Measuring cities’ inclusive prosperity is an important aid to identifying the policies and practices that work, so that other cities can learn from success stories. The PICSA Index therefore aims to meet this need for a comparative analysis of inclusive prosperity in cities across the globe.
Inclusive prosperity is a multi-dimensional concept involving spatial factors, social goods, and established measures of economic health. The PICSA Index framework reflects these different elements as follows:
GDP per capita and empirical quality of life measures
Personal safety, access to education, and access to ICT (Internet)
Affordability of housing, environmental quality, and access to healthcare
The 1st annual PICSA Index Report was released on November 21st, 2019, shortly after the awards ceremony in Bilbao, Basque Country.
Of the report, PICSA Index co-founder Bruno Lanvin (D&L Partners) said, “With the PICSA index, for the first time, cities were measured not only based on income, but on three pillars that create an overall picture of inclusivity. Through their work on prosperity, social inclusion and spatial inclusion, the cities that ranked on the top of the index have demonstrated world-leading projects and policies that have created inclusive urban centres for all their citizens. On behalf of D&L Partners and the Governments of Bilbao and Biscay, I wish to congratulate the top cities on their outstanding contributions to building a more prosperous and inclusive world”.
The top 3 cities of the 1st annual PICSA Index are (in order): Zurich, Switzerland; Vienna, Austria; and Copenhagen, Denmark.
The 1st annual PICSA Gala and Workshop took place on November 21st, 2019, where the PICSA Index was announced.
The Workshop, titled ‘Scaling Inclusive Prosperity at the City Level’, included a roundtable with city leaders, and private and public sector partners about how policies and practices implemented at the city level can make sure that prosperity is inclusive and benefits all.
A report of the key takeaways from the workshop can be downloaded below.
Cities are assessed on data from these three areas by an international jury of experts. These assessments produce an overall score for each city’s inclusive prosperity, allowing them to be ranked based on a wide range of measures. This year, over 110 cities have been analysed: the Top 20 will receive the PICSA City Seal.
Inaugural PICSA Ceremony & Dinner
Guggenheim Museum, Bilbao
16:00 CET 21 November 2019
In Collaboration With
