Secondly, Lisbon has a rich cultural heritage that has been shaped by centuries of history. So, what makes Lisbon a Global Alpha City?įirstly, Lisbon's economy is thriving, heavily dependent on the service sector, including finance, tourism, and real estate. It's considered to be a reliable and valuable tool for analysing the economic and cultural importance of different cities around the world. The classification system it uses is widely accepted and recognised by other economic experts. The Globalisation and World Cities (GaWC) Research Network is a well-respected think tank that specialises in the analysis of global cities and their role in the global economy. This classification however is a significant achievement for Lisbon and speaks to its growing importance as a major economic, cultural, and political center. If you're not familiar with this classification, don't worry, you're not alone.
This means that Lisbon has significant economic, cultural, and political influence on a global scale. Did you know? - Lisbon is classified as a Global Alpha City by the Globalisation and World Cities (GaWC) Research Network.
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