By Alan Berube, Senior Fellow and Research Director at the Brookings Institution Metropolitan Policy Program
Is Dallas a “global region?”
It would sure seem that way. The region is the 6th largest metropolitan economy in the United States, and according to Brookings’ Global MetroMonitor, the 12th largest in the world. By virtue of size alone, Dallas appears to be a powerful force in the global marketplace.
Move beyond size, however, and the global status of the Dallas area seems to be in the eye of the beholder. Different observers have different definitions of what it means to be “global.” Various studies attempt to index the global-ness of major metropolitan areas on measures that combine the presence of major global corporations, human capital, cultural institutions, environment, quality of life, and economic growth. Continue reading
