Global city

(noun)

A global city (also called world city or sometimes alpha city or world center) is a city generally considered to be an important node in the global economic system.

Related Terms

Examples of Global city in the following topics:

  • New State Spaces

    • One of the most prominent theories in this field is that of global cities.
    • A global city is a city that is central to the global economic system, such as New York or London.
    • According to global cities theory, globalization is not a process that affects all places evenly.
    • The most complex and central cities are known as global cities.
    • In some ways, global cities are more intimately connected to the global economic system and to other global cities than they are to surrounding regions or national settings.

  • Thinking Globally

    • Thinking globally in sociology could entail a variety of different approaches.
    • Others study global patterns of consumption, migration, and travel.
    • Still others study local responses to globalization.
    • It refers to the ability to make a global product fit a local market.
    • The possibilities for thinking globally in sociology are as varied as the world we live in: global finance, global technology, global cities, global medicine, global food.

  • Benefits of Globalization

    • Globalization is far from a new concept, with its roots tracing back thousands of years.
    • While the negative consequences of globalization are undeniable, it's important to acknowledge the positive consequences of globalization as well.
    • The central pillar in political globalization is the ever-increasing need to cooperate.
    • While there are ethical concerns associated with globalization, there are ethical benefits as well.
    • Globalization allows for the exchange of goods and services across the globe.

  • Complications of Globalization

    • The increasing rate of global economic and cultural exchange has resulted in a variety of developmental challenges.
    • Globalization has been impacting global development for millennia, and shows no signs of slowing down.
    • While globalization has brought countries in closer contact, it also serves to accelerate conflicts.
    • While you may be able to drink coffee from Ethiopia while texting on a phone manufactured in Korea on an Uber in New York City, there are also some critical downsides to a global economy.
    • Aside from these big topics in globalization, there are other ethical concerns worth mentioning.

  • Global Marketing and the Internet

    • The Oxford University Press defines global marketing as "marketing on a worldwide scale reconciling or taking commercial advantage of global operational differences, similarities and opportunities in order to meet global objectives. " The emergence of the Internet in the early 1990s and its gradual commercialization through the early 2000s would coincide with the globalization of media and cultural products.
    • Virtual help desks can be outsourced, allowing technical staff to log into online systems to assist customers located in distant cities, states, and countries.
    • This same immediacy applies to global marketing, as it allows brands to reach consumers in various ways and offer a wide range of products and services simultaneously.
    • Luckily for global companies, web monitoring and tracking tools have become increasingly sophisticated and offer insights into consumer behavior both online and offline.
    • Translate the use of the Internet to marketing on a global level

  • Debates over Globalization

    • While proponents argue globalization is beneficial to economic growth, opponents argue that it contributes to global inequality.
    • Some research indicates positives trends as the world has become more globalized, though it is unclear if these trends are directly linked to globalization.
    • Those opposed to globalization view one or more globalizing processes as detrimental to social well-being on a global or local scale.
    • Anti-globalization, or counter-globalization, consists of a number of criticisms of globalization, but can be generally described as a criticism of the globalization of corporate capitalism.
    • These images show protests in different cities across the United States where activists protests dominance of the banks, corporations, and organizations like NATO, the World Bank, and IMF.

  • The Process of Urbanization

    • Consequently, huge numbers of rural dwellers migrated to Mexico City, making it an extremely densely populated city of nearly 9 million.
    • Urbanization is the process of a population shift from rural areas to cities.
    • During the last century, global populations have urbanized rapidly:
    • Growing cities also alter the environment.
    • Suburbs, which are residential areas on the outskirts of a city, were less crowded and had a lower cost of living than cities.

  • Politics and the Great Recession of 2008

    • Global political instability is rising fast due to the global financial crisis and is creating new challenges that need to be managed.
    • The 2008–2012 global recession is a massive global economic decline that began in December 2007 and took a particularly sharp downward turn in September 2008.
    • The global recession affected the entire world economy, hitting some countries more than others.
    • In March 2009, Business Week stated that global political instability is rising fast due to the global financial crisis and is creating new challenges that needed to be addressed.
    • On September 11, a pro-independence march, which in the past had never drawn more than 50,000 people, pulled in a crowd estimated by city police at 1.5 million..

  • Summary and references

    • AON Global Risk Alert.
    • "Global Marketing and Advertising.
    • "Globalization: Threat or Opportunity?
    • "Take your Business Global.
    • Available at http://www.doingbusiness.org/EconomyRankings/ The Doing Business project provides objective measures of business regulations and their enforcement across 181 economies and selected cities at the subnational and regional level.

  • Innovation

    • For instance, former Mayor Martin O'Malley pushed the City of Baltimore to use CitiStat, a performance-measurement data and management system that allows city officials to maintain statistics on everything from crime trends to condition of potholes.
    • In its first year, CitiStat saved the city $13.2 million.
    • For instance, former Mayor Martin O'Malley pushed the City of Baltimore to use CitiStat, a performance-measurement data and management system that allows city officials to maintain statistics on crime trends to condition of potholes.
    • In its first year, CitiStat saved the city $13.2 million.
    • Drucker the general sources of innovations are different changes in industry structure, in market structure, in local and global demographics, in human perception, mood and meaning, in the amount of already available scientific knowledge, etc.