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The `global city hypothesis' proposed by Saskia Sassen - and subsequently developed by Manuel Castells and others in the theory of a globalized urban network - has in recent years formed the basis for the argument that power and control in transnational firms (TNCs) is primarily situated in global head-offices. Such offices are located in key urban centres such as London, New York or Tokyo where global...
Over the last two decades, accompanying their rapid economic development, many `mega-cities' in China have devoted themselves to changing their relationships to the global economy and some have aimed at attaining global (world) city status as a key future development goal. This paper examines the relationship between global (world) city status and the emerging world economic system, and discusses...
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