Global cities in the context of "World economy"

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⭐ Core Definition: Global cities

A global city (also known as a power city, world city, alpha city, or world center) is a city that serves as a primary node in the global economic network. The concept originates from geography and urban studies, based on the thesis that globalization has created a hierarchy of strategic geographic locations with varying degrees of influence over finance, trade, and culture worldwide. The global city represents the most complex and significant hub within the international system, characterized by links binding it to other cities that have direct, tangible effects on global socioeconomic affairs.

The criteria of a global city vary depending on the source. Common features include a high degree of urban development, a large population, the presence of major multinational companies, a significant and globalized financial sector, a well-developed and internationally linked transportation infrastructure, local or national economic dominance, high quality educational and research institutions, and a globally influential output of ideas, innovations, or cultural products. Global city rankings are numerous. New York City, London, Tokyo, and Paris are the most commonly mentioned.

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Global cities in the context of London

London is the capital and largest city of both England and the United Kingdom, with a population of 9.1 million people in 2024. Its wider metropolitan area is the largest in Western Europe, with a population of 15.1 million. London stands on the River Thames in southeast England, at the head of a 50-mile (80 km) tidal estuary down to the North Sea, and has been a major settlement for nearly 2,000 years. Its ancient core and financial centre, the City of London, was founded by the Romans as Londinium and has retained its medieval boundaries. The City of Westminster, to the west of the City of London, has been the centuries-long host of the national government and parliament. London grew rapidly in the 19th century, becoming the world's largest city at the time. Since the 19th century the name "London" has referred to the metropolis around the City of London, historically split between the counties of Middlesex, Essex, Surrey, Kent and Hertfordshire, which since 1965 has largely comprised the administrative area of Greater London, governed by 33 local authorities and the Greater London Authority.

As one of the world's major global cities, London exerts a strong influence on world art, entertainment, fashion, commerce, finance, education, healthcare, media, science, technology, tourism, transport and communications. London is Europe's largest city economy and one of the world's major financial centres. London hosts Europe's largest concentration of higher education institutions, comprising over 50 universities and colleges and enrolling more than 500,000 students as at 2023. It is home to several of the world's leading academic institutions: Imperial College London, internationally recognised for its excellence in natural and applied sciences, and University College London (UCL), a comprehensive research-intensive university, consistently rank among the top ten globally. Other notable institutions include King's College London (KCL), highly regarded in law, humanities and health sciences; the London School of Economics (LSE), globally prominent in social sciences and economics; and specialised institutions such as the Royal College of Art (RCA), Royal Academy of Music (RAM), the Royal Academy of Dramatic Art (RADA), the School of Oriental and African Studies (SOAS) and London Business School (LBS). It is the most-visited city in Europe and has the world's busiest city airport system. The London Underground is the world's oldest rapid transit system.

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Global cities in the context of Manila

Manila, officially the City of Manila, is the capital and second-most populous city of the Philippines after Quezon City. According to the 2024 census, it has a population of 1,902,590 people. Located on the eastern shore of Manila Bay on the island of Luzon, it is classified as a highly urbanized city. With 43,611.5 inhabitants per square kilometer (112,953/sq mi), Manila is one of the world's most densely populated cities proper.

Manila was the first chartered city in the country, designated by Philippine Commission Act No. 183 on July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Spanish Americas through the galleon trade. This marked the first time an uninterrupted chain of trade routes circling the planet had been established.

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