS has surpassed 340, including 60 federal, 171 local government, and 118 private sector entities, providing over 15,000 services.
