The Global City Flashcards
(50 cards)
Also called world city or sometimes alpha city or world
center, is a city which is a primary mode in the global
economic network
The Global City
“GLOBALIZATION SI SPATIAL”
This statement means two things:
- Globalization is spatial because it occurs in the physical spaces.
- Globalization is spatial because what makes it move is the fact that it is based in places.
In 1950, only — of the world
lived in urban areas.
By 2014, the number increased
to —-. And by 2050, it is
expected of reach —.
30%, 54%, 66%.
is the reason for the increase in the number of people living ni urban areas
GLOBALIZATION
popularized the term
“global city” where it is
primary economic.
Saskia Sassen
Saskia Sassen Identified three global cities:
New York, London, and Tokyo
New York has the
New York Stock
Exchange ( NYSE)
Tokyo has the
Nikkiei
London has the
Financial Time Stick Exchange (FTSE)
New York is the ——- but Los Angeles has —— which produce and creates movies distributed all over the world, which made New York its rival city. Though it is not wealthy as New York, movie-making mecca Los Angeles can now rival the Big
Apple’s cultural influence.
Big apple, Hollywood,
— as global city as it is the home of the hub of world internet and services provider that connect people.
San Francisco
their economy down but later on cope up and bring industry goes up because of their production and services. The impact of their economy alive since they create profit from us
by buying their products.
China
Others consider some cities “global” like —–, simply because they are great
places to live in.
Australia Sydney
— is described as Sydney’s rival “global city” because many magazines and lists have now referred to it as the world’s “most liveable city”—a place with good public transportation, a thriving cultural scene, and a relatively easy pace of life.
Melbourne
INDICATORS FOR GLOBALITY.
- Economic Power
- Global cities are also centers of authority.
- Centers of Political Influence.
- Centers of higher learning and culture
Sassen remains correct in saying that —– largely determine which cities are global.
economic power
New York may have the largest stock market in the world but Tokyo houses the most number of corporate headquarters (— company headquarters
as against —- in New York, its closest competitor).
613 company, 217 in New York,
Economic opportunities in a global city make it —
attractive to talents
from across the world.
Since the 1970s, many of the top —— from —- have moved to —- to become some of the key figures in —-
technology boom.
IT programmers and engineers, Asia, San Francisco Bay Area, Silicon Valley’s
— remains a preferred destination for many Filipinos with nursing degrees.
London
to measure the Economic competitiveness of a city.
The Economist Intelligence Unit has added other criteria like
market size, purchasing power of citizens, size of the middle
class, and potential for growth.
—- is considered as Asia’s most competitive city because of its strong market, efficient and incorruptible government, and livability. It also houses the regional offices of many major global corporations.
Singapore
Washington D.C. may not be as wealthy as New York but it is the seat of American state power. People around the world know its major landmarks: the White House, the Capitol Building (Congress), the Supreme Court, the Lincoln Memorial, and the
Washington Monument.
Global cities are also centers of authority
The headquarters of the United Nations is in—– and that of the European Union is in —-. Powerful political hubs exert influence on their own countries
as well as on international affairs. The European
Central Bank, which oversee Euro (the European
Union’s currency), is based in —-
New York, Brussels, Frankfurt.
