Magnet Cities

Magnet Cities

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Cities are like magnets. Just as magnets can either attract or repel, so can cities. A city with a strong magnetic pull draws in new residents, visitors and business investment for the benefit of all. But how do you take a city with low GDP and turn it into one with magnetic appeal? Caroline Haynes, a director in KPMG's Public Sector practice has developed qMagnet Citiesq, a report which examines this very issue. The report draws on case studies from nine cities around the world that have all suffered a sustained period of acute economic decline but which have fought back to become magnet cities and now, in many instances, are outstripping their national counterparts in terms of GDP growth.The city took on the challenge. Mayor Cornett posted his weight-loss progress alongside 40, 000 other residents272. ... The story of Oklahoma Citya#39;s turnaround became more well-known as people heard of Mayor Cornett and his city-wide diet.

Title:Magnet Cities
Author:Caroline Haynes, Vanessa Langley
Publisher:KPMG - 2014-07-25


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