Competitive Cities for Jobs and Growth

A competitive city is a city that
successfully facilitates its firms and industries to create
jobs, raise productivity, and increase the incomes of
citizens over time. Worldwide, improving the competitiveness
of cities is a pathway to eliminating extreme poverty and to
promoting shared prosperity. The primary source of job
creation has been the growth of private sector firms, which
have typically accounted for around 75 percent of job
creation. Thus city leaders need to be familiar with the
factors that help to attract, to retain, and to expand the
private sector. This document aims to analyze what makes a
city competitive and how more cities can become competitive.