Wealthy, highly skilled people, including very wealthy oligarchs who may own properties in a number of hub cities and travel freely between them
Low-waged international migrant
Legal and illegal immigrants working in low-pay jobs, such as in kitchens, domestic work, and construction
International migration has increased in global hub cities and regions, deepening interdependence between regions (elite migration of Russian oligarchs to London and mass low-wage economic migration of Indians to UAE, the Philippines to Saudi Arabia)
Hub city
A city that is disproportionately influential on the world stage, economically and politically, and is a focal point for activities with global influence
Hub cities are the most globalised places on the planet, meaning there are substantial flows of capital, goods, and people, to and between these places
Globalization has led to an increase in the level of international migration since the mid-20th century. Hub cities have become destinations for all types of migration, from elite migration to low-wage migration
Characteristics of hub cities
Central location for global activities
Not just about city size, but about the influence and types of flows (money, goods, workers)
Help integrate the global economy together through networks of trade, business, and international governance
Examples of hub cities
London
Resources: Heathrow, Stansted, Luton, financial centre, education (LSE, King's College, UCL, Imperial College), culture (Buckingham Palace, West End, arts, Wimbledon), government (Westminster, NATO)
Business: Financial capital of the world, Square Mile, 500 EU HQs, 30% of UK's busiest McDonald's
$15billion remittances from UAE to Inda
Russian's contribute to 75% house price spike in 2008
1/3 of foreign purchases were Russia in 2013
24million migrants from Kerala working in UAE
'Dirty money' - £1.1bn worth of London property linked to Russia corruption