Istanbul fasting growing metropolis

The city became the fasting growing metropolis in regard to income and employment

Istanbul fasting growing metropolis

Istanbul became the fasting growing metropolis in regard to income and employment according to a survey carried out by the Brookings Metropolitan Policy Program.

The Brookings Metropolitan Policy Program and London School of Economics and Political Science jointly carried out the global metromonitor report.

The survey put Istanbul at the top of 150 metropolises with a 5.5 percent rise in income and a 7.3 percent rise in employment between 1993 and 2010.

"Istanbul takes the top ranking for economic growth in the past year. Its economy expanded by 5.5 percent on a per-capita basis, and employment rose an astonishing 7.3 percent between 2009 and 2010," the report said.

Lima came the third and Singapore was the fourth in the report, whereas London was the 123th and Athens the 141th.

The Global MetroMonitor examined 150 of the world's largest metropolitan economies--50 each in the United States, Europe, and other world regions--and tracked their performance on employment and income before, during, and after the downturn.

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Last Mod: 11 Aralık 2010, 16:51
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