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Dublin: 15 °C Tuesday 18 June, 2013

Dublin falls from 12th to 198th in study of major world cities

The only cities which did worse than Dublin in the study of 200 cities were Lisbon and Athens.

Bright lights, poor(er) city
Bright lights, poor(er) city
Image: Sasko Lazarov/Photocall Ireland

DUBLIN HAS FALLEN from 12th to 198th in a major global study tracking the economic performance of 200 cities around the world.

The dramatic drop was due to decreases in both income and employment levels in Dublin, the only Irish city covered in the study by an influential US think-tank.  The research covered the period between 2010 and 2011.

During that time income growth rates in Dublin dropped by 0.3 per cent and employment growth rates dropped by 3 per cent.

The only cities ranked lower than Dublin on the list were, unsurprisingly, Lisbon and Athens. Many western European countries did badly in the rankings, which saw Shanghai, Riyadh and Jiddah topping the list.

The 0.3 per cent drop in income growth rate in 2010-2011 is especially stark given that Dublin saw a gain of 5.6 per cent between 1993 and 2007.

Paradoxically Dublin ranked 14th overall for GDP per capita, behind cities including Washington DC, Stockholm, Zurich, Abu Dhabi and New York.

Dublin’s GDP per capita was estimated to be over $55,000 (around €41,000) in 2011. Hartford in Connecticut topped the list at $75,086 (around €55,000).

The study of the world’s largest cities called the Global MetroMonitor 2011 was carried out by the Brookings Institution, one of the oldest think-thanks in America.

The study used a mixture of GDP, employment, population, and income to assess the economic performance of metropolitan areas.

The research noted the ‘poor national and regional macroeconomic conditions’ which had led to the decline in the Dublin economy.

Read the full study from the Brookings Institution here (PDF)

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Comments (53 Comments)

  • ‘poor national and regional macroeconomic conditions’

    I take it this is corporate gobbledygook for ‘a stupid financial sector/property developer conspiracy fucked everything up and an even stupider government are convinced that looking after the financial sector and property developers is the best way forward make doing business here almost pointless’

    Reply
  • As I look to the right of the photo accompanying this article I notice in lurid green neon signage the name of Irish Nationwide Building Society. Who got the finger out?

    Reply
  • I don’t see myself running off to live in Riyadh or Shanghai!

    Reply
  • Dirty aul town…but i still love her!

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  • Yes Riyadh and Jiddah are such great places to live, except of course if you are a woman, gay or in any way concerned about basic rights and freedoms.

    Any survey that heaps praise on a place like Saudi Arabia doesn’t deserve to be taken seriously.

    Reply
    • Well said adam.

      Reply
    • I can’t see that the report ‘heaps praise’ on Saudi Arabia, it merely analyses cities worldwide according to a predefined set of economic parameters. If you dislike this particular criteria, you can refer to other more holistic surveys which look into the other lifestyle related criteria, like that of the Economist Intelligence Unit which continues to rank Ireland highly even in the recession days. I honestly doubt this particular survey was met with such criticism in the good auld days when Dublin ranked 19th. And lastly, I have no idea how close you ever got to Riyadh or Jeddah. I do not prefer Riyadh but Jeddah is ok. In fact we have a gay Asian guy in the office and surprisingly his head is still on his shoulders. It is probably even easier to be gay then a single heterosexual male.

      Reply
    • @Dom Morgan

      Homosexuality is not only illegal in Saudi Arabia but punishable by the death penalty. And the last time I checked, Jeddah was a Saudi Arabian city subject to such barbaric laws. So any economic success enjoyed by these two cities is more than outweighed by serious human rights violations.

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    • Adam, your preconceptions about this place is amusing. This is much closer to reality.

      http://www.theatlantic.com/magazine/archive/2007/05/the-kingdom-in-the-closet/5774/

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    • And your glib remark that it’s easier to be gay than straight would be amusung were it not for the fact that people have been executed in Saudi Arabia due to their sexuality.

      Reply
    • You just can’t help yourself. All of the nonsense you have spouted above has nothing to do with being gay and only points to the religious fanaticism that keeps genders segregated. Anyway, I have no intention of wasting any more time discussing this issue with someone more interested in being offensive and getting a reaction. You did prove one thing however.

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    • This ‘nonsense’ has everything to do with being gay in KSA. Saudi youth engage with the same sex exactly because of the strict separation of sexes. It is exactly as I said – it is easier to be gay here then single heterosexual. Anyway, in the absence of facts, I understand that you’d rather not discuss this any further.

      Reply
  • Aydo 30/01/12 #

    No Cork comments yet? Aw!

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  • Has anyone bothered to open the survey in question? It is called ‘Volatility, Growth and Recovery 2012’. It is not called ‘The Most Smashing & Gay Friendly Places to Live 2012’.

    Reply
    • You cannot so easily and conveniently separate social and economic issues. They are all linked.

      It seems to me that you are looking at life in Saudi Arabia through the rose tinted lens of an ex-pat walled off from the realities of life for everyday Saudis. Your experiences are hardly typical of life under such a repugnant and corrupt regime.

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    • You’re absolutely right – the points I was making all along was that a) my experience is typical of an everyday Saudi and b) that this study shows that Saudi is a smashing place to live.

      Reply
    • You are quoting your wonderful experiences of life as an ex-pat in Saudi. I simply pointed out that that is not typical of life for most people in that country.

      Reply
    • Yes that’s it. Our concerns for basic human rights and for people not to be tortured or executed is down to jealousy…

      I’m not even going to dignify the rest of your ridiculous rant with a response. Pathetic.

      Reply
    • How many people were executed in Saudi for being gay?

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  • Who in their right mind would rank Dublin at 198th? These people, whoever they are, are clearly insane. Also, I’been to Lisbon and Athens, both smashing places. The suggestion seems to be that a city’s attractiveness is based only on certain aspects! Athens for example – they may be feeling the burn in their pockets but that city is out of this world. The history, the food, the diversity, the people – I could go on all day. So, really this is just another silly ranking, based on things we care little for. Another pointless exercise.

    If our neighbours or at least a European ‘thinktank’ said this, then there might be a big issue. These comments from an anonymous company do nothing for Dublin except aggravate and sadden people of our city. This tripe does not deserve to make it as ‘top news’!

    Reply
    • It’s not a question of insanity, as the list is objectively compiled from certain statistics like income growth rates and employment growth rates. I agree with the comment above, that the article headline misleadingly implies it is a comprehensive ranking of attractiveness in general- but the text of the article clearly explains it isn’t.

      Reply
    • The headline isn’t meant to be misleading – it was impossible to fit the information about it being an economic study into the headline simply for space reasons, but it’s made clear in the article what the study was measuring.

      Reply
    • “Dublin falls from 12th to 198th in study of major world cities’ growth”

      “Dublin falls from 12th to 198th in growth study of major world cities’ growth”

      Reply
    • Ah sugar, one too many growths in the second one.

      oo-er.

      Reply
    • Gavin, I don’t see the word growth in the headline!

      Just as an aside, maybe our economic performance would be better if Ireland’s digital strategy was properly developed. Due to a total lack of Irish strategy, €billions, yes BILLIONS is being fed into overseas economies. People are being forced to buy online from foreign economies. This proposal has been made to our government on countless occasions. There are potentially 55,000 in the area. With a reduction like that in unemployment, and a proper digital strategy in place, we might perform a whole lot better. Look up Stradigí, every country performing well now has a digital strategy – we don’t! WHY NOT?

      Reply
    • That’s my point, Sandra – if The Journal stick “growth” in there they wouldn’t get people flying off the handle, “Dublin’s bleedin dzeddly, worrar dey on abou’?”.

      Alternatively, people could read the article prior to commenting.

      Reply
    • Ye fine, but look who exactly does this information serve? Is it beneficial to the general public? Bit like kicking us while we’re down. We dropped .3% and slipped 186 places – helpful to know! Especially when Germany are hell bent on changing our corporate tax.
      I’d love to see a survey of the cities – no of the native people to all countries – who are dealing with this best. The people with the best attitude in the world, and most likely to give the downturn the the two fingers, now that would be good! I know money is important, but without people, money is useless.

      Reply
  • The headline is very misleading, “Dublin falls from 12th to 198th in study of major world cities”? There is no suggestion in the report that Dublin is 198th in the world for anything except growth. On that score, as Lisa said, I’ll take Dublin over Riyadh or Shanghai.

    Reply
  • All things considered, not bad at all.

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  • Cpm 30/01/12 #

    When did Shanghai, Riyadh and Jiddah become poart of Europe?

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  • Where’s Jiddah?

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  • Dublin is still great to me!

    Reply
  • Elrat 30/01/12 #

    It’s a shithole!

    Reply
  • Fascinating report. Puts in context the nations which seem to be recovering fastest after global recession. The EU really isn’t at the races at all anymore :-/

    Reply
  • ‘Dublin’ is misleading.We are now ‘Little Eastern Europe’

    Reply

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