Global City Theory

Global City Theory suggests that certain cities, like New York, London, and Tokyo, play a crucial role in the global economy due to their concentration of wealth, power, and cultural influence. These cities serve as major hubs for trade, finance, and communication, attracting businesses and skilled workers from around the world. Their global connectivity allows for the rapid flow of information and resources, positioning them as leaders in shaping economic trends and cultural norms. Essentially, they act as engines of globalization, impacting not just local but also international interactions and developments.