The global city : New York, London, Tokyo
This classic work chronicles how New York, London, and Tokyo became command centers for the global economy and in the process underwent a series of massive and parallel changes. What distinguishes Sassen's theoretical framework is the emphasis on the formation of cross-border dynamics through which these cities and the growing number of other global cities begin to form strategic transnational networks. All the core data in this new edition have been updated, while the preface and epilogue discuss the relevant trends in globalization since the book originally came out in 1991
Print Book, English, ©2001
Princeton University Press, Princeton, N.J., ©2001
xxvi, 447 pages ; 24 cm
9780691070636, 0691070636
45799502
One Overview
PART ONE: THE GEOGRAPHY AND COMPOSITION OF GLOBALIZATION
Two Dispersal and New Forms of Centralization
Mobility and Agglomeration
Capital Mobility and Labor Market Formation
Conclusion
Three New Patterns in Foreign Direct Investment
Major Patterns
International Transactions in Services
Conclusion
Four Internationalization and Expansion of the Financial Industry
Conditions and Components of Growth
The Global Capital Market Today
Financial Crises
Conclusion
PART TWO: THE ECONOMIC ORDER OF THE GLOBAL CITY
Five The Producer Services
The Category Services
The Spatial Organization of Finance
New Forms of Centrality
Conclusion
Six Global Cities: Postindustrial Production Sites
Location of Producer Services: Nation, Region, and City
New Elements in the Urban Hierarchy
Conclusion
Seven Elements of a Global Urban System: Networks and Hierarchies
Towards Networked Systems
Expansion and Concentration
Leading Currencies in International Transactions
The International Property Market
Conclusion
PART THREE: THE SOCIAL ORDER OF THE GLOBAL CITY
Eight Employment and Earnings
Three Cities, One Tale?
Earnings
Conclusion
Nine Economic Restructuring as Class and Spatial Polarization
Overall Effects of Leading Industries
Social Geography
Consumption
Casual and Informal Labor Markets
Race and Nationality in the Labor Market
IN CONCLUSION
Ten A New Urban Regime?
Epilogue
The Global City Model
The Financial Order
The Producer Services
Social and spatial polarization
Reissue of the edition published in 1991