This document discusses global cities and their defining characteristics. It begins by outlining the topics to be covered, including what global cities are, mobility and migration patterns, and diversity within global cities. It then defines global cities as major hubs for global flows of people, goods, ideas, and capital that embody both benefits and challenges of globalization. Key characteristics include diversity, cosmopolitanism, and functioning as command centers for the global economy, though this also brings issues like costs, isolation, and discrimination. London, New York, and Tokyo are provided as examples of long-standing global financial centers, while newer global cities have emerged as producers of globally-scoped services and hubs for knowledge workers.
This document discusses global cities and their defining characteristics. It begins by outlining the topics to be covered, including what global cities are, mobility and migration patterns, and diversity within global cities. It then defines global cities as major hubs for global flows of people, goods, ideas, and capital that embody both benefits and challenges of globalization. Key characteristics include diversity, cosmopolitanism, and functioning as command centers for the global economy, though this also brings issues like costs, isolation, and discrimination. London, New York, and Tokyo are provided as examples of long-standing global financial centers, while newer global cities have emerged as producers of globally-scoped services and hubs for knowledge workers.
This document discusses global cities and their defining characteristics. It begins by outlining the topics to be covered, including what global cities are, mobility and migration patterns, and diversity within global cities. It then defines global cities as major hubs for global flows of people, goods, ideas, and capital that embody both benefits and challenges of globalization. Key characteristics include diversity, cosmopolitanism, and functioning as command centers for the global economy, though this also brings issues like costs, isolation, and discrimination. London, New York, and Tokyo are provided as examples of long-standing global financial centers, while newer global cities have emerged as producers of globally-scoped services and hubs for knowledge workers.
This document discusses global cities and their defining characteristics. It begins by outlining the topics to be covered, including what global cities are, mobility and migration patterns, and diversity within global cities. It then defines global cities as major hubs for global flows of people, goods, ideas, and capital that embody both benefits and challenges of globalization. Key characteristics include diversity, cosmopolitanism, and functioning as command centers for the global economy, though this also brings issues like costs, isolation, and discrimination. London, New York, and Tokyo are provided as examples of long-standing global financial centers, while newer global cities have emerged as producers of globally-scoped services and hubs for knowledge workers.
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Global Cities
Francisco M. Largo Department of Economics University of San Carlos
Outline of the Discussion • Introduction • What are Global Cities? • Mobility, Migration, and the Global City • Diversity and Community in the Global City
Main Reference: Colic-Peisker (2014)
Introduction • Global in the Local: • Globalization’s main physical and geographic embodiment • Global flows of people, goods, resources, ideas • Embodies both the good and bad effects of globalization Introduction • Cosmopolitanism • Diversity of people, goods, ideas, and cultures • Capitalist context points to a cosmopolitan commercial consumption • Consumption is costly in resources • Perpetuation in the Internet Age • Networks and groups rely on geographic proximity Introduction • Downsides • High costs, alienation, impersonality, social isolation • Discrimination against migrants of certain kinds • Key Issues: • Diversity and community • Mobility and community Defining the Global City • Historical precedents: • “Imperial” Cities - seats of imperial power • “Free” Cities - links in ancient trade routes • QUIZ: Can you recall any cities in the above categories? • “World” city Defining the Global City • Perspective Matters: • The globe as the unit of analysis • The global city transcends boundaries of nation-states • Sassen (2005) introduces global cities as global command centers of the world economy Defining the Global City • Perspective Matters: • The globe as the unit of analysis • The global city transcends boundaries of nation-states • Sassen (2005) introduces global cities as global “command centers” of the world economy • Global financial centers London, United Kingdom New York, USA Tokyo, Japan Defining the Global City • New global cities have since arisen not only as financial centers but also a producers of services that are global in scope • Global cities are post-industrial • Manufacturing has been scattered across national and global networks • Turn from “landscapes of production” to “landscapes of consumption” Defining the Global City • Apart from being financial centers, global cities are: • Geopolitical power centers • Cultural and trendsetting powerhouses • Higher education hubs • Creative Industries • Nature of activities generates a specific labor demand: • A professional class of knowledge workers • Highly mobile, career minded not necessarily elites Defining the Global City • Nature of activities generates a specific labor demand: • A professional class of knowledge workers • Highly mobile, career minded not necessarily elites • Drives “gentrification” of cities but also polarization • Occupational and income polarization • Highly paid professional class vs providers of low paid services • Polarization of housing markets • Mitigated by state action in certain areas Defining the Global City • Global cities are “brain hubs” and centers of a “knowledge economy” • Economies of scale and concentration necessary despite the proliferation of communications technology • Network economies and spillover effects include “thick labour markets” in knowledge workers • Polarization extends to differentiation by human capital (skills and formal education) Mori Foundation Global City Power Index (2015) Name new global cities