'Fourth World' Cities in the Global Economy: The Case of Phnom Penh, Cambodia

Sets six new world cities—Mexico City, Rio de Janeiro, Buenos Aires, Montreal, Los Angeles, and Houston—in the context of their nations and a changing global economy. Details how distinct cities faced changing possibilities and limits on production, employment, and resources for urban infrastructure while populations soared everywhere. Concentrations of wealth and power came everywhere, too, while new marginalities led to informal and often illegal economic activities, along with violence that at times led to carceral regimes. Popular mobilizations often brought real gains—yet rarely transformed trajectories toward concentration and often served to stabilize enduring inequities.

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An Appraisal of Asia-Pacific Cities as Control and Command Centres Embedded in World City Network

Engineering, Technology & Applied Science Research ◽

10.48084/etasr.1139 ◽

2017 ◽

Vol 7 (4) ◽

pp. 1879-1882

Author(s):

Z. Li ◽

S. R. S. Dawood ◽

X. Zhang

Keyword(s):

Global Economy ◽

Western Europe ◽

Network Connectivity ◽

Multinational Companies ◽

World City ◽

Asia Pacific ◽

World Cities ◽

Pacific World ◽

World City Network ◽

City Network

Since the globalization trend is proliferating at a staggering rate, world cities have emerged as the most dominant vanguard incorporated into global economy. Control and command function is one of the robust integral parts of world city formation, which is closely associated with the corporate headquarter status of some dominant multinational companies. Previous research works on this topic tend to concentrate on the Western Europe and North American arenas neglecting the Asia-Pacific region. Hence, the objective of this paper is to explore control and command functions of Asia-Pacific cities with reference to headquarters’ locations of multinational companies. The methodology will utilize the Forbes global 2000 dataset from the seminal study of GaWC research group, and apply the control and command center model and the interlocking city network model to discover the control and command index, as well as network connectivity of Asia-Pacific cities. Based upon the empirical study of this research, we could identify the hierarchical structure and spatial structure of Asia-Pacific world cities to emerge as some control and command centers embedded in world city network.

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Financial alchemists and financial shamans

Behavioral and Brain Sciences ◽

10.1017/s0140525x17002096 ◽

2018 ◽

Vol 41 ◽

Cited By ~ 1

Author(s):

Samuel G. B. Johnson

Keyword(s):

Global Economy ◽

Money Management

AbstractProfessional money management appears to require little skill, yet its practitioners command astronomical salaries. Singh's theory of shamanism provides one possible explanation: Financial professionals are the shamans of the global economy. They cultivate the perception of superhuman traits, maintain grueling initiation rituals, and rely on esoteric divination rituals. An anthropological view of markets can usefully supplement economic and psychological approaches.

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