The global city represents a strategic location at a
local-regional level where global processes are taking part within national
territories and the global dynamic is organized through national institutional
arrangements. This is a highly specialized and diversified institutional process, a very different process than the type
homogenisation or convergence that exists in consumer markets and the global
entertainment industry (Brenner, 1998).
While some cities are upgraded, a large number of other major
cities have lost their role as the main export center for industrial production
(e.g Detroit, Manchester). The
"world production line" - the production and collection of goods from
factories and warehouses around the world - takes place and creates the need
for increasing concentration and complexity of management and programming. The
massive expansion of international trade, integration of stock markets in a
global network and develop international markets for productive services have
become part of the economic base of many major cities. Moreover, local
mega-projects product of para-state agencies and public-private partnerships,
such as the London Docklands and La Defense in Paris represent the local
state's capacity to mobilize and coordinate transnational capital investment.
In that way cities like New York, London, Tokyo or Sao Paulo concentrate a
disproportionate share of these transactions and markets and contribute to the
economic and spatial polarization. But
if in the globalization era, cities are more important than the countries and
we play in the global economical chess in the terms of the "competition of
the cities", do we end to just reinforce the regional inequalities inside these cities or between
the different cities of the same country?
Tuca Vieira, Paraisópolis Favela in Sao Paulo, Brazil 2005
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