The FINANCIAL — The Global Cities Initiative announced its 2013 schedule of forums, bringing business, civic and government leaders together to explore how their metropolitan areas can better compete in the global economy.
In its second year, Global Cities will continue to equip these leaders with information and policy ideas, catalyze action, and build an international network of metropolitan leaders whose regions ultimately trade, invest, and grow together.
Global Cities is a five-year project that combines JPMorgan Chase's longstanding commitment to investing in cities with Brookings' deep expertise in metro-focused research. As JPMorgan Chase & Co. reported, the research and discussion forums aim to give business, civic and government leaders from the 100 largest U.S. metropolitan areas and select international metropolitan areas the data, policy ideas, and global connections they need to help their communities thrive in the global economy.
"Vibrant, global cities don't just appear on their own. It takes strategy, collaboration, data and insight," said Richard M. Daley, chair of the Global Cities Initiative and former mayor of Chicago. "Of course, it also takes leadership. That's what the Global Cities forums are all about. We are getting the right people around the table to explore opportunities and actions to drive local and regional economic growth and help cities better compete in the global economy."
"In the 21st century, cities and metropolitan areas will be the engines of national economies and the hubs of global trade," said Bruce Katz, director of the Global Cities Initiative, vice president and founding director of the Brookings Metropolitan Policy Program. "The inevitable result: national trade policies will become increasingly locally focused and local economic development will increasingly drive national policies and engage global partners."
In 2013, Brookings will deliver new research focused on the distinctive trading- and investment-oriented strengths of these metropolitan areas.
"We're excited to be taking Global Cities to these five great metropolitan areas," said Peter Scher, Executive Vice President and Head of Corporate Responsibility at JPMorgan Chase. "We look for cities with unique civic assets, forward thinking leaders, and a collaborative business environment. Our 2013 cities have those attributes in common."
JPMorgan Chase employs more than 35,000 people in the states of Georgia, Texas and Colorado, and more than 250 people in Mexico.
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