This document discusses the concepts of globalization, regionalization, and global cities. It provides definitions and key points about each:
1. Globalization refers to the increasing integration of economies and interconnectedness of countries through trade and financial flows. Regionalization is the opposite, as it divides areas into smaller segments through economic and political associations between countries.
2. Countries form regional associations for reasons like military defense, economic cooperation, independence from superpowers, and responding to economic crises.
3. A global city is an influential urban hub that serves as a center for global trade, finance, and business networks. Key traits include advanced business services, multinational headquarters, financial institutions, and influence over large surrounding
This document discusses the concepts of globalization, regionalization, and global cities. It provides definitions and key points about each:
1. Globalization refers to the increasing integration of economies and interconnectedness of countries through trade and financial flows. Regionalization is the opposite, as it divides areas into smaller segments through economic and political associations between countries.
2. Countries form regional associations for reasons like military defense, economic cooperation, independence from superpowers, and responding to economic crises.
3. A global city is an influential urban hub that serves as a center for global trade, finance, and business networks. Key traits include advanced business services, multinational headquarters, financial institutions, and influence over large surrounding
This document discusses the concepts of globalization, regionalization, and global cities. It provides definitions and key points about each:
1. Globalization refers to the increasing integration of economies and interconnectedness of countries through trade and financial flows. Regionalization is the opposite, as it divides areas into smaller segments through economic and political associations between countries.
2. Countries form regional associations for reasons like military defense, economic cooperation, independence from superpowers, and responding to economic crises.
3. A global city is an influential urban hub that serves as a center for global trade, finance, and business networks. Key traits include advanced business services, multinational headquarters, financial institutions, and influence over large surrounding
This document discusses the concepts of globalization, regionalization, and global cities. It provides definitions and key points about each:
1. Globalization refers to the increasing integration of economies and interconnectedness of countries through trade and financial flows. Regionalization is the opposite, as it divides areas into smaller segments through economic and political associations between countries.
2. Countries form regional associations for reasons like military defense, economic cooperation, independence from superpowers, and responding to economic crises.
3. A global city is an influential urban hub that serves as a center for global trade, finance, and business networks. Key traits include advanced business services, multinational headquarters, financial institutions, and influence over large surrounding
CONTEMPORARY WORLD (midterm economic policy cooperation and
reviewer) coordination among countries
Lesson 5: AWORLD OF REGIONS Regions are not natural or given; rather,
they are constructed and defined by GLOBALIZATION policymakers, economic actors, and even i. affects economic, political processes at social movements. the global level ii. signifies events relating to the globe or Countries form regional associations for all over the world. several reasons: iii. World is becoming more interconnected 1. Military Defense - The most widely iv. Globalization promotes the integration known defense grouping is North Atlantic of economies across state borders all Treaty Organization (NATO) formed around the world during the Cold War when several Western European countries plus the REGIONALIZATION United States agreed to protect Europe I. It is examined in relation to identities, against the threat of Soviet Union. ethics, religion, ecological 2. To pool their resources, get better sustainability and health. returns for their exports, as well as expand II. It is a process and must be treated as their leverage against trading partners. an "emergent, socially constituted 3. Form regional blocs to protect their phenomenon." independence from the pressures of super III. The opposite of globalization because power politics. it is dividing an area into smaller 4. Economic Crisis - The Thai economy segments. collapsed in 1996 and It made Association IV. It is also seen as political and of Southeast Asian Nations (ASEAN) economic phenomenon. more "unified and coordinated"
COUNTRIES, REGIONS AND
GLOBALIZATION 1. the rise of religious fundamentalism - is on the rise globally as religious leaders Edward D. Mansfield and Helen V. Milner attempt to regain control over their state that economic and political followers in the face of modernization and definitions of regions vary, but there are secularization. certain basic features that everyone can 2. the resurgence of indigenous religions agree on. - Indigenous religions are also making a comeback in many parts of the world as 1. Regions are a group of countries people seek to reconnect with their cultural located in the same geographic area. roots. 2. The words Regionalization and 3. the spread of new religious Regionalism should not be interchanged, movements - we are seeing the spread of as the former refers to regional new religious movements around the concentration of economic flows while the world. These movements are often based latter is a political process characterized by on Eastern religions like Buddhism, Hinduism, and Taoism, but they are also d) The religious is concerned with appearing in the West. spreading holy ideas global
The Importance of Globalization of what is a global city?
Religion 1. Saskia Sassen (1994), (born January 5, 1947) is a Dutch-American sociologist Globalization transforms the generic noted for her analyses of globalization and 'religion' into a world-system of international human migration. competing and conflicting religions. This a global city serves as an important process of institutional specialization has focal point for business, global trade, transformed local, diverse and fragmented finance, tourism and globalization to cultural practices into recognizable exist. systems of religion 2. Neil Brenner (1998) What is the role of religion in the A global city pertains to an urban contemporary world? centre that enjoys significant 1 . giving meaning and purpose to life, competitive advantages and that serves 2. reinforcing social unity and stability. as a hub within a globalized economic 3. serving as an agent of social control of system. behavior, 3. Adam Smith (2003) 4 promoting physical and psychological it emanates from the idea that well-being, and globalization is created, facilitated & 5. motivating people to work for positive enacted in strategic geographic locales social change (cities) according to a hierarchy of What are the effects or impact of importance to the operation of global globalization on religion? system of finance and trade. Religion provides a sense of 4. Arthur Alderson & Jason Beckfield belongingness to a group in the world. (2004) A Global City, also known by other Globalization terminologies as "alpha city" or "world a. Places value on material wealth center" is a city regarded as a primary b. Abides by human-made laws node in the global economic network c. Globalists are less worried about whether they will end up in heaven or Kearney's list, developed in conjunction hell. with the Chicago Council on Global d. The globalist ideal is largely focused Affairs. Their most recent version is the on the realm of markets. 2012 Global Cities Index. e. The globalist wishes to spread goods and services This study uses criteria across five Religion dimensions: a) Concerned with the sacred 1. Business Activity (headquarters, b) Follows divine commandments services firms, value of goods through c) Religious people are less concerned ports and airports) with wealth and all that comes along 2. Human Capital (size of foreign born with it. population, quality of universities, ) 3. Information Exchange (accessibility 5. Hong Kong of major TV news channels, Internet 6. Singapore presence) 4. Cultural Experience (number of They have significant competitive sporting event, museums, performing arts). advantages, but nonetheless are vulnerable 5. Political Engagement (number of to other dynamic gateway cities that are embassies and consulates, political well positioned to capture spill-over conferences) demand, notably Seoul, Toronto and Sydney and, over the longer term, "The Global Power City Index 2011." Shanghai. This report examined cities in terms of functions demanded by several "actor" ESSENTIAL TRAITS OF A GLOBAL types: Manager, Researcher, Artist, CITY Visitor, and Resident. 1. A variety of international financial services, notably in finance, insurance, real The functional areas were: estate, banking, accountancy, and i. Economy (Market Attractiveness, marketing. Regulations and Risk) 2. Headquarters of several multinational ii. Research and Development corporations. (Research Background, Research 3. The existence of financial headquarters, Achievement) a stock exchange, and major financial iii. Cultural Interaction (Trendsetting institutions. Potential, Dining and Shopping, 4. Domination of the trade and economy of Volume of Interaction) a large surrounding area. iv. Livability (Working Environment, 5. Major manufacturing centres with port Cost of Living, Security and Safety,) and container facilities. v. Environment (Ecology, Pollution, 6. Considerable decision-making power on Natural Environment) a daily basis and at a global level 7. vi. Accessibility (International Centres of new ideas and innovation in Transportation Infrastructure, Inner business, economics, culture, and politics. City Transportation Infrastructure 8. Centres of media and communications for global networks. rankings attempt to look at global cities 9. Dominance of the national region with in four basic ways: great international significance. 1. Advanced producer services production mode ESSENTIAL TRAITS OF A GLOBAL 2. Economic giants. CITY 3. International Gateway. 1. High percentage of residents employed 4. Political and Cultural Hub. in the services sector and information sector. Six cities stand out. The "Big Six" include 2. High-quality educational institutions, the traditional 'super cities' of including renowned universities, 1. London international student attendance, and 2. New York research facilities. 3. Paris 4. Tokyo 3. Multifunctional infrastructure offering some of the best legal, medical, and entertainment facilities in the country. 4. High diversity in language, culture, religion, and ideologies.
2018 CITY CLASSIFICATION OF
GLOBAL CITIES
1. Alpha level cities are linked to major
economic states and regions into the world economy, and are classified into four sections, Alpha ++, Alpha +, Alpha, and Alpha-cities. 2. Beta level cities are cities that link moderate economic regions to the world economy and are classified in three sections, Beta+, Beta, and Beta - cities. 3. Gamma level cities are cities that link smaller economic regions into the world economy, and are classified into three sections, Gamma+, Gamma, and Gamma- cities Sufficiency-Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities. This is sorted into High Sufficiency cities and Sufficiency cities