Global city in the context of "Budapest"

⭐ In the context of Budapest, its status as a global city is largely supported by which combination of factors?

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⭐ Core Definition: Global city

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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In this Dossier

Global city in the context of Globalization

Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialisation). It developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post–Cold War world.The origins of globalization can be traced back to the 18th and 19th centuries, driven by advances in transportation and communication technologies. These developments increased global interactions, fostering the growth of international trade and the exchange of ideas, beliefs, and cultures. While globalization is primarily an economic process of interaction and integration, it is also closely linked to social and cultural dynamics. Additionally, disputes and international diplomacy have played significant roles in the history and evolution of globalization, continuing to shape its modern form. Though many scholars place the origins of globalization in modern times, others trace its history to long before the European Age of Discovery and voyages to the New World, and some even to the third millennium BCE. Large-scale globalization began in the 1820s, and in the late 19th century and early 20th century drove a rapid expansion in the connectivity of the world's economies and cultures. The term global city was subsequently popularized by sociologist Saskia Sassen in her work The Global City: New York, London, Tokyo (1991).

Globalization describes the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries.

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Global city in the context of New York City

New York, often called New York City (NYC), is the most populous city in the United States. It is located at the southern tip of New York State on New York Harbor, one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with its respective county. It is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy.

With an estimated population in July 2024 of 8,478,072, distributed over 300.46 square miles (778.2Ā km), the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the country's second-most populous city. Over 20.1Ā million people live in New York City's metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, both the largest in the U.S. New York City is one of the world's most populous megacities. The city and its metropolitan area are the premier gateway for legal immigration to the United States. An estimated 800 languages are spoken in New York City, making it the most linguistically diverse city in the world. The New York City metropolitan region is home to the largest foreign-born population of any metropolitan region in the world, approximately 5.9 million as of 2023.

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Global city in the context of Roman civilisation

The history of Rome includes the history of the city of Rome as well as the civilisation of ancient Rome. Roman history has been influential on the modern world, especially in the history of the Catholic Church, and Roman law has influenced many modern legal systems. Roman history can be divided into the following periods:

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Global city in the context of Saskia Sassen

Saskia Sassen (born January 5, 1947) is a Dutch-American sociologist noted for her analyses of globalization and international human migration. She is a professor of sociology at Columbia University in New York City, and the London School of Economics. The term global city was coined and popularized by Sassen in her 1991 work The Global City: New York, London, Tokyo.

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Global city in the context of Taipei–Keelung metropolitan area

The Taipei–Keelung metropolitan area (Chinese: č‡ŗåŒ—åŸŗéš†éƒ½ęœƒå€; pinyin: TĆ”iběi-JÄ«lóng DÅ«hùiqÅ«) also commonly known as Greater Taipei Area (Chinese: å¤§č‡ŗåŒ—åœ°å€; pinyin: DĆ  TĆ”iběi DƬqÅ«) is the largest metropolitan area in Taiwan. It is composed of 3 administrative divisions: Taipei, New Taipei City and Keelung. The region encompasses an area of 2,457.13 square kilometers (948.70Ā sqĀ mi) and a population of 7,034,084 as of 2019. It is the most populous and the most densely populated metropolitan area in Taiwan, with one-third of Taiwanese people living and working there. In some sources, Taoyuan City is included in the metropolitan area on a broader extent, but is usually considered as a metropolitan area of its own.

The region is the epicenter of Taiwanese culture, economy, education and government. Designated as a global city, the region exerts a significant impact on commerce, finance, media, art, fashion, research, technology, education, and entertainment, both locally and internationally. As a diplomatic center, it is the home to all consulates and embassies in Taiwan. Its economic power makes the region the country's premier commercial and financial center as well as in the region of East Asia. Considered to be a global city and rated as an Alpha - City by GaWC, Taipei is part of a major high-tech industrial area. Railways, highways, airports, and bus lines connect Taipei with all parts of the island. The metropolitan area is served by two airports – Songshan and Taoyuan.

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Global city in the context of Geneva

Geneva (/dŹ’ÉŖĖˆniːvə/ jin-EE-və, Arpitan: [dzÉ™Ėˆnɛva] ; French: GenĆØve [Ź’(ə)nɛv] ) is the second-most populous city in Switzerland and the most populous in French-speaking Romandy. Situated in the southwest of the country, where the RhĆ“ne exits Lake Geneva, it is the capital of the Republic and Canton of Geneva. Geneva is a global city, an international financial centre, and a worldwide centre for diplomacy, which has led to it being called the "Peace Capital".

It hosts the highest number of international organizations in the world, including the headquarters of many agencies of the United Nations and the ICRC and IFRC of the Red Cross. It was where the Geneva Conventions on humanitarian treatment in war were signed, and, in the aftermath of World War I, it hosted the League of Nations. It shares a unique distinction with municipalities such as New York City, Bonn, Basel, and Strasbourg as a city which serves as the headquarters of at least one critical international organization without being the capital of a country.

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Global city in the context of Karachi

Karachi is the capital city of the province of Sindh, Pakistan. It is the largest city in Pakistan and 12th largest in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast and formerly served as the country's capital from 1947 to 1959. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200Ā billion (PPP) as of 2021. Karachi is a major metropolitan area and is considered Pakistan's most cosmopolitan city, and among the country's most linguistically, ethnically, and religiously diverse regions, as well as one of the country's most progressive and socially liberal cities.

The region has been inhabited for millennia, but the city was formally founded as the fortified village of Kolachi as recently as 1729. The settlement greatly increased in importance with the arrival of the East India Company in the mid-19th century. British administrators embarked on substantial projects to transform the city into a major seaport, and connect it with the extensive railway network of the Indian subcontinent. At the time of Pakistan's independence in 1947, the city was the largest in Sindh with an estimated population of 400,000 people, and a slim Hindu majority. Following the partition of India, the city experienced a dramatic shift in population and demography with the arrival of hundreds of thousands of Muslim immigrants from India, coupled with an exodus of nearly all of its Hindu residents. The city experienced rapid economic growth following Pakistan's independence, attracting migrants from throughout the country and other regions in South Asia. According to the 2023 Census of Pakistan, Karachi's total population was 20.3Ā million. Karachi is one of the world's fastest-growing cities, and has significant communities representing almost every ethnic group in Pakistan. Karachi holds more than two million Bengali immigrants, a million Afghan refugees, and up to 400,000 Rohingyas from Myanmar.

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