Definitions - World Cities, Mega Cities and Millionaire Cities

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Definitions - World Cities, Mega Cities and Millionaire Cities

World Cities:

Global reach - they have become the command and control centres of the international economy

Dominate the global urban hierarchy

Mainly located in the developed world

The three top ranking world cities are New York, London and Tokyo

Typically, world cities are leading business centres and the preferred headquarter locations of leading TNCs

Global service centres, specialising in advanced producer services such as finance, banking, accounting, law and advertising

Major telecom, information and transport hubs

Magnets for highly educated, skills workers, and are often home to world class universities

Political and cultural impacts; hosting international sporting events, and supporting a wide range of performing arts venues as well as renowned museums and galleries

Mega Cities:

- Regional or national influence

- Total population in excess of 10million people

- Distinguished from global cities by their rapid growth, new forms of spatial density of population, formal and informal economies, as well as poverty, crime and high levels of social fragmentation

- 2011 = 21 mega cities in existence - such as Mumbai and Mexico City

Millionaire Cities:

- A city with over a million inhabitants

- Generally found in MEDCS, such as London (7,753,600) and New York (8,363,710)

- With the increase in globalisation they have also spread in to LEDCs, often at major trading ports, or areas that are become economic hubs - such as Mumbai and Shanghai

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