Richest Cities In the World

The Gross Domestic Product is regulated on the basis of the output and capital created in the major cities in comparison to the rest of the cities in a country. Some of the  richest cities in the world, mostly based in Japan and China, carry that ‘title’ not only because of their comprehensive performance, but also because they have become smooth-running cities and represent a true source of income and trade.  The investment in the capital and the efficient use of the technology are the basic elements in determining the city’s quality of life. Another very important feature for a city’s bloom is the growth rate of the population. This is a crucial factor, since the human resources enable cities and even countries to develop. All these features have to be a part of the economic policy to create a greater value in the gross domestic product through a betterment in machines, quality education and also, through research and development that will all together bestow the city’s residents with a better quality of life.

The urban population solidity is the basis on which a city can produce a high gross domestic product. It is argued by many economists that the gross domestic product per capita is much greater with high population density. On the other hand, other, believe that this would work the other way around. But, when you are comparing some of the richest cities in the world, you can see that there is not such remarkable correlation between the gross domestic product per capita and the population of that city. Such example is the city with the highest gross domestic product, Abu Dhabi, which is not as populated as Singapore, but both cities are one of the richest cities on the planet.