Hartford has been identified as one of 19 “knowledge capitals” in the world, alongside Washington, D.C., Chicago, Seattle, Zurich and Stockholm.
The designation comes from a new report by the Brookings Institution’s Metropolitan Policy Program, released Thursday as a part of the Global Cities Initiative, a joint project of Brookings and JPMorgan Chase.
The report, “Redefining global cities: The seven types of global metro economies,” identifies the seven types as global giants, Asian anchors, emerging gateways, factory China, knowledge capitals, American middleweights, and international middleweights—each with its own distinctive assets, challenges, and growth trajectories.
Cities are assessed for the opportunities and challenges they confront for powering the next wave of global economic growth. The analysis focuses on the 123 largest metropolitan economies in the world, which collectively account for one-third of global GDP despite containing only 13 percent of global population.
Hartford is listed as having a nominal Gross Domestic Product of nearly $101.8 billion in 2015.
“This report provides fresh evidence that there is no one way to be a global city,” report author and Brookings Fellow Joseph Parilla said. “Cities that understand their unique niche in the global economy are better positioned to create economic strategies that will be successful in the long-term.”
