The Role of World Cities in global and regional economies

Question 1

With London example

Production

(TNCs)

Answer 1

• Not much manufacturing takes place however the HQs of TNCs are here
• In London it only makes up 4.5% of employment

Question 2

Agglomeration economies

Answer 2

• Where educated workers come into cities and also because the productivity increases with city size.

Question 3

Political decision making

Answer 3

• Leaders of some world cities influence trade and global decision disproportionally.

Example: London political decisions affect the whole world not just the UK

Question 4

Transport and Trade

Answer 4

• Strong connections have been reinforced in world cities due to globalisation.

Example: the airports near London like heathrow and major international airports

Question 5

Migration

Answer 5

• As large economic centres, world cities attracted large migrant workers (unqualified).

Example: 1/3 of UK graduates move to London.

Question 6

Infrastructure

Answer 6

• Roads, buildings and rails are very developed

Example: A new crossrail in London saw a £18.7 billion investment in the transport system.

Question 7

Education

Answer 7

• It’s usually very good

Example: There are 17 universities in London one of which is UCL ranked top 10 in the world.