![]() Among these sites are export processing sectors, off-shore banking centers, and, on a far more multifaceted level, global cities. Paper NOW! ⬇️ Globalization can be broken down in terms of the tactical sites where global procedures appear and the things that bind them. The criterion for classification tends either to be founded on a benchmark value or on a forthcoming determination (Beaverstock, Smith, and Taylor, 1999). Global City or world city rank is seen as valuable, and because of this a lot of groups have attempted to categorize and position which cities are seen as world cities and which ones which are not. ![]() ![]() The idea comes from geography and urban studies and rests on the notion that globalization can be understood as principally fashioned, ran and endorsed in strategic geographic locations according to a hierarchy of significance to the process of the global system of money and trade. A global city is a city that is thought to be significant nodule point in the global economic system.
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