Questions and Answers
What kind of services are required to manage globalized production networks?
Highly specialized financial and producer services
What is a global city according to Saskia Sassen?
A significant production point of specialized financial and producer services
Why do specialized talent and firms tend to cluster in a limited number of cities?
Due to agglomeration economics
Which cities did Saskia Sassen specifically cover in her book on global cities?
Signup and view all the answers
What do the activities of production in the age of globalization involve?
Signup and view all the answers
AT Kearney's list was developed in conjunction with the Chicago Council on Global Affairs. Their most recent version is the 2012 Global Cities ______
Signup and view all the answers
The Institute for Urban Strategies at The Mori Memorial Foundation in Tokyo published another study called The Global Power City ______ 2011
Signup and view all the answers
Most of these newer lists take a very different a much broader approach closer to the Wikipedia type lists of characteristics rather than a Sassen-like ______
Signup and view all the answers
This study uses criteria across five dimensions: Business Activity, Human Capital, Information Exchange, Cultural Experience, and Political ______
Signup and view all the answers
Number of embassies and consulates, think tanks, international organizations, and political conferences are factors in the dimension of Political ______
Signup and view all the answers
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Study Notes
Globalized Production Networks
- Globalized production networks require services to manage them.
Global Cities
- According to Saskia Sassen, a global city is a hub for worldwide economic activity, concentrated in a few major cities.
- Specialized talent and firms tend to cluster in a limited number of cities due to the concentration of resources, infrastructure, and opportunities.
- Saskia Sassen specifically covered New York, London, Tokyo, Paris, and Frankfurt in her book on global cities.
Characteristics of Global Cities
- Activities of production in the age of globalization involve a complex network of services and industries.
Global City Rankings
- AT Kearney's list, developed in conjunction with the Chicago Council on Global Affairs, ranks global cities; the 2012 Global Cities Index is one such example.
- The Institute for Urban Strategies at The Mori Memorial Foundation in Tokyo published The Global Power City Index 2011, another ranking of global cities.
- Newer lists, unlike Saskia Sassen's approach, consider a broader range of characteristics.
- The study evaluates cities across five dimensions: Business Activity, Human Capital, Information Exchange, Cultural Experience, and Political Engagement.
- Political Engagement involves factors such as the number of embassies and consulates, think tanks, international organizations, and political conferences.
