Dec 08, 2015
A report recently released as part of the Global Cities Initiative – a joint project between the Brookings Institution and JPMorgan Chase & Co. – provides a framework for the Stockholm Capital Region to better understand its competitive position in the global economy.
The report, done in partnership with the Stockholm Chamber of Commerce, shows that the Stockholm Capital Region’s economy is highly competitive relative to eight other advanced regions in Europe and the United States that resemble Stockholm’s size, wealth, productivity, and industrial structure.
The new research highlights that Stockholm has enjoyed robust and broadly shared growth over the past decade, drawing on its productive workforce, innovative firms, modern infrastructure, and sound governance. Yet, as globalization, technological change, and demographic forces reset the international landscape, Stockholm’s leadership must continue its commitment to regional competitiveness to maintain this position.