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1 Global City By: System Administrator On: :59 (29667 Reads) Global City or world city World Cities Are Influential on a Global Scale: Economically powerful integrated into the world economy Politically influential -perhaps a center of political power or have something politically important on a global scale like the UN Culturally significant Have Human Capital - workers who are more productive and highly educated or skilled on a level that is globally competitive Further descriptions below Cities could be classified as -World City or Global City Other cities around the world may be important to other areas around the globe but are not world cities Command and Control Center - has lots of TNCs and could just be regionally or sub-regionally important 1 of 5 5/1/15 4:42 PM

2 Producer-Service Center - Specialize in certain things like R&D, or making high tech manufacturing or steel and are important to a wide area around them or even internationally but just for the special service Dependent Centers - provides unskilled jobs for other cities around the world like resort cities, manufacturing centers, mining etc Criteria A major international airport that serves as an established hub for several international airlines. International financial institutions, law firms, corporate headquarters, international conglomerates, and stock exchanges (for example the World Bank, or the New York Stock Exchange) that have influence over the world economy. Active influence on and participation in international events and world affairs (New York has the UN, other cities have global headquarters for major political parties, NGOs, or Unions or international organizations) World-renowned cultural institutions, such as museums and universities. International, first-name familiarity; whereby a city is recognized without the need for a political subdivision. Human Capital: 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. In other words, items in the 3rd, 4th and 5th job sectors. ''Note: not a megacity. Megacities are purely large cities by population size and are quite often found in LDCs. best examples, NYC, London, Tokyo and, yes, Chicago (but first three are best examples). '' Global city: Additional Information 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. The terminology of "global city", as opposed to megacity, is thought to have been first coined by the sociologist Saskia Sassen in reference to her 1991 work, "The Global City: New York, London, Tokyo" 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 Cities can fall from being appropriate to such categorization, such as in the case of cities that have become less cosmopolitan, and less internationally renowned in the current era, e.g., Kaliningrad, Russia, Thessaloniki, Greece and Alexandria, Egypt. Criteria 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'. Although there is a consensus upon leading world cities, the criteria upon which a classification is made can affect which other cities are included. 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 2 of 5 5/1/15 4:42 PM

3 city") 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"). Economic characteristics * Corporate headquarters for multinational corporations, international financial institutions, law firms, conglomerates, and stock exchanges that have influence over the world economy. * Significant financial capacity/output: city/regional GDP * Stock market indices/market capitalisation * Financial service provision;e.g., banks, accountancy * Costs of living personal wealth; e.g., number of billionaires Political characteristics * Active influence on and participation in international events and world affairs; for example, Washington, Beijing, Berlin, Brussels are major capitals of influential nations or unions. * Hosting headquarters for international organizations (World Bank), NATO headquarters * A large proper, population of the municipality (the centre of a metropolitan area, typically several million) or agglomeration * Diverse demographic constituencies based on various indicators: population, habitat,mobility, and urbanisation * Quality of life standards or city development * Expatriate communities Cultural characteristics * International, first-name familiarity; whereby a city is recognized without the need for a political subdivision. For example, New York City is commonly referred to as just "New York" even though the city is in the state of New York. * Renowned cultural institutions (often with high endowments), such as notable museums and galleries, notable opera, orchestras, notable film centres and theatre centres. A lively cultural scene, including film festivals (such as the Toronto International Film Festival), premieres, a thriving music scene, nightlife, an opera company, art galleries, and street performers, annual parades. * Several influential media outlets with an international reach, such as the BBC, Reuters, The New York Times, or Agence France-Presse. * A strong sporting community, including major sports facilities, home teams in major league sports, and the ability and historical experience to host international sporting events such as the Olympic Games, Football World Cup, or Grand Slam tennis events. * Educational institutions; e.g., universities, international student attendance, research facilities * Sites of pilgrimage for world religions (for example, Jerusalem or Rome) * Cities containing World Heritage Sites of historical and cultural significance * Tourism throughput * City as site or subject in Arts and Media, television, film, video games, music, literature, magazines, articles, documentary * City as an often repeated historic reference, showcase, or symbolic actions Infrastructural characteristics * An advanced transportation system that includes several highways and/or a large mass transit network offering multiple modes of transportation (rapid transit, light rail, regional rail, ferry, or bus). * Extensive and popular mass transit systems, prominent rail usage, road vehicle usage, major seaports * A major international airport that serves as an established hub for several international airlines, for example, London. Airports with significant passenger traffic and international passengers traffic. or cargo movements * An advanced communications infrastructure on which modern trans-national corporations rely, such as fiberoptics, Wi-Fi networks, cellular phone services, and other high-speed lines of communications. For example, Seoul and Tokyo are 3 of 5 5/1/15 4:42 PM

4 known as the digital and technology capitals of the world. * Health facilities; e.g. hospitals, medical laboratories * Prominent skylines/skyscrapers (for example Shanghai or Hong Kong) Global Cities Index In October 2008, the American journal Foreign Policy, in conjunction with consulting firm A.T. Kearney and the Chicago Council on Global Affairs, published a ranking of global cities, based on consultation with Saskia Sassen, Witold Rybczynski, and others. Foreign Policy noted that "the world s biggest, most interconnected cities help set global agendas, weather transnational dangers, and serve as the hubs of global integration. They are the engines of growth for their countries and the gateways to the resources of their regions." The rankings are based on the evaluation of 24 metrics in five areas: business activity, human capital, information exchange, cultural experience, and political engagement. The top thirty of the 60 cities ranked were: Rank City Best category (position in that category) 1 New York City Business Activity and Human Capital (1st) 2 London Cultural Experience (1st) 3 Paris Information Exchange (1st) 4 Tokyo Business Activity (2nd) 5 Hong Kong Business Activity and Human Capital (5th) 6 Los Angeles Human Capital (4th) 7 Singapore Business Activity (6th) 8 Chicago Human Capital (3rd) 9 Seoul Information Exchange (5th) 10 Toronto Cultural Experience (4th) 11 Washington, D.C. Political Engagement (1st) 12 Beijing Political Engagement (7th) 13 Brussels Information Exchange (2nd) 14 Madrid Information Exchange (9th) 15 San Francisco Human Capital (12th) 16 Sydney Human Capital (8th) 17 Berlin Cultural Experience (8th) 18 Vienna Political Engagement (9th) 19 Moscow Cultural Experience (6th) 20 Shanghai Business Activity (8th) 21 Frankfurt Business Activity (11th) 22 Bangkok Political Engagement (13th) 23 Amsterdam Business Activity (10th) 24 Stockholm Information Exchange (13th) 25 Mexico City Cultural Experience (9th) 26 Zürich Information Exchange (8th) 27 Dubai Information Exchange (14th) 28 Istanbul Political Engagement (8th) 29 Boston Human Capital (9th) 30 Rome Cultural Experience (15th) Global Power City Index 4 of 5 5/1/15 4:42 PM

5 The Institute for Urban Strategies at The Mori Memorial Foundation in Tokyo, Japan issued a comprehensive study of global cities in October The ranking is based on six overall categories, "Economy," "Research & Development," "Cultural Interaction," "Livability," "Ecology & Natural Environment," and "Accessibility," with 69 individual indicators among them. This Japanese ranking also breaks down top ten world cities ranked in subjective categories such as "manager, researcher, artist, visitor and resident." Rank City Score Best category (position) 1 New York City Economy (1.) Research & Development (1.) 2 London Cultural Interaction (1.) 3 Paris Livability (1.) Accessibility (1.) 4 Tokyo Economy (2.) Research & Development (2.) 5 Singapore Economy (5.) Cultural Interaction (5.) 6 Berlin Livability (2.) 7 Vienna Ecology & Natural Environment (3.) 8 Amsterdam Accessibility (3.) 9 Zürich Ecology & Natural Environment (2.) 10 Hong Kong Economy (4.) 11 Madrid Ecology & Natural Environment (7.) Accessibility (7.) 12 Seoul Research & Development (4.) 13 Los Angeles Research & Development (5.) 14 Sydney Ecology & Natural Environment (9.) 15 Toronto Livability (5.) 16 Frankfurt Accessibility (5.) 17 Copenhagen Economy (9.) Livability (9.) 18 Brussels Livability (8.) 19 Geneva Ecology & Natural Environment (1.) 20 Boston Research & Development(6.) Following positions and scores: 21. Shanghai (224.1), 22. Chicago (221.1), 23. Vancouver (219.1), 24. San Francisco (218.1), 25. Osaka (215.1), 26. Beijing (211.4), 27. Kuala Lumpur (204.1), 28. Milan (203.5), 29. Bangkok (199.1), 30. Fukuoka (196.5), 31. Taipei (195.9), 32. Moscow (179.5), 33. São Paulo (177.7), 34. Mumbai (165.5), 35. Cairo (132.2) 5 of 5 5/1/15 4:42 PM