Global Cities Theory

Global Cities Theory posits that certain cities, like New York, London, and Tokyo, serve as key nodes in the global economy. These cities host major financial institutions, corporations, and cultural hubs, influencing international trade, finance, and communication. Their interconnectedness and concentration of resources attract talent and investment, making them powerful engines of economic growth. This theory emphasizes the role of urban centers in shaping global dynamics, where local actions can have far-reaching implications worldwide. Essentially, it highlights how cities can dominate global networks through their economic and cultural significance.