The result is that Europe’s cities experience fewer co-ordination and investment failures. Capable and transparent city leadership.Mechanisms for sustained investment in maintaining and improving essential urban systems, including local revenue tools and EU-level re-investment.High levels of co-ordination and joint working between local governments.Governance at a scale that more closely resembles the real size of the city.Most are also very well-run cities, having gradually acquired a governance model that is more fit-for-purpose for the tasks of managing the metropolis of the 21 st century. They are served by national platforms that make them globally connected. Europe shows the world what well-run cities look likeĬompared to other parts of the world, Europe is home to many medium-sized cities that are agile, specialised, distinctive and globally recognisable. Here are five core reasons for optimism about the future of Europe’s cities. In fact, these assets make them well equipped for the demands and trade-offs that the next decades are likely to bring. But to observe them as a combined group or ‘system’ from a global perspective, they also have a unique set of compelling endowments that are hard to emulate in other continents. Today Europe’s cities certainly encounter new kinds of challenges that demand more than business-as-usual. This overlooks the ingredients cities require for success over multiple cycles. Some of what is being written about the future of Europe’s cities is the result of a rush to explain the abrupt changes that globalisation and technology elicit. But are Europe’s cities really poised to lose out?
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