Earlier this year, The Economist ranked Toronto as the world's best city to live in. Now, the architecture and design trade publication Metropolis Magazine has followed suit by naming Toronto as the most liveable city in the world.

A team of urban experts - including Danish architect heavyweight Jan Gehl and the Secretary General of the UN's World Tourism Organization Taleb Rifai - determined the rankings. They placed Tokyo and Helsinki as the second and third best cities to "live, work and play in."

In a write-up by Christopher Hume, Metropolis notes that for the first time since the 1970s, Toronto's inner core is growing faster than its outlying suburban areas. The magazine points to projects such as Waterfront Toronto and Toronto Tower Renewal as examples of how the city continues to evolve.

In March, GPS manufacturer TomTom ranked Toronto as the 47th worst city for traffic in the world. And in the Metropolis piece, Hume highlights transit as a major issue still plaguing the GTA.

While we Torontonians love to complain about our city's conservative sensibilities, maybe we're not as boring as we think; the Metropolis rankings also consider the "pleasures a city has to offer the people who live in it."

Do you think Toronto deserves to be named the most liveable city in the world? Let us know in the comments.

Photo by Jason Cook in the blogTO Flickr pool.