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Cities in a World Economy

Cities in a World Economy

Fifth Edition

June 2018 | 440 pages | SAGE Publications, Inc

Cities in a World Economy, Fifth Edition examines the emergence of global cities as a new social formation. Sites of rapid and widespread developments in the areas of finance, information and people, global cities lie at the core of the major processes of globalization. The book features a cross-disciplinary approach to urban sociology using global examples, and examines the impact of global processes on the social structure of cities. Updated with data and current events such as environmental issues apparent in the world and what cities can do to help abate them, the current refugee crisis, Brexit, and the rise of Trump in the United States.


1. Place and Production in the Global Economy
2. The Urban Impact of Economic Globalization
The Global Economy Today  
Strategic Places  
Conclusion: After the Pax Americana  
Chapter 2 Appendix  
3. National and Transnational Urban Systems
Global Patterns of Urbanization  
Urbanization in Africa Today  
Urbanization in Asia Today  
Impacts on Primate Systems: The Case of Latin America and the Caribbean  
Impacts on Balanced Urban Systems: The Case of Europe  
Transnational Urban Systems  
Global Cities and Immigration  
Global Cities and Diasporic Networks  
A Politics of Places on Global Circuits  
Conclusion: Urban Growth and Its Multiple Meanings  
Chapter 3 Appendix  
4. The New Urban Economy: The Intersection of Global Processes and Place
From the Keynesian City to the Global City  
The Multiple Circuits of the Global Economy  
The Specialized Differences of Cities Matter: There Is No Perfect Global City  
The Global City as a Postindustrial Production Site  
The Formation of a New Production Complex  
Corporate Headquarters and Cities  
An Emerging Global Labor Market  
Conclusion: Cities as Postindustrial Production Sites  
Chapter 4 Appendix  
5. Issues and Case Studies in the New Urban Economy
The Development of Global City Functions: The Case of Miami  
The Growing Density and Specialization of Functions in Financial Districts: Toronto  
The Concentration of Functions and Geographic Scale: Sydney  
Competition or Specialized Differences: The Financial Centers of Hong Kong and Shanghai  
Making New Global Circuits in Energy and Finance: The Gulf States  
An Old Imperial City in Today’s New East–West Geopolitics: Istanbul  
Globalization and Concentration: The Case of Leading Financial Centers  
Why Do Financial Centers Still Exist in the Global Digital Era?  
In the Digital Era: More Concentration than Dispersal  
The Space Economy of Centrality  
Chapter 5 Appendix  
6. The New Inequalities Within Cities
Transformations in the Organization of the Labor Process  
The Informal Economy  
The Earnings Distribution in a Service-Dominated Economy  
The Restructuring of Urban Consumption
Conclusion: A Widening Gap  
7. Global Cities and Global Survival Circuits
Women in the Global Economy  
Localizing the Global  
The Other Workers in the Advanced Corporate Economy  
Producing a Global Supply of the New Caretakers: The Feminization of Survival  
Chapter 7 Appendix  
8. The Urbanizing of Global Governance Challenges
Cities as Frontier Spaces for Global Governance  
Bridging the Ecologies of Cities and of the Biosphere  
When Finance Hits Urban Space  
When Pursuing National Security Is the Making of Urban Insecurity  
9. A New Geography of Centers and Margins
Summary and Implications  
References and Suggested Reading
About the Author
Key features
  • Updated so that arguments are appropriately ordered and streamlined to better suit the chapter and book as a whole.
  • New post-crisis global economy analysis is done now, 10 years later, for a better examination not only of how the crisis happened, but its true impact.
  • Environmental advocacy by cities is discussed on topics such as reducing emissions, cities taking the helm on global initiatives, and climate recovery.
  • Discussion of the refugee crisis that has continued to swell in the past decade, causing growing pains throughout the world, and causing further political turmoil in situations like Brexit.
  • Examines cities as leaders in global governance and how cities behaving concurrently with each other effects globalization.
  • In depth analysis looks at the roles that cities play in financial networks and the mircoeconomies of both financial executives and the service sector that are simultaneously supported by these financial networks.
  • Taking a multidisciplinary perspective, this book features a cross-disciplinary approach to Urban Sociology using global examples. With both depth and clarity, this book examines the impact of global processes on the social structure of cities helping students increase their world awareness.
  • The book strikes the perfect balance between maintaining academic rigor and employing new and innovative concepts.
  • Nearly every piece of data with the most recent facts and figures available is updated. In addition, this book introduces new concepts for understanding contemporary urban sociology.
  • Includes discussion of the highly gendered and unequal nature of the global city and how it forces the underprivileged to live a dangerous and unpredictable life on global survival circuits.


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ISBN: 9781506362618