Monocle magazine released it's ranking of the 25 Most Livable Cities of the world. European cities are leading. Surprisingly Tokyo is arguably the third best livable city after Zurich and Copenhagen. Few years ago a survey showed that Danes are the happiest people in the world. Therefore, it's not a surprise that Copenhagen is the second most livable city in the world after Zurich.

Copenhagen, the capital of Denmark, comes second in a survey of the world's Top 20 liveable cities by Monocle magazine. Munich comes first.

Cities are considered by many to be a blessing and a curse. Large cities generate considerable wealth, they are home to many high paying jobs and are seen as engines of innovation. But cities also generate pollution, crime and poor social structures that lead to the urban blight that plagues their very existence.