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The Flickering Global City

Journal of World-Systems Research

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Title The Flickering Global City
 
Creator Slater, Eric
 
Description This article explores new dimensions of the global city in light of the correlation between hegemonic transition and the prominence of financial centers. It counterposes Braudels historical sequence of dominant cities to extant approaches in the literature, shifting the emphasis from a convergence of form and function to variations in history and structure. The marked increase of finance in the composition of London, New York and Tokyo has paralleled each citys occupation of a distinct niche in world financial markets: London is the principal center of currency exchange, New York is the primary equities market, and Tokyo is the leader in international banking. This division expresses the progression of world-economies since the nineteenth century and unfolds in the context of the present hegemonic transition. By combining world-historical and city-centered approaches, the article seeks to reframe the global city and overcome the limits inherent in the paradigm of globalization.
 
Publisher University Library System, University of Pittsburgh
 
Date 2004-11-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://jwsr.pitt.edu/ojs/index.php/jwsr/article/view/280
10.5195/jwsr.2004.280
 
Source Journal of World-Systems Research; Volume 10, Issue 3, 2004; 591-608
1076-156X
 
Language eng
 
Relation http://jwsr.pitt.edu/ojs/index.php/jwsr/article/view/280/292
 
Rights Copyright (c) 2015 Eric Slater
http://creativecommons.org/licenses/by/4.0