WORLD CITIES

WORLD CITIES

1. Definition: Unlink mega-cities they are not defined by size but instead by INFLUENCE, and this is based on trade, political strength, innovation and communications.

2. There are 4 main types of world city:

   • 1) Major capitals and commercial cities in developed countries, e.g. London or Tokyo
   • 2) Major capital and commercial cities in developing countries (semi-periphery), e.g. Singapore or Rio de Janeiro
   • 3) Less important capital and commercial cities, e.g. Sydney or Madrid
   • 4) Les important developing world cities e.g. Bangkok or Mexico City

3. Characteristics of world cities:

   • Political influence - e.g. through the presence of HQ of international institutions
   • Major transport hubs - e.g. Heathrow as Londons busiest airport
   • Economic power - stock exchanges and HQs of major TNCs