July 2015

In this issue I invite you to visit another megalopolis, where the area of 2,000 sq km is populated by 38 million people. Why do you need to see the capital of Japan? For a couple of reasons. In the 2014 IESE Cities in Motion Index from the University of Navarra, Tokyo was ranked number one in the world (out of 135 cities) based on “smart” indicators such as human capital, urban planning, public management, internet outreach, transport and the economy.

It was also rated fourth (behind New York, London and Paris) in AT Kearney’s Global Cities Index 2014, which evaluates business activity, cultural experience, political engagement and information exchange, among other things. The Tokyo Stock Exchange has almost 2,300 listed companies with a combined market value of more than US$5 trillion dollars. This puts it behind only the US and China. In the last year, unemployment fell here to only 3.4 percent.

Tokyo is also an unusual mix of old Japanese traditions and modern achievements of the civilization. On a clear day you can see Mount Fuji, but the metropolis looks best at night, when the streets are illuminated with signs stretching up the sides of buildings and the tops of towers are picked out in red by gently pulsing aircraft warning lights. Enjoy your reading!

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