Barcelona’s key strength point is in its Culture and Tourism. That is why it’s inevitable to think of approaches towards that key strength to boost Barcelona’s economic and global position. Also Barcelona can be made more into an open city for talent and economic activity. Barcelona is now the sixth reputable city in the world, and that is according to its appealing environment. It’s also known as one of the smart cities in the world. However, it can improve its ranking by creating a job market for international professionals as the job market in Barcelona is relatively weak. Another aspect is that the number of annual visitors to Barcelona has decreased, as Colau who has been elected to office in June …show more content…
The true value of real estate for all types of cities is in providing the infrastructure and environment for productive activity that facilitates creativity, innovation and entrepreneurship, while at the same time fostering a sense of community and well-being for its citizens. Moreover, there are the “New World Cities” in which Barcelona lies. Barcelona is mainly a new world city because of its cultural, entertainment and tourist hubs. There are three types of cities: established world cities, emerging world cities, and new world cities. Barcelona is seen as the best positioned city compared to other cities in Spain. It’s economically stable, has a great international brand, and it’s highly appreciated in the field of research. Immigration has played a key part in the economic growth of the region. Chemicals, pharmaceuticals, automobiles, electronics, and appliance manufacturing are among Barcelona’s leading industries. Barcelona ranks as one of the smartest cities in the world. That’s why its certain to think of ways to boost Barcelona’s global and economic position. However, it can improve its ranking by creating a job market for international professionals, thinking of ways to raise the level of education, and stop placing restrictions on tourists to drive them away as tourism is a key strength in