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Global Economic Forecasts Q1 2017: Executive Summary

Euromonitor International is pleased to provide our blog readers with the executive summary of our new macroeconomic outlook Global Economic Forecasts: Q1 2017. Despite the risk of stronger trade and immigration restrictions and greater policy uncertainty after Donald Trump took the Presidential office, the reaction of financial markets has been more optimistic than expected. In […]
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Top Megacities for Growth in 2016

At the beginning of 2016, the world counted 30 megacities with more than 10 million inhabitants: from 11 million in Wuhan (China) to 37 million in Tokyo (Japan). In terms of consumer market size, however, the world’s megacities represent a much more diverse group. In 2015, annual consumer expenditure peaked at US$900 billion in New […]
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Olympic Hopes and Doubts of Two Asian Megacities

Whilst hosting the Olympic Games has proven to increase infrastructural investment and national pride, the idea of Olympic events being advantageous for wider economic growth is often debated. Economists, nonetheless, do agree that the potential benefits of hosting Olympic Games very much depend on the state that the host city is in before the Olympic […]
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Deception of Expanding Urban Populations

Over the next 15 years, the world’s urban population growth will be fed by the two principal regions – Middle East and Africa (MEA) and Asia Pacific – which together will account for 84% (or 986 million people) of the global urban population increase. While the process of urbanisation is good news for many consumer […]
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PODCAST

Key Trends for Cities in 2015

Download as MP3 In 2015, the world’s cities will see rising urban populations, witness an economic slowdown in Asia, and be subjected to persistently weak growth in the Eurozone. In fact, in 2015, the global urban population is forecast to expand by as much as 77 million people. This podcast discuses the impact these trends […]
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One Quarter of the World’s Educated Population Resides in Just 100 Cities

With governments recognising the link between education and economic competitiveness, education standards are rising globally. Increased prioritisation of primary and secondary education is translating into rising uptake of tertiary education in many economies. The number of people with higher education globally rose from 518 million in 2005 to 704 million in 2013, with 24% of […]
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Shopping and Tourism in Asian Cities

Tourism is growing worldwide and the Asia Pacific region is no exception. In 2013, international tourists accounted for 1,128 million trips globally, of which 256 million were to Asia Pacific, with the region accounting for an impressive tourism share exceeded only by Western Europe. Shopping plays a major role in determining tourist destinations, making numerous […]
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Brighter Future Ahead for Urban Consumers in Eastern Europe

The coming years promise notable opportunities for consumer goods businesses in Eastern European metropolises thanks to forecasts of accelerating consumer expenditure as a result of improved economic performance. Eastern European cities will outperform their Western European counterparts, indicating generally better potential in developing markets. Top 10 Growth Cities for Per Household Consumer Expenditure in Europe […]
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Does Urban Export Imply City Development?

Urban exports can be seen both as a factor in a city’s economic growth and an indicator of its stage of urban development. Generally, expanding export activities contribute to the economic advancement of urban economies. Different profiles of exported goods and services in developing and developed metropolises also affect wealth disparities of local consumer across […]
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Economic Growth Slowing in Major Latin American Cities

Throughout the 20th century, flagship Latin American metropolises were the key drivers of the region’s economic progress, production growth and increasing domestic demand. In 2012, nearly 30% of the region’s GDP derived from just 15 major cities. However, over the last decade, Latin America’s economic growth momentum has been shifting from the major metropolises towards […]
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Are Birth Rates Lower in Cities?

As living standards improve, people tend to have smaller families. In 2012, 86% of the world’s 120 major metropolises were characterised by higher per capita income than their respective countries and were often more advanced in their economic development. Yet, only in 40% of cases were urban crude birth rates lower than the national level. […]
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The Decline of Great Industrial Cities

Euromonitor International’s previous article discussed why scenario analysis is a key for businesses to prepare and future-proof their strategies in the face of potential macroeconomic shocks, especially when evaluating business decisions such as the scale of entry or investment in a certain market. In the second part of this blog series, we will illustrate how […]
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Gender Imbalance and Impact of Migration on Cities

Euromonitor International’s previous article discussed why scenario analysis is a key for businesses to prepare and future-proof their strategies in the face of potential macroeconomic shocks, especially when evaluating business decisions such as the scale of entry or investment in a certain market. In the second part of this blog series, we will illustrate how […]
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Income Growth and Spending on Food in Cities

Euromonitor International’s previous article discussed why scenario analysis is a key for businesses to prepare and future-proof their strategies in the face of potential macroeconomic shocks, especially when evaluating business decisions such as the scale of entry or investment in a certain market. In the second part of this blog series, we will illustrate how […]
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