Somewhat different focus though: "The resulting linkages make it possible to arrange world cities into a complex spatial hierarchy." His list of selection criteria for world cities includes: a major financial center, headquarters for multinational firms, international institutions, business services, an important manufacturing center, a major transportation node and population size. In line with Sassen's argument" "Key cities throughout the world are used by global capital as 'basing points' in the spatial organization and articulation of production and markets. Things are more spread out in today's global economy but there are key nodal points (global cities). These activities are being centralized in global cities. Clustering of corporate headquarters and advanced business services. Decrease in locations where the central management functions happen. Centralization: leads to a demand for expanded central control. there is a global economy that is very different than what it used to be. Dispersal and at the same time there is centralization. She says that there are opposing geographical trends. Cities play an increasingly important role in a globalized economy. Urbanization/globalization as interconnected processes. role of cities in the globalized economy. London, Tokyo, and New York as the big three global cities. A result of globalization's simultaneous dispersal and centralization of economic activities. Global cities as command centers in the globalized economy (key point).
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