Geography of Opportunity

Given the well-documented rise of the emerging world’s superior growth to the Western average, policymakers and business leaders in the transatlantic community should be doing all they can to learn from the exceptional regions in their midst. The only four metro areas in the MetroMonitor top 40 are characterized by a combination of fast-growing new businesses, population growth, and high levels of patented innovation and knowledge sectors. The larger question for Western countries is how to fashion policy to encourage more of the kind of growth we see in Dallas, Houston, Stockholm, and Stuttgart.