The Smart City concept is perceived as a method of dynamic development of cities and an opportunity to improve the quality of life of the urban community. Nevertheless, it is not without its disadvantages, among which the possibility of exclusion (economic, social or digital) is most often mentioned. However, the literature on the subject lacks empirical research verifying this allegation. For this reason, the purpose of this article is to conduct a comparative analysis of economic and social conditions in 17 Polish cities, 3 of which are recognized as Smart Cities in international rankings. By analyzing the economic and demographic conditions in the long term, an attempt is made to answer the question of whether Smart Cities offer better living conditions, and if so, how big is the imbalance and the risk of excluding other cities? In the course of the research, the following are taken into account: tax revenue per capita, unemployment rate, population density and level, as well as the share of working and post-working age population. These parameters are analyzed using descriptive statistics and systematized using multi-criteria analysis. The collective comparison of all the surveyed provincial cities shows that the best economic and demographic conditions apply to cities recognized as smart. The average annual rate of changes in tax revenues in the surveyed cities ranges from 5% to almost 8% and is the highest in Warsaw, Kraków and Wrocław. These cities are also characterized by the lowest unemployment rate, ranging from 3% to 4% (in other cities, from 4% to almost 7%). The mentioned cities and Gdańsk are the only ones with a positive rate of population change (from 0.62% to 1.08%). Other studied cities are systematically depopulating (annual rate of change from −0.37% to −7.09%). In Warsaw, Wrocław and Kraków, the share of the working-age population is also decreasing the slowest (the annual rate of change below −1.0%). The cities recognized as smart (Warsaw, Kraków and Wrocław) are matched by Gdańsk and Poznań, which can be considered strong contenders for being smart. Unfortunately, the remaining cities are far from the leaders of the ranking, which may expose them to economic and social exclusion, all the more so that the parameters examined in them are characterized by negative tendencies. It can, therefore, be concluded that striving to be smart can be a cause of increasing the economic and demographic distance. Therefore, it may increase unbalance and generate exclusion in the analyzed areas.
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