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Search Results - Global city

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A global city (also called world 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]

The characteristics sometimes chosen include

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. 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.

Showing 1 to 8 of 8 Articles matching 'Global city' in related articles.
Pages: 1

1. 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

2. 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

3. 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

4. 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

5. Making The Best Out Of A Long Distance Relationship
October 11, 2009

If you're entering into a long distance relationship, you're not alone. In these days of global economy, getting our dream job often mean moving to a new city or a foreign country, and with the ever increasing popularity of internet dating, more and more of us are falling for people from afar. But, with long distance relationships being notorious for their difficulties, how do you go about keeping the spark alive when you're hundreds of miles apart? Honest Preparations Start by establishing that this is definitely what you want to do. Are you serious enough about this person to ... (read more)

Author: Rick Freedom

6. Pune Hotels
October 11, 2009

Pune one of the famous and known cities of Maharashtra is placed 120 km in the east of Mumbai city. Pune is well-known for the focus on leading educational institutes that are of the global standard. There is vast number of hotels as far as the number and variety is concerned. The name Pune comes from Sanskrit word Punya Nagari detonating, the town of righteous deeds. In its beginning days Pune began as Punya-Vishaya or Poonak Vishaya - an undeveloped settlement around 937 AD. By the end of thirteenth century, it was known as Kasbe Pune or Punavadi that was the time when it was beneat... (read more)

Author: alivia martin

7. Bhagalpur Silk Industry
October 06, 2009

Bhagalpur silk fabrics are under the global spotlight. But, beneath all the sheen, the industry has a dark side as well, leaving the existence of its craftsmen in obscurity. Bhagalpur is a town with historical importance situated on the banks of the river Ganga in the state of Eastern Bihar. Once considered as the biggest trade centre of Eastern India, the city is famous for its unique silk fabrics called 'Tussah or Tusser'. Silk weaving is an age old tradition in the city. Fabrics produced in the city are famous both at the domestic and the international market. Bhagalpur cluster ranks ... (read more)

Author: F2F Author

8. Corporate travel agent: A must need for global business trips abroad
October 05, 2009

Globalization has taken the corporate world to the next level. Arranging conferences and meetings at a global destination like Dubai to strike deals has become a trend which is growing stronger. At such times, the importance of a corporate travel agent is more than ever. Travel agents provide services by making the necessary travel arrangements for their clients. Dubai is a renowned international business centre. Finding reliable corporate travel agent for touring and arranging international meetings in Dubai gets easier with Dubai Tour Company. This flourishing trend is met up with th... (read more)

Author: Gary Cairns

Pages: 1


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