11.10

• Global city


  The idea emerged in the social science literature in the 1980s, shortly after the concept of globalization. It has a central place in understanding contemporary spatial patterns of globalization. It is the main physical and geographic playground of the globalization forces. The global flows of people, capital, and ideas are woven into the daily lived experiences of its residents. It means power, sophistication, wealth, and influence. The ideas and values of the metropolis shape the world. Embodies both the good and the bad effects of globalization. The global city transcends the boundaries of nation-states.
• Global Power City Index (GPCI)


  • Evaluates and ranks the major cities of the world according to their "magnetism", or their comprehensive power to attract creative people and business enterprises from around the world. The comprehensive power sought by each city fluctuates in accordance with economic and social changes. Considers the advancement of women in society, ICT infrastructure, and risks to mental health. Expanded to encompass 44 cities in 2017 including Dubai and Buenos Aires.
• The GPCI has been produced with the involvement of the late Sir Peter Hall, a global authority in urban studies, as well as other academics in this field. It has been peer-reviewed by third parties, all international experts from both the public and private sectors.
• Top 5 cities in GPCI-2017

  • London (No. 1), New York (No. 2), Tokyo (No. 3), Paris (No. 4), and Singapore (No. 5)
• Sydney (No. 10) climbs four spots this year to edge its way into the top 10 for the first time in seven years. Cities such as Los Angeles (No. 11), Beijing (No. 13), and San Francisco (No. 17) also largely improve their rankings from last year.
• European cities score highly in Livability and Environment. Asian cities rank highly overall and earn strong scores in Economy.
• Trends for top 3 cities

  • London: Further extends its lead by improving scores for GDP Growth Rate, Level of Political/Economic/Business Risk, Attractiveness of Dining Options, and Number of Visitors from Abroad
• Dubai and Buenos Aires made their first-ever appearances in the GPCI in 2017 with respective comprehensive rankings of no. 23 and no. 40.
• Dubai boasts strengths in Cultural interaction (no. 9) and economy (no. 11) mainly thanks to strong evaluations for corporate tax rate in the economy, and a number of luxury hotel guest rooms in cultural interaction.
• Downsides of the global city

  • High costs, alienation, impersonality, social isolation, discrimination against migrants of certain kinds
• Diversity and community


  As more people from different backgrounds and cultures come together in cities, there is a need to ensure that everyone feels included and has access to the resources that support their needs.
• Mobility and community


  As more people from different backgrounds and cultures come together in cities, there is a need to ensure that everyone feels included and has access to the resources that support their needs.
• Cosmos


  The world as a whole
• Polis


  Self-governing political entity
• Cosmopolitanism


  The idea of being a citizen of the world, with a global perspective and openness to diverse cultures
• Cosmopolitanism invokes


  • Travel
  • Exploration
  • Worldly pursuits
• Cosmopolitanism is enjoyed by those who have benefited from globalization
• JAPANESE MORI FOUNDATION'S GLOBAL POWER CITY


  It measures the global power of cities using the combination of six (6) criteria
• Criteria used to measure global power of cities

  • Economy
  • Research and development
  • Cultural interaction
  • Livability
  • Environment
  • Accessibility
• 6 Main Functions Representing City Strength

  • Economy
  • Research and development
  • Cultural interaction
  • Livability
  • Environment
  • Accessibility
• Economy - cities scoring well in this indicator

  • High number of co-working spaces
  • Developing the capacity to host small-business ventures
  • Facilitating workplace options include London, New York, Tokyo, and Hong Kong
• American cities dominate with 5 out of the top 10 cities in R&D
• Research and Development


  American cities dominate with 5 out of the top 10 cities in R&D
• Cultural Interaction


  • Cities in Asia and the Middle East boast a high number of facilities supporting visitors
• Livability


  Represented primarily by those found in Europe, which consistently score high for Employee Life Satisfaction, Social Freedom and equality, and Number of Medical Doctors
• Environment - European cities

  • Strong results in Water Quality
  • Strong Green Coverage
  • Low CO2 Emissions
• Top performing cities when in comes to environment


  • Stockholm
  • Zurich
  • Copenhagen
• Accessibility


  Paris and London lead in Accessibility due to their well-developed international connectivity
• Five Global Actors Who Lead the Urban Activities in their Cities

  • Manager
  • Researcher
  • Artist
  • Visitor
  • Resident
• New York (No. 2)


  Increases its scores for the Economy indicators of Nominal GDP and GDP Growth Rate
• New York (No. 2) fails to make any significant headway in the comprehensive score</b>
• New York (No. 2) returned weaker scores this year in Cultural Interaction indicators such as the Number of World-Class Cultural Events Held
• New York (No. 2) returned weaker scores this year in Livability indicators like Variety of Retail Shops
• Tokyo


  Claimed the No. 3 ranking for the first time last year
• Tokyo


  Closed the gap on New York (No. 2) this year
• Japan's capital city


  Slips from no. 1 to no. 4 in Economy
• Reason for slipping in Economy

  Weaker scores in "Market Size" and "Market Attractivenes"