Sigrid Zialcita, Managing Director Research, Asia explains how 2010 yielded positive surprises, with the regional economy returning to solid growth this year. The surge in exports and resilience in domestic demand have been the driving force of the economic bounce back in the region. China, India and Singapore are the fastest growing economies, with China overtaking Japan as the world’s second largest economy, exporter, and, now, the largest contributor to increases in global GDP.
With a slow recovery from recession and with companies continuing to focus on being located in cities that can provide them with a cost effective yet efficient base, cities continue to be in competition with each other to attract inward investment. The European Cities Monitor examines a number of key issues that corporates consider when considering new locations and indicates how effectively each European city is perceived to perform and where improvements are seen to have been made over the last year.