Cities in a World Economy examines the emergence of global cities as a new social formation. As sites of rapid and widespread developments in the areas of finance, information and people, global cities lie at the core of the major processes of globalization. The book features a cross-disciplinary approach to urban sociology using global examples, and discusses the impact of global processes on the social structure of cities. The Fifth Edition reflects the most current data available and explores recent debates such as the role of cities in mitigating environmental problems, the global refugee crisis, Brexit, and the rise of Donald Trump in the United States.

The Urban Impact of Economic Globalization

The Urban Impact of Economic Globalization

Profound changes in the composition, geography, and institutional framework of the world economy over the centuries have had major implications for cities. In the 1800s, when the world economy consisted largely of extracting natural resources and trade, the global function of cities was as servicing centers, typically developed alongside harbors. Then as now, trading companies depended on multiple industrial, banking, and other commercial services located in cities. Many of the major cities in the colonial empires of Britain, the Netherlands, France, Germany, Spain, and Portugal were international gateways. Yet, cities were not the key production sites for the leading industries in the 1800s; they were centers for administration and commerce. The material production ...

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