Economics

Jakarta Likeliest Emerging City to Rise, Kearney Says

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Jakarta is the likeliest emerging city to gain a global role as a young workforce attracts foreign companies, according to a ranking by A. T. Kearney Inc.

Indonesia’s capital led 34 cities in low and middle-income countries in a survey released today by the Chicago-based consulting firm that measures the likelihood of an improved global standing over the next 10 to 20 years. Citing metrics such as business activity, human capital and innovation, the survey ranked Manila second. Addis Ababa, the capital of Ethiopia, was third.