Oliver Wyman Report Identifies Emerging Urban Hubs as Future Economic Powerhouses
A new report by Oliver Wyman Forum ranks 1,500 cities globally, identifying emerging urban hubs poised to challenge established economic centers like New York, London, and Tokyo. The study, 'Cities Shaping the Future 2026,' evaluates cities based on indicators such as business density, connectivity, and climate resilience. It highlights a shift in global corporate strategies, with companies considering geopolitical factors and climate risks. Cities like Chennai and Guangzhou are gaining prominence, attracting investment and talent. The report emphasizes the strategic importance of diversifying into high-growth cities, which offer advantages in innovation, industrial capability, and connectivity.