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Global City New York London Tokyo 2ND Edition

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Synopses & Reviews

Publisher Comments:

This classic work chronicles how New York, London, and Tokyo became command centers for the global economy and in the process underwent a series of massive and parallel changes. What distinguishes Sassen's theoretical framework is the emphasis on the formation of cross-border dynamics through which these cities and the growing number of other global cities begin to form strategic transnational networks. All the core data in this new edition have been updated, while the preface and epilogue discuss the relevant trends in globalization since the book originally came out in 1991.

Synopsis:

This work chronicles how New York, London, and Tokyo became command centres for the global economy and in the process underwent series of massive and parallel changes.

Synopsis:

This classic work chronicles how New York, London, and Tokyo became command centers for the global economy and in the process underwent a series of massive and parallel changes. What distinguishes Sassen's theoretical framework is the emphasis on the formation of cross-border dynamics through which these cities and the growing number of other global cities begin to form strategic transnational networks. All the core data in this new edition have been updated, while the preface and epilogue discuss the relevant trends in globalization since the book originally came out in 1991.

Table of Contents

List of Tables xi

Preface to the New Edition xvii

Acknowledgments xxv

One

Overview 3

PART ONE: THE GEOGRAPHY AND COMPOSITION OF GLOBALIZATION 17

Two

Dispersal and New Forms of Centralization 23

Mobility and Agglomeration 24

Capital Mobility and Labor Market Formation 32

Conclusion 34

Three

New Patterns in Foreign Direct Investment 37

Major Patterns 37

International Transactions in Services 44

Conclusion 63

Four

Internationalization and Expansion of the Financial Industry 65

Conditions and Components of Growth 66

The Global Capital Market Today 74

Financial Crises 78

Conclusion 83

PART TWO: THE ECONOMIC ORDER OF THE GLOBAL CITY 85

Five

The Producer Services 90

The Category Services 92

The Spatial Organization of Finance 110

New Forms of Centrality 122

Conclusion 126

Six

Global Cities: Postindustrial Production Sites 127

Location of Producer Services: Nation, Region, and City 130

New Elements in the Urban Hierarchy 140

Conclusion 167

Seven

Elements of a Global Urban System: Networks and Hierarchies 171

Towards Networked Systems 172

Expansion and Concentration 175

Leading Currencies in International Transactions 187

The International Property Market 190

Conclusion 195

PART THREE: THE SOCIAL ORDER OF THE GLOBAL CITY 197

Eight

Employment and Earnings 201

Three Cities, One Tale? 201

Earnings 221

Conclusion 249

Nine

Economic Restructuring as Class and Spatial Polarization 251

Overall Effects of Leading Industries 252

Social Geography 256

Consumption 284

Casual and Informal Labor Markets 289

Race and Nationality in the Labor Market 305

Conclusion 323

IN CONCLUSION 327

Ten

A New Urban Regime? 329

Epilogue 345

The Global City Model 346

The Financial Order 355

The Producer Services 359

Social and Spatial Polarization 361

Appendices

A Classification of Producer Services by U.S., Japanese, and British SIC 367

B Definitions of Urban Units: Tokyo, London, New York 369

C Population of Selected Prefectures and Major Prefectural Cities 373

D Tokyo's Land Market 374

Bibliography 383

Index 435

Product Details

ISBN:
9780691070636
Author:
Sassen, Saskia
Publisher:
Princeton University Press
Location:
Princeton, N.J.
Subject:
General
Subject:
International finance
Subject:
Sociology - General
Subject:
Economics - International
Subject:
International economic relations
Subject:
London
Subject:
New York
Subject:
Financial services industry
Subject:
Tokyo
Subject:
International - Economics
Subject:
Economics
Subject:
Sociology
Subject:
Economics - General
Copyright:
Edition Number:
2
Edition Description:
Trade paper
Series:
Princeton Paperbacks
Series Volume:
SB-116
Publication Date:
August 2001
Binding:
TRADE PAPER
Grade Level:
College/higher education:
Language:
English
Illustrations:
78 tables
Pages:
472
Dimensions:
9 x 6 in 23 oz

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Related Subjects

» Business » General
» Business » International
» History and Social Science » Economics » General
» History and Social Science » Sociology » General
» History and Social Science » Sociology » Urban Studies » General

Global City New York London Tokyo 2ND Edition New Trade Paper
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$40.95 In Stock
Product details 472 pages Princeton University Press - English 9780691070636 Reviews:
"Synopsis" by , This work chronicles how New York, London, and Tokyo became command centres for the global economy and in the process underwent series of massive and parallel changes.
"Synopsis" by , This classic work chronicles how New York, London, and Tokyo became command centers for the global economy and in the process underwent a series of massive and parallel changes. What distinguishes Sassen's theoretical framework is the emphasis on the formation of cross-border dynamics through which these cities and the growing number of other global cities begin to form strategic transnational networks. All the core data in this new edition have been updated, while the preface and epilogue discuss the relevant trends in globalization since the book originally came out in 1991.
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