ECONOMY Criteria
Why chosen
Friendly macroeconomics
Macroeconomics has a key impact on economy of the city. There is a big amount of problems, which cannot be solve, because of state's self-government structure, fiscal and financial polices, condition of law and bureaucracy.
High score What is considered best score Friendly and fair tax system, friendly administration, low level of inflation, low energy costs, high efficiency of court system Good fiscal and financial policy, good economy structure (in GDP and employment), investments in innovative sector, balanced meaning of globalization in local economy, technologies Access to highways, railways, airports, seaways, ports with modern deepwater terminals and navigable inland waterways. Good geopolitical situation. Low level of bureaucracy. Investments in human resources, inhibiting of emigration, investments in innovative sector, smart spatial management, friendly approach to SMEs, industry and martial port. friendly tax system, existing business environment, city branding and citizens mentality with their innovativeness and resourcefulness.
Durability for crisis
If we look at the charts presenting growth of the cities for 1989-2014 we can notice two types of growth – dynamic and durable. They can coexist. That is really interesting, why some cities are going better threw the crises.
Accessibility
Accessibility is a key factor, maritime cities. It decides about strength and reach of local economies. It regards not only transport accessibility, but also law and bureaucratic accessibility of markets
Smart resource management
Smart self-government's policy regarding human resources, space reserves, their cultural heritage and local enterprises can tell us, how municipalities care of their economy
Business climate
Nowadays soft location factors are more important than the hard. Successful city should take care of that.
Sustainable budget
A large public debt can close the door on key investments. Good rating, good budget Self-government's policy in this area has a huge impact on management, good debt the cities' economical growth. management
Average Average, highest score set to 10 * in economic research GDP was mainly available only for Tricity (Gdańsk, Gdynia, Sopot)
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MEDIUM SIZE SOUTH BALTIC RIM CITIES