Mercer, the multinational consultancy recently announced that Vienna, Austria has been ranked as the city with the best quality of life in the world, for the ninth year in a row. In a ranking that is dominated by European cities in the highest positions, this year Vancouver (5th), Singapore (25th) and Port Louis (83rd) are the highest-ranking cities in North America, Asia, and Africa, respectively.
So, what is happening in Latin America? Montevideo, the capital of Uruguay, once again occupies the top position. "Although they are challenged by economic and political turmoil," experts at the consultancy explain, "cities in emerging markets are catching up with major cities, after decades of investment in infrastructure, recreational facilities, and housing for the purpose of attracting talent and multinational businesses," they add.
In its twentieth edition, the consultancy, which specializes in advising multinational companies in employee transfers, evaluates more than 450 cities around the world, analyzing 39 factors divided into 10 categories, including political and economic environment, socio-cultural status, hygiene, educational institutions, leisure, housing, the market, and natural disasters.