Presentation by Bruce Katz, Vice President of the Brookings Institution and Director of the Metropolitan Policy Program.
Global Cities Initiative forum in Louisville, KY on June 26, 2014.
The Global Cities Initiative is a Joint Project of Brookings and JPMorgan Chase.
For more information: http://www.brookings.edu/projects/global-cities.aspx
14. Source: UN Department of Economic-Social Affairs, World Urbanization Prospects, 2011
31%
China Africa
49% 39%
India
Urban Share of Total Population
2010
15. Source: UN Department of Economic-Social Affairs, World Urbanization Prospects, 2011
China Africa India
+297 million
by 2030
+227 million
by 2030
+343 million
by 2030
40%69% 48%
Urban Share of Total Population
2030
16. Global Middle Class - 2009 | Share of Global Totals
18%North America
36%Europe
28%Asia Pacific
Source: Kharas and Gertz, “The New Global Middle Class,” 2010
17. Global Middle Class - 2030 | Share of Global Totals
7%North America
14%Europe
66%Asia Pacific
Source: Kharas and Gertz, “The New Global Middle Class,” 2010
18.
19.
20. 5,600
$1 billion increase
in exports supports
jobs
11%wage premium
in exporting firms
Greater likelihood
of health and
retirement benefits
in export-intense
industries
Sources: ITA, Jobs Supported by Exports 2013; Brookings, ExportNation (2010)
21. Exports Share of GDP
2010
13%
United States
29% 22%
15%
30%
Japan
China Canada India
European Union
15%
Source: Brookings analysis of WTO and EIU data, 2011
29. Software Computer Systems
Design
Telecommunications R&D Consulting
Services
Services
Pharmaceuticals Advanced
Machinery
Medical EquipmentMotor Vehicles &
Parts
Computer & Electronic
Devices
Aerospace
Manufacturing
Advanced Industries
30. 85%advanced industry
share of private
sector R&D
67%advanced industry
share of patents
30%advanced industry
share of engineers
Sources: Brookings analysis of BRDIS,
Strumsky-Lobo Patent Database, and OES data
Advanced Industries
31. Drive Productivity in
Other Industries
Stimulate Local
Economies
Support Long
Supply Chains
Develop Technology that
Transforms Lives
Advanced Industries
35. Source: US Census Bureau, 2010 American Community Survey
Hispanics
19%
African
Americans
Non-Hispanic
Whites
Asians
25%
39%
56%
Educational Attainment
Associate’s Degree or Higher
United
States
36%
Human Capital
36. Source: US Census Bureau, 2010 American Community Survey
Hispanics
19%
African
Americans
25%
Educational Attainment
Associate’s Degree or Higher
Human Capital
43. Louisville/Jefferson County Metropolitan Area
Lexington-Fayette Metropolitan Area
Source: Brookings, Metropolitan Areas and the Next Economy (2011)
Population
43%
GDP
34%
Kentucky
44. Louisville/Jefferson County Metropolitan Area
Lexington-Fayette Metropolitan Area
Source: Brookings, Metropolitan Areas and the Next Economy (2011)
Population
68%
GDP
57%
Kentucky
46. Top 100 Metro Exports
Chemical
Products
68%
76%
Business/
Professional
Services
Computer/
Electronic
Products
78%
Population
66%
Share of U.S. Totals
Source: Brookings, ExportNation 2012
47. Top 100 Metro International
Connectivity
Air Cargo
83% 83%
Water Cargo Air
Passengers
96%
Population
66%
Share of U.S. Totals
Source: Brookings, Global Gateways (2012) and Metro Freight (2013)
50. Louisville and Lexington, KY - Human Capital & Innovation Dashboard
STEM Jobs
Louisville Metro
19.5%
Share of Jobs in STEM
58th of Top 100 Metros
57.5%
STEM Jobs Not
Requiring BA
25th of Top 100 Metros
Source: Brookings, State of Metropolitan America (2010), Hidden STEM Economy (2013) and Patenting Prosperity (2013)
Education
Top 100
Metros
Louisville
Metro
Bachelor’s Degree
Attainment
32%
25%
Lexington
Metro
34%
Patents
162
Average Annual Patents,
2007-2011
Louisville,
87th of 358 Metros
0.3
Patents per 1k Workers
Louisville,
210th of 358 Metros
Top Patenting Entities
Lexmark International
General Electric
University of Kentucky
University of Louisville
Sud-Chemie
Lexington,
75th of 358 Metros
209
Lexington,
80th of 358 Metros
0.8
51. $8.75 b
Top 100
Metros
Louisville
Metro
Export Intensity
12.7%
15.0%
Export Value
Goods & Services Exports
19.3%
services share
of exports
80.7%
goods share
of exports
Top Sectors - LouisvilleTop Sectors - Louisville
Motor Vehicles 19%
Motor Vehicle Parts 10%
Household
Appliances
5.1%
Top Sectors - LexingtonTop Sectors - Lexington
Motor Vehicles 25%
Motor Vehicle Parts 15%
Petroleum and Coal
Products
4.8%
Source: Brookings, ExportNation 2013
Louisville and Lexington KY - Export Dashboard
44th of 366 Metros
Lexington
Metro
18.8%
$4.38 b79th of 366 Metros
Louisville, KY
Lexington, KY
52. Louisville and Lexington, KY - North America Supply Chain
Source: Brookings, Metro North America (2013)
Motor Vehicles
Goods Trade
Between Louisville and
North American neighbor
metros
Puebla
Mexico City
Toronto
Kitchener
London
Monterrey
Louisville/Lexington
53. $123.8 b
Top 100
Metros
Louisville
Metro
International
Trade Share
15.8%
12.7%
Total Goods Trade
Goods Trade Air Travel
International
Passengers
51st of Top 90 Metros34th of Top 100 Metros
220,954
Top Metros of Origin/DestinationTop Metros of Origin/DestinationTop Metros of Origin/Destination
1 Cancun, Mexico 7.7%
2 London, United Kingdom 4.6%
3 Toronto, Canada 4.0%
4 Montego Bay, Jamaica 3.9%
5 Frankfurt, Germany 2.5%
6 Nassau, Bahamas 2.1%
7 Montreal, Canada 2.0%
8 Freeport, Bahamas 1.9%
Top Global Country/Region
Trading Partners
Top Global Country/Region
Trading Partners
Top Global Country/Region
Trading Partners
1 Canada $3.3 b
2 China $2.3 b
3 Mexico $2.1 b
4 Japan $1.4 b
5 Germany $.8 b
6 Korea $.5 b
7 United Kingdom $.4 b
8 Rest of S.E. Asia $.4 b
Louisville, KY - Freight & Air Dashboard
Source: Brookings, Metro Freight (2013) & Global Gateways (2012)
54. 1 2 31 2
3
Metros are engaging
globally in new ways
METRO
INNOVATION
63. Chicago
Mexico City2nd largest
Mexican immigrant population
resides in Chicago metro area
130
Chicago-based firms with
operations in Mexico City
$1.7 billion
total bilateral trade of locally
produced products
290,000
tourists and business travelers
between Chicago and Mexico City
per year