Thursday, 5 March 2009

Barcelona, city of entrepreneurs

The Organisation for Economic Co-operation and Development (OECD) believes that Barcelona is a world reference as an example of the fast economic transformation of a declining industrial city, which has managed to become "a dynamic economy with a world-class reputation.". The international organization puts the Catalan capital as a model to follow in the first in a series of meetings that will bring to Toronto, Cape Town, London and Glasgow, among others, in order to open a process of reflection on the local role and the role of local authorities in speeding up the economic recovery of cities. In October, they will be back in Barcelona to present the conclusions of the tour.
The organization presented yesterday in Barcelona a study that analyzed the policies of the city in the promotion of entrepreneurship and noted that the city has no outstanding weaknesses, but the need to increase the scale of their actions. Greg Clark, who is chairman of the Local Development Forum of the OECD, explained yesterday that Barcelona has managed to successfully develop its economy, but now another approach is needed. The focus should be put in the diversification of sectors (as has been done so far, where in fields such as fashion, design and food), now perhaps in areas where innovation and creativity are leaders.

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