Cities in Europe (4)

Thursday, 23 June 2016

by: Qurius

Cities are the engines of the economy. Metropolitan regions contain 59% of the EU population, but they hold 62% of its jobs and represent 67% of GDP (European Commission, 2014).

PBL Metropolitan economies

EU Urban Agenda aims to ensure maximum utilisation of cities growth potential.

The concentration of people, capital and business opportunities means that cities are more productive than other places. It is therefore not surprising that cities figure prominently in the EU strategy for jobs and growth. The Urban Agenda for the EU, in particular, aims to ensure maximum utilisation of the growth potential of cities.

Many of Europe’s largest cities are also its most affluent. The megacities of Paris and London rank among those with the highest GDP per capita ratios of the EU, such as Munich, Stockholm and Frankfurt. Still, there is not a clear linear relationship; Helsinki is smaller than Naples, but shows a higher GDP per capita and a stronger economic growth rate. Bigger is therefore not always bežtter. There is much more at stake, such as the national economy of the country in which they are situated. To a large extent, the geographical distribution of GDP per capita of cities reflects that of regions and countries in Europe.

Cities also differ in growth rate; just as real engines, they are running at different speeds. Again, size not necessarily mažtters – although Paris and London appear to perform above average – as much as geographical location. In the 2000–2010 period, a north–south divide could be seen, with northern cities generally outperforming those in the south. The most significant growth, however, occurred in central and eastern European cities, particularly in Poland. Some of this difference can be ažttributed to a lower starting point, but also to the EU’s Cohesion Policy, under which especially new recipients are eligible to receive high European subsidies.

From Cities in Europe by PBL. It presents well-established facts, new findings and counter-intuitive connections in a visually attractive way, in a series of 13 infographics that show facts and figures on recent urban developments.