Title: A new instrument to promote knowledge-led growth: the Global Liveable Cities Index

Authors: Khee Giap Tan; Wing Thye Woo; Boon Seng Tan

Addresses: Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore, 469C Bukit Timah Road, Level 3 (Wing A), Oei Tiong Ham Building, 259772, Singapore ' Department of Economics, University of California, One Shields Avenue, Davis, California 95616, USA; Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore, 469C Bukit Timah Road, Level 3 (Wing A), Oei Tiong Ham Building, 259772, Singapore ' Asia Competitiveness Institute, Lee Kuan Yew School of Public Policy, National University of Singapore, 469C Bukit Timah Road, Level 3 (Wing A), Oei Tiong Ham Building, 259772, Singapore

Abstract: At a time of increasing mobility of talent, attracting human capital has become the critical success factor to fuel knowledge-led growth. This paper uses the notion of 'liveability' to denote the broader set of criteria to attract such talent and measures these criteria with the Global Liveable Cities Index (GLCI) which encompasses 85 indicators. We constructed the eclectic GLCI, which combines both aspects, for 64 global cities and conducted a policy simulation where each city improved its weakest 20% indicators to average levels. The simulation showed dramatic improvement to the city's liveability and is a useful tool for policymakers to improve the city's competitiveness.

Keywords: liveability; knowledge-led growth; policy simulation; mobile global talent; human capital; critical success factors; CSFs; liveable cities; competitiveness.

DOI: 10.1504/IJBCG.2014.060304

International Journal of Business Competition and Growth, 2014 Vol.3 No.3, pp.174 - 188

Available online: 09 Apr 2014 *

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