Editorial Staff

Pioneer Report Offers Framework for Improving Greater Boston’s Global Competitiveness

/in , , , /by Editorial Staff
Share on Facebook
Share on Twitter
Share on
LinkedIn
+

BOSTON – Today, Boston is a fixture in rankings of the world’s top 40 “global cities.” But to become even more attractive to international companies and investors, Boston-area leaders must work to improve housing and healthcare affordability, transportation infrastructure, economic development policies, and education, according to a new study from Pioneer Institute.

Read the Report

“Over recent decades, our world-renowned colleges and universities have played a catalytic role in driving Greater Boston’s ecosystem of innovation in finance, healthcare, and technology,” said Pioneer Executive Director Jim Stergios. “Pioneer’s new report, Greater Boston as a Global Competitor, identifies those areas and provides useful metrics to help Massachusetts formulate a strategy to become an even more attractive place for innovators and talent.”

In 1991, sociologist Saskia Sassen defined a ‘global city’ as including “highly concentrated command points in the organization of the world economy.” Since then, top consulting and research organizations such as Kearney and the Institute for Urban Strategies have issued numerous reports on the concept.

Drawing from these and other “global cities” rankings, Pioneer synthesized dozens of economic, lifestyle, and governance indicators into five categories of importance to Boston’s profile in the international competition for talent and investment: Education, Economics, Innovation and R&D, Healthcare, and Transportation.

“Policymakers as well as the region’s private and public education institutions made important decisions that helped support the rapid development of key world-leading industries in Massachusetts,” said Andrew Mikula, author of the Pioneer study. “Increasing Boston’s standing on the global stage will require that today’s policymakers work hard to maintain our strengths and apply them to new and pressing challenges.”

Many of the region’s shortcomings as a global competitor concern issues of equity, accessibility, and efficiency, whether in education, transportation, housing, or the labor market.

Despite having public schools that are among the nation’s highest performers overall, Massachusetts can still use education to more effectively foster civic engagement and close persistent income- and race-based achievement gaps.

Pioneer’s study builds off the framework of existing rankings to identify constructive actions the region can take to serve its unique needs, illustrating the importance of competitiveness metrics in a still-growing region.

About the Author

Andrew Mikula is the Lovett & Ruth Peters Economic Opportunity Fellow at the Pioneer Institute. Research areas of particular interest to Mr. Mikula include urban issues, affordability, and regulatory structures. Mr. Mikula was previously a Roger Perry Government Transparency Intern at the Institute and studied economics at Bates College.

About Pioneer

Pioneer Institute is an independent, non-partisan, privately funded research organization that seeks to improve the quality of life in Massachusetts through civic discourse and intellectually rigorous, data-driven public policy solutions based on free market principles, individual liberty and responsibility, and the ideal of effective, limited and accountable government.

Get Updates on Our Economic Opportunity Research

Related Content

Visit MassEconomix: Analyze local, regional, and state data on employment, business, and industry trends

Gaetan Kashala Gives Immigrants a Leg Up

This week on JobMakers, host Denzil Mohammed talks with Gaetan Kashala, immigrant from the Democratic Republic of Congo, co-founder of Globex Corporate, a consulting firm connecting the U.S. to Central and Western African businesses and governments, and also the engagement director for AIM, the Associated Industries of Massachusetts.

Study Raises Concern That Annual T Fare Evasion Costs Could Rise By More Than $30 Million Under AFC 2.0

According to the Federal Transit Administration (FTA), the MBTA’s $935.4 million fare collection system (AFC 2.0) that is scheduled to be implemented in 2023 will reduce fare evasion by $35 million over a decade. But the T announced in 2021 that evasion could actually increase by up to $30 million under AFC 2.0, and now a Pioneer Institute study warns that insufficient fare enforcement could drive that figure even higher under the new system.

Study: Tax Up For A Vote In November Would Ensnare Over Three Times More Taxpayers Than Previously Estimated

Analyses from the Massachusetts Department of Revenue (MADOR, 2016) and Tufts University’s Center for State Policy Analysis (2022) dramatically underestimated the number of households and businesses impacted by the constitutionally-imposed tax hike that the legislature is putting before voters in November 2022, according to a new study from Pioneer Institute.

David Keane On How Taking Risks On Immigrants Pays Off

This week on JobMakers, host Denzil Mohammed talks with David Keane, immigrant from Australia and founder of Bigtincan, an artificial-intelligence-powered sales enablement platform for leading companies worldwide. David believes that what makes the U.S. special is its culture both of welcoming immigrants and being willing to try new things, to take risks.

Johan Norberg on How Diversity Drives Progress

This week on JobMakers, host Denzil Mohammed talks with Johan Norberg, senior fellow at the Cato Institute and author of Open: The Story of Human Progress. They discuss the many ways in which America is better off because it has been open to the exchange of ideas and skills that created cures, machinery, and technology.

Jeff Farrah on Why We Need a Start-Up Visa

This week on JobMakers, host Denzil Mohammed talks with Jeff Farrah, General Counsel at the National Venture Capital Association, a D.C.-based group that advocates for public policy supportive of American entrepreneurship.

Carlos Castro: From Crossing the Border to Owning a Business

This week on JobMakers, host Denzil Mohammed talks with Carlos Castro, president and CEO of Todos Supermarket in Woodbridge, Virginia, a successful business employing more than 200 people. He describes the perilous conditions in his native El Salvador, why he crossed the border to America, and why immigrant business owners tend to hire people like them, in this week’s JobMakers.

Alex Nowrasteh on How Immigration Is a Boon to the U.S.

This week on JobMakers, host Denzil Mohammed talks with Alex Nowrasteh, the Cato Institute’s director of immigration studies and author of “The Most Common Arguments Against Immigration and Why They’re Wrong.” This week, Alex hones in on a fact that research has consistently found: that immigrants benefit Americans. And, based on his many years of speaking on this topic to anti-immigrant audiences, he provides insight on where anti-immigrant arguments really come from, as you’ll find out in this week’s JobMakers.

Public Statement on Massachusetts High Technology Council’s Challenge to the Graduated Income Tax Ballot Language

The Massachusetts High Technology Council is right to insist on transparency in the language of a tax hike amendment scheduled to appear on the Massachusetts state ballot next year.