Commitment to Action

Global Cities Exchange

Commitment by

The Brookings Institution

In 2013, the Brookings Institution (Brookings) committed, in partnership with JP Morgan Chase &Co., to launch the Global Cities Exchange (The Exchange). The Exchange is the result of the growing interest generated from the Global Cities Initiative (GCI) and the Metropolitan Export Initiative (MEI). GCI is a five-year joint project to equip metropolitan leaders with the information, policy ideas, and global connections they need to bolster their regions' positions in the global economy, whereas MEI is a peer learning program designed to help leaders from 12 metro areas create and implement customized, ground-up metropolitan export plans. The combined effort will help both domestic and international metro areas adopt global growth and engagement strategies so they can compete in the 21st century global economy. The first year of the Exchange will engage 20 U.S. metropolitan areas: eight new metropolitan areas and the 12 original metros that participated in the MEI. A second group of eight metropolitan areas will be selected to participate in 2014-2015, resulting in a total of 28 metropolitan areas that will create, adopt, and implement trade and investment strategies over a four-year period.

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Overview
Summary

Commitment

Global Cities Exchange

Launched

2012

Est. Duration

4 Years

Estimated Total Value

$4,000,000

Region

Northern America

Countries

United States

Commitment by

The Brookings Institution

Partner(s) of the Commitment Maker(s)

JPMorgan Chase & Co.