Global City

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Avatar for curiouscat
2 years ago

A global city is a place that has strong competitive advantages and functions as a crossroads in a globalized economy. The word comes from the research done in the 1980s on cities, which looked at the similar qualities of the world's most prominent cities. However, as more emphasis was devoted to globalization processes in future years, these international cities were known as global cities. The idea of spatial reorganization and the hypothesis that cities were becoming significant centers within global networks of production, finance, and telecommunications were linked to globalization. Such cities are thus considered as the building blocks of globalization in some formulations of the global city thesis. These cities were simultaneously becoming more privileged venues of municipal politics. Early studies of global cities focused on major cities like London, New York City, and Tokyo. However, research on growing global cities outside of this trio, such as Amsterdam, Frankfurt, Houston, Los Angeles, Mexico City, Paris, So Paulo, Sydney, and Zürich, has been done throughout time. These cities are supposed to connect to establish a global city network that serves the needs of multinational capital across vast swaths of land.

We witnessed noteworthy divergences in the trajectories of global cities in this year's Global Cities Index (GCI) rankings. COVID-19 affected first those who were most globally linked, and who were typically most reliant on their worldwide connectivity and international character. The pandemic's influence is evident in the general fall in these leading cities' absolute scores in year 2021 findings. The pandemic's effects were less severe in cities with less global connectedness and cross-border dependency. In many situations, these cities' grades and rankings have improved. The relative improvement in rankings is mostly due to the pandemic's delayed impact in many of these cities. Given the pandemic's disproportionate impact on the reigning cities, they displayed their resilience in this year's results. The top four positions in the Index were kept by New York, London, Paris, and Tokyo, showcasing the strength of their diverse global powers once again.

As a whole, global cities help to shape the global economy, culture, and society, but they are also influenced by it. They're also sites where opposing forces collide and local responses to globalization become particularly obvious.

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2 years ago

Comments

By any chance, are you studying in URS?

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2 years ago

URS? But no am not hehe

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2 years ago

I hope the Philippines can be part of those countries who have great economic power. By the way, I missed reading about economy. I was in college when I read books about economy

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2 years ago

Hoping too, it's a hood thing you encountered this article thank you!

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2 years ago

I want the Philippines to be at least developed. And then from there, we can all work so it will be considered global city.

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2 years ago

Same thoughts

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2 years ago

There are cities in the world that are very well developed and with great economic power! Their involvement in the well-being of the community would not be a bad idea! Have a good day curioscat !

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2 years ago

Indeed, there are a lot of places that have a good economic strategy

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2 years ago