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Modern Munich is a financial and publishing hub, and a frequently top-ranked destination for migration and expatriate location in livability rankings.

Munich achieved 4th place in frequently quoted Mercer livability rankings in 2011.

For economic and social innovation, the city was ranked 15th globally out of 289 cities in 2010, and 5th in Germany by the 2thinknow Innovation Cities Index based on analysis of 162 indicators.

In 2010, Monocle ranked Munich as the world's most livable city ( in 2012, Munich was ranked fifth in Monocle's ranking, yet remained the highest ranked city in Germany ).