Global Cities
The concept of a Global city (or a World city) means a city that has a direct and tangible effect on global affairs through socioeconomic means. The term has become increasingly familiar, because of the rise of globalization (i.e., global finance, communications, and travel). An attempt to define and categorize world cities by financial criteria was made by the Globalization and World Cities Study Group & Network (GaWC), based primarily at Loughborough University in England. The study ranked cities based on their provision of "advanced producer services" such as accountancy, advertising, finance and law. The Inventory identifies three levels of world cities and several sub-ranks (see World cities ranking).
A metropolis is not necessarily a global city—or, being one, it might not be among the top-ranking—due to its standards of living, development, and infrastructures.
Read more about this topic: Metropolis
Famous quotes containing the words global and/or cities:
“However global I strove to become in my thinking over the past twenty years, my sons kept me rooted to an utterly pedestrian view, intimately involved with the most inspiring and fractious passages in human development. However unconsciously by now, motherhood informs every thought I have, influencing everything I do. More than any other part of my life, being a mother taught me what it means to be human.”
—Mary Kay Blakely (20th century)
“The cities of the world are concentric, isomorphic, synchronic. Only one exists and you are always in the same one. It’s the effect of their permanent revolution, their intense circulation, their instantaneous magnetism.”
—Jean Baudrillard (b. 1929)