Boston's "world-class" complex

From today's lead editorial in the Herald:
You'd think that a world class city like Boston with a full card of mega-building projects on the horizon could figure out what to do about the little stuff--in this case the pushcart vendors being ousted by the redevelopment of the old Filene's building. [emph. added]
Two questions:

1. What, exactly, makes a city "world class"?

2. Might there be an inverse relationship between saying you're "world class" and actually being "world class"?

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