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Defining Global City: - To Others, Cities Which Represent Brain Hubs Are The Most Important 21 Century Cities

The document discusses defining global cities and criteria used to measure them. Global cities are important hubs of innovation with concentrated human capital and knowledge economies. They are more interconnected globally than nationally. Consulting firms and researchers use various criteria to measure global cities like business activity, human capital, information exchange, cultural experience, and political engagement.

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16 views5 pages

Defining Global City: - To Others, Cities Which Represent Brain Hubs Are The Most Important 21 Century Cities

The document discusses defining global cities and criteria used to measure them. Global cities are important hubs of innovation with concentrated human capital and knowledge economies. They are more interconnected globally than nationally. Consulting firms and researchers use various criteria to measure global cities like business activity, human capital, information exchange, cultural experience, and political engagement.

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blahblahblah
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We take content rights seriously. If you suspect this is your content, claim it here.
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Defining Global City

• To others, cities which


represent brain hubs are the
most important 21st century
cities
–
There is concentration of innovative
people, with good human
ecosystems for cutting-edge businesses
(Economist Enrico
Moretti)
–
The continuation of success of Western
economies hinges on
knowledge economy: creation of new
ideas, technologies and

products Defining Global


City
– To Moretti, the most important
cities are not primarily
financial hubs but thriving hubs of
digital innovation
– Compared with “struggling cities”:
those with low
human capital base – with low
proportion of college
graduates in the entire urban
populationDefining Global
City
• The existence of global cities
challenge state-centric
perspective of political
economy that the state
dominates in economic affairs
– Global cities have more
interconnectedness with other
cities and across a transnational field
of action than with
national economy
– They are de-linked or
disembedded from their national
economiesCase Study 1: Various
Criteria for Global Cities used by
Consulting Firms, Think Tanks, and
Research Institutions
• A.T. Kearney Global Consulting’s Global Cities
Index
•
Business Activity (headquarters, services
firms,
capital markets value, number of international
conferences, value of goods through ports and
airports)
•
Human Capital (size of foreign born
population,
quality of universities, number of international
schools, international student population,
number of
residents with college degrees)
•
Information Exchange (accessibility of major TV
news
channels, Internet presence (basically number
of
search hits), number of international news
bureaus,
censorship, and broadband subscriber
rate)Case Study 1: Various Criteria
for Global Cities used by
Consulting Firms, Think Tanks, and
Research Institutions
• A.T. Kearney Global Consulting’s Global
Cities Index
•
Cultural Experience (number of sporting
event,
museums, performing arts venues,
culinary
establishments, international visitors, and
sister
city relationships).
•
Political Engagement (number of
embassies and
consulates, think tanks, international
organizations, political conferences)

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