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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 examines the emergence of global cities as a new social formation. As 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 discusses the impact of global processes on the social structure of cities. The Fifth Edition reflects the most current data available and explores recent debates such as the role of cities in mitigating environmental problems, the global refugee crisis, Brexit, and the rise of Donald Trump in the United States.

Preface to the Fifth Edition
Preface to the Fourth Edition
Preface to the Third Edition
Preface to the Second Edition
Preface to the First Edition
List of Exhibits
Chapter 1. Place and Production in the Global Economy

Chapter 2. The Urban Impact of Economic Globalization
The Global Economy Today

Strategic Places

Conclusion: After the Pax Americana


Chapter 2 Appendix

Chapter 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

Chapter 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

Urban/Rural Specificity Feeds the Knowledge Economy

The Global City as a Postindustrial Production Site

Producer Services

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

Chapter 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

Conclusion: The Space Economy of Centrality


Chapter 5 Appendix

Chapter 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 Birth of Global Slums

The Restructuring of Urban Consumption

Conclusion: A Widening Gap


Chapter 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

Chapter 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


Chapter 9. A New Geography of Centers and Margins
Summary and Implications

The Locus of the Peripheral

Contested Space

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.
  • Discusses the expanding global refugee crisis of the past decade and its political, social, and economic consequences.
  • Examines cities as leaders in global governance and how cities behaving concurrently with each other effects globalization.
  • Offers In-depth analysis of 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 to help students increase their world awareness.
  • The book strikes the perfect balance between maintaining academic rigor and employing new and innovative concepts.
  • Nearly every data point has been updated with the most recent facts and figures available. In addition, this book introduces new concepts for understanding contemporary urban sociology.
  • Discusses the highly gendered and unequal nature of the global city and how the underprivileged are forced to live a dangerous and unpredictable life on global survival circuits.

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