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Global Economy Urbanization and Urban Economy Globalization: Forms, Factors, Results
Abstract
World economy globalization fundamentally changes the role of urban business systems. Now, they are the main actors of global production and trade. A dominant share of international business activity is now concentrated within a frame of global urban net. This trend transforms mechanisms and patterns of market economy institutes' functioning and stimulates the appearance of new economical, social, and political problems. This chapter includes statistical and comparative analysis of modern cities, their economical performance, and position in global economic affairs, and also an original methodology for urban business structure evaluation. It allows setting some theoretical findings about internal and external sources of urban business system competitiveness and effectiveness in a globalizing economy and the formation of an original approach to modern cities' global hierarchy evaluation.
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