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Learning objectives: Discuss the spatial pattern of global interactions

Learning objectives: Discuss the spatial pattern of global interactions. Key terminology Core Periphery Network Hubs Nodes Semi periphery World systems theory World cities . Match the definitions . Match the definitions . Global Hubs.

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Learning objectives: Discuss the spatial pattern of global interactions

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  1. Learning objectives: Discuss the spatial pattern of global interactions Key terminology Core Periphery Network Hubs Nodes Semi periphery World systems theory World cities

  2. Match the definitions

  3. Match the definitions

  4. Global Hubs • Switched-on places possessing qualities that make other places want to connect with them. • World cities (London, Tokyo, New York etc.) • Many host the major TNCs, why?. • They tend to be places of increasingly diverse culture as flows of people, finance, trade and ideas converge on them.

  5. Hubs are connected by flows and networks • Flows: • Flows of Money and capital through stock market at major hubs (NY, Tokyo and London)

  6. Flows • Information via internet, facebook, myspace

  7. More flows •Flows Of Manufactured goods particularly those of transnational corporations (TNCs) Tesco, Disney •Flows Of Raw materials Such as food, oil, minerals •Flows of people Demographic changes e.g. Poles to UK, Filipinos to HK

  8. Networks •Transport networks e.g. air travel and container/bulk Shipping, DragonAir •Political networks especially those that focus on economic / trade ties- trade blocs

  9. World cities? Large urbanised regions defined by dense patterns of interaction Centres through which money, information and commodities flow Hierarchical Primary cities command most economic power and attract greatest global investment Sites for concentration and accumulation of capital

  10. Where is the core? • You must identify 12 world cities based on the following 1. Global Finance Centres.2. Countries with the highest number of McDonald's restaurants.3. Number of mobile phones in use.4. Internet users.5. Busiest passenger airports.6. Tourism receipts (US$)

  11. World cities • Economic: Stock exchanges, corporate headquarters, high cost of living, financial transactions • Political: World influence, expatriate communities, headquarters of international organisations, capital cities • Cultural: Familiarity, host of sporting and cultural events, centre of education and tourism, variety of religions • Infrastructural: International airport, mass transit system (underground.subway), quality infrastructure and amenities

  12. How do yours compare? • P320 • Course companion

  13. What models have you studied about progress and development? When did globalisation commence? Which developmental models are most accurate?

  14. The theory states that as prosperity grows, the majority of the wealth is enjoyed by a core of the population. Furthermore, even though the periphery has a greater population, it is the countries with the strongest economic system that holds the strongest government.

  15. The global cities Index: • Based on: • Business activity • Human capital • Information exchange • Cultural experience • Political engagement Spatial distribution of global ‘Alpha’ cities:

  16. World cities • These have been created by a shift from an international economy, where goods and services are traded across national boundaries by individuals and firms from different countries under the strict control of individual nations to a GLOBAL ECONOMY

  17. Global economy • Goods and services are produced by large MNCs who dictate the industrial policy of the nation state • They usually orchestrate their operations from world cities

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