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Search Results - Global city

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A global city (also called world city or sometimes alpha city) is a city deemed to be an important node point in the global economic system. The concept comes from geography and urban studies and rests on the idea that globalization can be understood as largely created, facilitated and enacted in strategic geographic locales according to a hierarchy of importance to the operation of the global system of finance and trade. The most complex of these entities is the "global city," whereby the linkages binding a city have a direct and tangible effect on global affairs through socio-economic means.[1] The terminology of "global city", as opposed to megacity, is thought to have been first coined by Saskia Sassen in reference to London, New York and Tokyo in her 1991 work The Global City,[2] though the term "world city" to describe cities which control a disproportionate amount of global business dates to at least Patrick Geddes' use of the term in 1915.[3]

Global City or world city status is seen as beneficial, and because of this many groups have tried to classify and rank which cities are seen as 'world cities' or 'non-world cities'.[3] Although there is a consensus upon leading world cities,[4] the criteria upon which a classification is made can affect which other cities are included.[3] The criteria for identification tend either to be based on a "yardstick value" ("e.g. if the producer-service sector is the largest sector, then city X is a world city")[3] or on an "imminent determination" ("if the producer-service sector of city X is greater than the producer-service sector of N other cities, then city X is a world city").[3]

One of the first attempts to define, categorize, and rank global cities was made in 1998 by the Globalization and World Cities Study Group and Network (GaWC) based at the geography department of Loughborough University, United Kingdom. The roster was outlined in the GaWC Research Bulletin 5 and ranked cities based on their provision of "advanced producer services" such as accountancy, advertising, finance, and law.[4] The GaWC inventory identifies three levels of global cities and several sub-ranks. This roster generally denotes cities in which there are offices of certain multinational corporations providing financial and consulting services rather than denoting other cultural, political, and economic centres.

Another attempt to redefine and re-categorise leading global cities was made by GaWC in 2004. This new roster acknowledged several new indicators but still ranked economics ahead of political or cultural importance.

Showing 1 to 10 of 10 Articles matching 'Global city' in related articles.
Pages: 1

1. Culture and Technology should be communicated between the USA and China
November 19, 2009

November 16, 2009, Barack Obama, the President of the United States, had a conversation with China youth in Shanghai, the most prosperous city in China. The attended people include youth at the conversation spot, youth on the Internet even the all the Chinese people. Meanwhile, the conversation between the President, from the most powerful country in today's world, and youth, from the most powerful developing country, are also concerned by American people. Under the circumstances of global financial turmoil and many challenges the mankind have to face, a few signals about future and the prospe... (read more)

Author: manu wallace

2. How to Make Your New Year Go With a Bang in London
November 16, 2009

Cited as one of the most exciting destinations around, London arguably has it all. From historical intrigue and a thriving cultural programme to entertainment opportunities galore, it’s a major global city bursting with a host iconic landmarks and exhilarating activities. The atmosphere is electric and those who visit cannot fail to be impressed by its unparalleled range of offerings. Embracing the spirit of the festive season in true British style, the English capital is one of the best places to go for those looking to start their New Year with a bang. Indeed, there’s a superb selection o... (read more)

Author: Matthew Pressman

3. Looking for a limousine service that can reach any major city in the world!
November 16, 2009

Prime Time Global headquartered in Stamford, Connecticut with dispatch offices around the world provides excellent corporate and private transportation service that will suit your requirements. Prime Time Global has a range of vehicles including sedans, SUVs, stretch limousines, vans, motor coaches and buses etc. Some of the services that Prime Time Global provides for its customers include corporate services, event management, and leisure services. While the corporate services include Airport Transfers, Conventions, Business Meetings, Sales Conferences, and Corporate Events those in need... (read more)

Author: Evan Pedone

4. Hotels in Paris- a Center for trading
November 12, 2009

Paris, the capital of France and the most popular city of the country is located on Seine, which is a famous river of the northern region of the country. The city is one of the major global destinations in the world and is a center for many trading and business activities. Influence in education, media, politics, and science makes it a must-visit place for many. It is important to plan your trip and book a hotel in advance if you want to make your journey as smooth as possible. Some of the famous hotels in Paris are the following. Western Lorette Opera Hotel: Located in the theater district... (read more)

Author: John Abraham

5. Incentives for incorporating in Hong Kong - Why to set up a company in Hong Kong
November 12, 2009

Hong Kong is renowned for be a uniquely global business city, strategically located in the heart of Asia. With a population of almost 7 million, and a per capita GDP of US$43,700 (CIA World Fact Book 2008), it is clear that Hong Kong’s business environment is thriving. Hong Kong has a stable economy and a Chinese perspective, and consistently plays a key role for international entrepreneurs accessing the Chinese economy. Taking a look at key areas of consideration for international business entrepreneurs, demonstrates why Hong Kong is and will remain a popular and invaluable jurisdiction. ... (read more)

Author: Mark Lazell

6. Escalade Festival celebrates the independence of Geneva
November 12, 2009

For an unforgettable European break this winter, visit Geneva on the weekend of 11 to 13 December and experience the unique Escalade Festival, the magnificent annual celebration of Geneva's independent spirit that catches the city as its best. Geneva is renowned as a global centre for diplomacy, earning the moniker of the Peace Capital of the World, and the Escalade Festival celebrates a defining event in the city's history when, in the early hours of 12 December 1602, the Genevan army successfully repelled an attack by the invading French. Dressed in period costumes, modern-day residents e... (read more)

Author: Jonathan Wallace

7. Realestate in Miami
November 05, 2009

Buying a property is one of the best investment that one can make. That to buying a dream home in one of the America's pre-eminent city like Miami is the finest decision of most of the Americans, which had lead to the increase in Real estate in Miami. Miami is recognized as a global city because of its importance in finance, commerce, media, entertainment, arts and international trade. The city is home to many company headquarters, banks, and television studios. It is one of the country's most important financial centers. It is a major center of commerce, finances, corporate headquarters... (read more)

Author: Jessica M John

8. Basic Variations In Civic Cars
October 29, 2009

Honda’s global accomplishment in the auto business were predominantly because of the favorable debut of its tremendously well-liked brand, the Civic. Before 1973, Honda was for the most part renowned as one of the major producers of reasonably priced and unfussy motorbikes. It had previously launched cars in the native Japanese auto industry but the automobiles were too small for the American Market’s liking. With burgeoning gasoline costs of the seventies and expanding unemployment, salaried individuals began searching for methods to decrease their every day costs. The major elements for... (read more)

Author: Andrew Carter

9. Enjoy Luxurious Stay in Hotels of Gurgaon
October 26, 2009

The visitors of Gurgaon can enjoy luxurious stay in Hotels of Gurgaon. The city is an emerging corporate hub in India. Arguably, Gurgaon hosts the maximum number of multinational corporate offices in India. On the whole, the city is a growing commercial urban centre. Thus, in tune with the growing industrialization and urbanization and the overall commercial significance, both in the regional as well as global perspective, the city has evolved itself into a place where most of the world’s leading luxury hotels thrive very well. The city hosts a number of five-star and other luxury hotels.... (read more)

Author: martinez collins

10. Asia to Get City Loans to Fight Climate Change
October 22, 2009

Climate change may have turned into a serious global issue but its effects will be more visible on under developed economies. According to the World Bank, South Asia and Africa might have to witness economic depression of approximately 5% every year. Earth’s temperature is rising due to global warming and it is being predicted that further warming will result in acute shortage of food and clean drinking water for more than 400 million people. Recently, Surat, a state in India became one of the 10 cities in the Asian Cities Climate Change Resilience Network that will be granted loan from the Wo... (read more)

Author: Kevin Long

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