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World Bank TDLC Organize Competitive Cities Technical Deep Dive (TDD)

Transforming Cities into Competitiveness Champions through Japanese Lessons

Friday, October 27th, 2017
Kobe

 

 

 

 

 

 

 

 

 

 


October 30- November 3, 2017, Tokyo, Yokohama and Kobe- Cities generate more than 60% of global GDP and house more than 50% of the population. Of the largest cities in the world, three-quarters have grown faster than their national economies since the early 2000s. Cities’ success in contribution to national and global economic development is partially attributed to higher productivity resulting from economies of urbanization and localization that attract skilled workers as well as more productive entrepreneurs and firms.

World Bank’s report “Competitive Cities: A Local Solution to a Global Lack of Growth and Jobs” points out the importance of public private coalitions in identifying direction for city economic development and then following policy levers that national and local government could access in driving competitiveness.

This Competitive Cities TDD, jointly organized with World Bank Social, Urban, Rural and Resilient Global Practice (GSURR), the Trade and Competitiveness Global Practice, Competitive Cities Community of Practice (CoP), City of Kobe, City of Yokohama, and the Government of Japan, will provide clients, city officials and decision-makers with the intellectual and practical tools, networks and experiences to lead economic development agendas in their cities. TDLC’s case studies of Kobe and Yokohama, aims to further validate the importance of community and private sector coalitions, early investments in institutions and infrastructure to induce enterprise support, and building good relationship and consensus among public, private and academia with equally divided responsibilities.

MOU Signing with Kobe City

Japan’s City of Kobe and the World Bank will sign a Memorandum of Understanding (MOU) to document experiences and lessons from Kobe City on various development challenges and solution areas such as seismic risk management, competitiveness, and more recently ICT through joint research and knowledge exchange. The ceremony is organized during the Competitive Cities TDD.

 


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