U.S.A.

New York City is considered to be a city of the world. Given that it is home to residents of over 170 different nationalities, 54 Fortune 500 companies, the 3 largest US stock exchanges (NYSE, NASDAQ, and AMEX), a large selection of financial & investment firms, 310 academic institutions, hundreds of major international businesses and plays host to the United Nations Headquarters, this title certainly seems justified. But New York is more than just a global financial capital, it is also the heart of one of the world’s most exciting and greatest cultural, entertainment, media and fashion scenes.

New York’s success lies in the fact that it is a continuously evolving city. It has been shaped by immigration and development since it’s very beginning and its economy has thrived as a result of the city’s adaptability. But New York also faces various challenges. These include difficult financial events, increasing competition from other major international cities as a location for jobs and economic activity, competition for key industries, immigration trends, human capital development and equality of opportunities. However, despite these challenges one thing seems probable, and that is that New York will respond with the same flexibility and resilience it has demonstrated so far during its history.