Contemporary World

• Global City is a city generally considered to be a important node in the economic system.
• Globalization can be understood as largely created, facilitated, and enacted in strategic geographic locales according to a hierarchy of importance to the operation of the global system of finance and trade.
• Economic Power is the ability of the county to influence the global regional economy.
• Economic Opportunity provides employment opportunities and mobility.
• Global cities are major hubs for economic activities, with thriving financial districts, corporate headquarters, and a robust business environment.
• Global cities often hold substantial political power and are influential on the national and international stage.
• Global cities are often hubs of education, research, and cultural exchange.
• Global cities boast world-renowned universities, museums, theaters, and diverse cultural offerings, attracting talent from around the world.
• Global cities are major economic hubs with a significant impact on the global economy.
• Global cities are melting pots of diverse cultures and ethnicities.
• Global cities have extensive and efficient infrastructure, including transportation (airports, ports, highways), advanced communication systems, and state-of-the-art facilities.
• Global cities are home to leading universities, research, institutions, and think tanks.
• Many global cities serve as political centers, hosting national and international political institutions, embassies, and diplomatic missions.
• Global cities often have a high cost of living.
• Despite the high cost of living, global cities often offer a high quality of life, with access to top-notch healthcare education, cultural amenities, and recreational facilities.
• Global cities have significant impact on global affairs, influencing not only their own regions but also shaping global trends in finance, business, culture and politics.
• Global cities are economic powerhouses, housing the headquarters of multinational corporations, major financial institutions, and stock exchanges.
• Global cities are centers of innovation and technological advancement.
• Global cities are hubs for the cultural and creative industries, including arts, fashion, design, and entertainment.
• Global cities often host international organizations, embassies, and diplomatic missions.
• Sustainable development is an organizing principle that aims to meet human development goals while also enabling natural systems to provide necessary natural resources and ecosystem services to humans.
• Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components.
• Economic development programs, policies or activities that seek to improve the economic well-being and quality of life for a community.
• Social development is about improving the well-being of every individual in society so they can reach their full potential.
• Human development is the process of enlarging people's freedoms and opportunities and improving their well-being.
• Sustainable development is an approach to growth and progress that seeks to meet the needs of the present without compromising the ability of the future generations to meet their own needs.
• Stability is a condition of being stable or in equilibrium and thus resistance to change.
• Sustainability is the ability to sustain something.
• Planetary boundaries are the limits within which humanity can continue to develop and thrive for generations to come.
• The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible.
• Green growth means fostering economic growth and development while ensuring that natural assets continue to provide the resources and environmental services on which our well-being relies.
• The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity.