The Contemporary

World October 2022

GROUP 10

THE GLOBAL
CITY
Reporting BEED
The Contemporary
World October 2022

01 What is Global City?

02 Examples of Global City

TOPICS FOR 03 What Makes a Global City

DISCUSSIO 04 Characteristics of Global City

N 05
Role of Global City to Globalization

Reporting BEED
 WHAT IS GLOBAL CITY?
Is a city of demographic and economic change. It contains international
organizations, different firms such as law firms, headquarters, for the
multinational countries as well as stock exchanges that influences the world's
economy. Global cities are the sites for the over-valorization of corporate
capital and the devalorization of disadvantaged workers; but they are also the
sites for new types of politics that allow the latter to emerge as political
subjects.
 EXAMPLES OF GLOBAL
CITIES

LONDON NEW YORK CITY PARIS TOKYO

 WHAT MAKES A CITY A GLOBAL
CITY
“ Global city is a term that raises an understanding for the cognoscenti” (Low, 2005: p218). Low
(2005) further says that a global city is a city that is well thought out to be an important node in the
world’s economic system. A global city has wealth, power and influence to other countries as well as
hosts the largest capital markets. Moreover, a city that has wealthy multinational companies, good
infrastructure, better economy, well-educated and diverse populations and powerful organizations as
well as a good political structure that are linked to the other parts of the world like nowhere else is
considered to be global (Badcock, 2002: p31).
 10 KEY TRAITS ASSOCIATED
WITH CITIES THAT HAVE
ACHIEVED GLOBAL SUCCESS.
Leadership with a
Worldview
Adaptabilty to Global
Dynamics
Ability to Secure
Investment for Strategic
Priorities

Legacy of Global Culture of Knowledge

Government as Global
Orientation and Innovation
Enabler

Specializations with Opportunity and Appeal

Compelling Global
Global Reach to the World
Identity

International
Connectivity
 ROLE OF GLOBAL
CITY TO
“Global cities” are and always have been both, products and producers of globalization. They play an

GLOBALIZATION
important role in shaping a global economy, culture and society, but they are also shaped by it. And
they are places where countervailing forces match and local reactions to globalization become
especially visible. Consequently, the adverse effects of globalization are particularly apparent as well:
not only economic exchange, migration, communication, and technological development take place
predominantly in cities, but also political conflict, cultures clashing and amalgamating, and violence.
Hence, the global city is opening a door to the world, for better or for worse, as a multifaceted
information interface and as a focal point of globalization in various forms.
QUESTIONS OR COMMENTS?