TCWD Reporting

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GLOBAL CITY

PRESENTED BY:
GROUP 4
WHAT IS
GLOBAL CITY?
GLOBAL CITY IS...
The idea emerged in the social science literature in the 1980’s, shortly
after the concept of globalization.
It has a central place in understanding contemporary spatial patterns of
globalization.
It is the main physical and geographic playground of the globalizing forces
The global flows of people, capital and ideas are woven into the daily lived
experiences of its residents
It means power, sophistication, wealth, and influence.
The ideas and values of the metropolis shape the world.
Embodies both the good and the bad effects of globalization.
The global city transcends boundaries of nation-state
According to Sassen (1991), global cities are characterized by occupational and
income
polarization, with the highly paid professional class on the one end and providers of
low-paidservices on the other.
The lifestyle and needs of the well-off professional classes bring into the global
city an army of low-paid workers who deliver personal and labor-intensive
services like cleaning, childcare, delivery,restaurants and eateries, catering,
maintenance, transport, hotels,domestic help and retail.
Sassen (2005) introduces global cities as global command centers of the world
economy
✓ It is the phenomenon most readily associated with the
global city. Large, diverse cities attract people, material
and cultural products from all over the world.
✓ The idea of cosmopolitanism invokes pleasant images
Cosmopolitanism of travel, exploration, and ‘worldly’ pursuits enjoyed by
those who have benefited from globalization
✓ Everyday life is significantly shaped by commercial
culture, retail and shopping as well as cross cultural
variety of food, fashion, entertainment and various other
consumables and artifacts.
✓ Consumption is costly in resources
✓ Networks and groups rely on geographic proximity
GLOBAL CITIES ARE LIVEABLE BECAUSE...

They provide jobs that pay an People enjoy security of tenure in


adequate wage affordable housing

They provide basic services, including People have access to educational


safe water and adequate sanitation opportunities and health care

They are void of People live in communities that are


discriminatory practices safe and environment that are clean

The cities are governed through


People are not at risk of forced
inclusive local democratic processes
eviction
Japanese Mori Foundation’s Global Power City Index

It measures the global power of cities using the combination of


six (6) criteria:
✓ Economy
✓ Research and Development
✓ Cultural Interaction
✓ Livability
✓ Environment
✓ Accessibility

Features of The Global Power City Index (GPCI)


1. As opposed to limiting the ranking to particular areas of research such as “Finance”
and “Livability,” the GPCI focuses on a wide variety of functions in order to assess and
rank the global potential and comprehensive power of a city.
2. 44 of the world’s leading cities were selected and their global comprehensive power
evaluated based on the following viewpoints: six main functions representing city
strength (Economy, Research and Development, Cultural Interaction, Livability,
Environment, and Accessibility), and five global actors who lead the urban activities in
their cities (Manager, Researcher, Artist, Visitor, and Resident), thus providing an all-
encompassing view of the cities.

Features of The Global Power City Index (GPCI)


3.The GPCI reveals the strengths and weaknesses of each city and at the
same time uncovers problems that need to be overcome.
4.This ranking has been produced with the involvement of the late Sir
Peter Hall, a global authority in urban studies, as well as other academics
in this field. It has been peer reviewed by third parties, all international
experts from both the public and private sectors.

Key Findings of the GPCI-2017


GPCI-2017 Characteristics
✓ In the GPCI-2017 comprehensive ranking, the top five cities of
London (No. 1), New York (No. 2), Tokyo (No. 3), Paris (No. 4),
and Singapore (No. 5) all maintain their respective positions from
last year. These cities have remained in the top 5 for nine consecutive
years

. Sydney (No. 10) climbs four spots this year to edge its way into
the top 10 for the first time in seven years. Cities such as Los Angeles
(No. 11), Beijing (No. 13), and San Francisco (No. 17) also largely
improve their rankings from last year.
✓ By region, the European cities on the whole score highly in
Livability and Environment. The cities of Asia, which rank highly
overall, earn strong scores in Economy
TRENDS FOR TOP 3
CITIES
✓ London, the No. 1 city in the New York (No. 2) increases its
comprehensive ranking for the scores for the Economy indicators
sixth year in a row, further of Nominal GDP and GDP
extends its lead over the Growth Rate, but fails to make
competition by improving its any significant headway in
scores for such indicators as GDP comprehensive score, having
Growth Rate and Level of returned weaker scores this
Political, Economic and Business year in Cultural Interaction
Risk in Economy, and for indicators such as Number of
Attractiveness of Dining Options World-Class Cultural
and Number of Visitors from Events Held and Livability
Abroad in Cultural Interaction. indicators like Variety of Retail
Shops .
Tokyo claimed the No. 3 ranking
for the first time last year and
closes the gap on New York (No.
2) this year. This is a result of the
American city’s score stalling
while Tokyo continues to improve
every year in the Cultural
Interaction indicator of Number of
Visitors from Abroad . However,
Japan’s capital city slips from No.
1 to No. 4 in Economy due to
weaker scores in “Market Size”
and “Market Attractiveness.”
Results for New Cities in
GPCI-2017

✓ Dubai and Buenos Aires make their first-ever appearances in the


GPCI in 2017 with respective comprehensive rankings of No. 23 and No.
40.

Dubai boasts strengths in Cultural Interaction (No. 9) and Economy
(No. 11) mainly thanks to strong evaluations for Corporate Tax Rate in
Economy, and Number of Luxury Hotel Guest Rooms in Cultural
Interaction
THANK YOU!

GROUP 4:
ACUÑA, BIANCA C.
AGAD, AXELYN
ARTIZA, KYLA
JAMITO, FANE CLIARE
PANELO, ANGELIQUE
TRONO, CHARLYN MAE

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