A city that is a core or center of global finance and capitalism, with economic power and influence that extends beyond its borders
Attributes of a global city
Economic power
Centers of authority (political influence)
Centers of higher learning and culture
Defining a global city can be difficult
Criteria for determining a global city
Market size
Purchasing power of citizens
Size of the middle class
Potential for growth
Singapore is considered Asia's most competitive city due to its strong market, efficient and incorruptible government, and livability
WashingtonDC is not as wealthy as New York but is the seat of American state power
A city'sintellectual influence is seen through the influence of its publishing industry
LosAngeles is the center of the American film industry, making it a global city
Copenhagen is considered a global city due to its status as a culinary capital
Manchester, England is considered a global city due to its prominence in post-punk and new wave music
Singapore is becoming a cultural center for Southeast Asia, with its TV stations, news organizations, art galleries, and cinemas showcasing works from the region
Globalcities become culturally diverse, allowing people to experience cuisines from different parts of the world
Singapore is slowly becoming a cultural center for the region
Singapore houses some of the region's top television stations and news organizations
Singapore has various art galleries and cinemas that also show paintings from artists and filmmakers from the Philippines and Thailand
Globalcities become culturally diverse
Cuisines from different parts of the world
German cuisine
Japanese cuisine
Turkish cuisine
Manila is not considered a global city as of now due to a shortage of foreign residents
Singapore is considered a global city because it has a foreign population of 38%
Globalization
Occurs in physical spaces, with more people driven out of city centers to make way for new developments
Globalization is based in places, with cities being both the sites and mediums of globalization
Challenges of global cities
Sites of great inequality and poverty
Tremendous violence
Create winners and losers
Density
Compact or crowded settlements that yield energy savings
Extensive publictransportation systems in cities
People tend to drive less and cut carbon emissions
Not all cities are as dense as New York or Tokyo, with some like Los Angeles being urban sprawls that force residents to rely on cars and contribute to high energy consumption and carbon emissions
Vertical farming in abandoned buildings is a way to grow more food in cities instead of importing from other countries
Major terror attacks in recent years have targeted globalcities with influence
Massive inequality is pronounced in cities, but some in Scandinavia have found ways to mitigate it through state-led social distribution programs
Many developing country cities have gleaming buildings alongside massive shanty towns, reflecting inequality
Gentrification - The phenomenon of driving out the poor in favor of newer, wealthier residents
The middleclass is thinning out in global cities as globalization creates high-income jobs concentrated there
Globalcities generate demand for an unskilled labor force to meet their increasing needs
Globalcities may be a paradise for some but a purgatory for others due to inequality
Advantages of living in a global city
Better medical facilities
More job opportunities
More restaurants
Disadvantages of living in a global city
Overcrowding
Higher noise levels
Higher costs of living
Globalcities are both the sites and mediums of globalization, representing its best and worst aspects