Metropolis - Global Cities

Global Cities

The concept of a Global city (or a World city) means a city that has a direct and tangible effect on global affairs through socioeconomic means. The term has become increasingly familiar, because of the rise of globalization (i.e., global finance, communications, and travel). An attempt to define and categorize world cities by financial criteria was made by the Globalization and World Cities Study Group & Network (GaWC), based primarily at Loughborough University in England. The study ranked cities based on their provision of "advanced producer services" such as accountancy, advertising, finance and law. The Inventory identifies three levels of world cities and several sub-ranks (see World cities ranking).

A metropolis is not necessarily a global city—or, being one, it might not be among the top-ranking—due to its standards of living, development, and infrastructures.