10/10/2023 0 Comments What is a global city geographyThe phrase ‘global city’ was further popularized in 1991 by Saskia Sassen, Professor of Sociology at the University of Chicago, in her book ‘The Global City’. John Friedman (1986) identified 30 world cities based on a number of attributes including presence of MNC headquarters, manufacturing activity, population size, and transportation hubs. Peter Hall (1966) further developed the concept, defining “world-citiness” in terms of political power and institutions, the presence of transportation hubs such as airports and seaports, financial activities, and cultural production. The Scottish urban theorist Patrick Geddes (1915) is credited with coining the term ‘world city’ a moniker he gave large, economically important cities of the early 20th century where a significant amount of the world’s trade was taking place. Thus, over time, world cities (also known as global cities) emerge as “command and control centers”, where clusters of multi-national corporate headquarters coordinate the financial and logistic operations that steer the world’s economy. Large, global businesses can garner myriad benefits by locating their headquarters and other, smaller branches alongside other large companies. These support mechanisms include financial services, legal teams, and complicated transport systems all designed with the utmost efficiency in mind. Businesses of such a size require specialist support mechanisms in order to keep running efficiently. Local businesses are replaced by franchises of global corporations. Foods are imported from all over the globe, and sold by supermarkets owned and managed by conglomerates based in foreign countries. Life in a global city is markedly different from life in a rural town or village. Business takes place on a global scale every hour of every day. The modern world is becoming increasingly globalized. As a major financial “command and control” center, London is one of the world’s premier global cities.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |