Global City
Soft power
According to Joseph Nye (2004), it uses different method to establish cooperation-attraction. This form of power "arises from the attractiveness of a country's culture, political ideals, and policies"
Thomas Friedman
According to his book "The World is Flat" (2005), there are 3 stages of globalization.
New York
According to the 2018 Global Cities Index, it ranked as the highest in terms of the general criteria i.e. business activity, human capital, information exchange, cultural experience, and political engagement.
1. Cultural diversity of the people 2. Existence of a center of economy 3. Geographic dispersal of economic activities that marks globalization 4. Global reach performance
Characteristics of a global city
New York Tokyo Singapore Seoul
Famous global cities
21st Century
It is a hub for the closer relation of states and for a wider perspective in technological development.
Globalization 1.0
It is the first stage of globalization that lasted 1492 - 1800 and "shrank the world from a size large to a size medium"
Globalization 3.0
It is the third stage of globalization, which occurred during the second half of the 20th century, refers to the age of Pax Americana when the United States of America was the hemogenic power in terms of security, trade, economy.
Multinational corporations
It plays a substantial role in the global economy and enjoy a multitude of privileges such as unquestionable access to vast amounts of wealth they draw from their income, theoretical immortality to a certain extent, and the ability to pit themselves against one another.
Global city
It serves as a hub for production, finance, and telecommunications
Globalization 2.0
The second stage is known as the age of Pax Britannica when Great Britain was the hegemonic power in terms of trade and economy.
Cities
These are hubs for high economic, commercial, cultural, and at times even political activities which can contribute to human progress and development through collaborative efforts of multicultural individuals situated therein
Globalization 1.0
This is known as the age of mercantilism and colonialism and the driving forces were workforce, horsepower, wind power, and later on, steam power
Unipolar World
This system was developed by the reigning hemogenic state by defeating other great powers, not necessarily in a military aspect, but in terms of economy and influence to other states in the world.
