Summary
Contents
The SAGE Key Concepts series provides students with accessible and authoritative knowledge of the essential topics in a variety of disciplines. Cross-referenced throughout, the format encourages critical evaluation through understanding.
Written by experienced and respected academics, the books are indispensable study aids and guides to comprehension.
Key Concepts in Urban Studies:
Clearly and concisely explains the basic ideas in the interdisciplinary field of urban studies; Offers concise discussions of concepts ranging from community, neighbourhood, and the city to globalization, the New Urbanism, feminine space, and urban problems; Constitutes a re-examination of the key ideas in the field; Is illustrated throughout with international examples; Provides an essential reference guide for all students and teachers across the urban disciplines within sociology, political science, planning and geography.
Globalization
Globalization
Globalization refers to the increased interdependence of the world's economies shown by the circulation of information, money, people and goods across national boundaries. It is characterized by a process of decline in national ownership of major corporations to the benefit of a select number of ‘transnational corporations’ that operate without consideration for the implications of their decisions to specific places across the globe.
During the recent period that gave rise to the domination of the world's business by these transnational corporations, the kind of electronic transfers of money made possible by finance capital discussed in the case of the global city (see previous entry) became critically important. The globalization of portfolio investment (stocks, bonds and derivatives) has facilitated the growth of Foreign Direct Investment (FDI), one of the major drivers of the internationalization of economic activities in ...