Copenhagen is the capital and largest city of Denmark. It is situated on the Zealand and Amager Islands and is separated from Malmö, Sweden by the strait of Øresund. With the completion of the transnational Oresund Bridge in 2000, Copenhagen and the Swedish city of Malmö are connected by a car/rail link and are in the process of integrating their labor markets, resulting in the number of commuters from both sides growing annually. These two cities together form the center of the Øresund Region, which is home to almost 3.7 million inhabitants. In 2008, the magazine Monocle listed Copenhagen first in their Top 20 Most Livable Cities Chart, and gave the city the special award as "Best Design City". In addition, it has also been classified as a GaWC Cultural World City, while it is 3rd in Western Europe in terms of attracting regional headquarters and distribution centers, only surpassed by London and Paris. Copenhagen is a center for business and science, not only in Denmark, but also in the Oresund Region and Scandinavia. Thus the Copenhagen Capital Region had both the highest GDP per capita and economic growth in the whole of Denmark in 2005. In a 2006 survey of the richest cities in the world, Copenhagen was ranked 9th, and along with the Norwegian capital Oslo the highest gross wages were paid in Copenhagen, but the high taxes mean that wages are reduced after mandatory deduction. Furthermore, Copenhagen has in several surveys been ranked as one of the most expensive cities in the World.