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Gravila, Yamaha Paula

The Contemporary World


Bachelor of Arts in Political Science-1A
Dr. Eloisa Magdurulang

1. What is a Global City?


A highly developed urban center that has a major worldwide impact in a range of sectors is
referred to as a global city. These cities serve as important centers of finance, trade, business,
and culture.

2. Main Ideas of a Global City

● Economic Powerhouse: Global cities are centers of international finance, home to


stock exchanges, multinational corporations (MNCs), and leading financial
institutions.
● Connectivity: They boast excellent transportation infrastructure like international
airports and well-developed communication networks.
● Cultural Hubs: Global cities are centers for innovation and creativity, with world-
renowned museums, universities, and cultural institutions.
● Diversity: They attract people from all over the world, resulting in a multicultural and
cosmopolitan environment.

3. Role of Global Cities in the Lives of Human Beings

● Economic Opportunities: Global cities offer a wide range of job opportunities,


attracting skilled professionals and entrepreneurs.
● Cultural Exchange: They foster a vibrant cultural scene, promoting exchange of
ideas and artistic expression.
● Innovation and Development: Global cities are hubs for research and development,
driving innovation across various fields.

4. Problems that Should be Addressed in Global Cities

● Inequality: The high cost of living and economic opportunities in global cities can
lead to wealth disparity and social exclusion.
● Infrastructure Strain: Rapid growth can strain infrastructure like transportation and
housing, leading to congestion and overcrowding.
● Environmental Issues: Global cities contribute significantly to pollution and climate
change due to high energy consumption and resource use.

5. Significance and Role of Global Cities

Global cities play a crucial role in the globalized world, acting as:

● Engines of Economic Growth: They drive economic activity and innovation,


influencing international trade and finance.
● Centers of Influence: They play a significant role in shaping global trends, policies,
and cultural movements.

6. Advantages/Disadvantages of Global Cities

Advantages:

● Economic opportunities and innovation


● Cultural diversity and vibrancy
● Access to world-class facilities and services

Disadvantages:

● High cost of living and income inequality


● Infrastructure strain and environmental challenges
● Social exclusion and potential loss of local culture

7. Characteristics/Factors in Considering a City to be Global

Several factors contribute to a city's status as global, including:

● Economic Power: A strong financial sector with stock exchanges and headquarters of
multinational corporations.
● Connectivity: Extensive transportation infrastructure like major international airports
and efficient communication networks.
● Cultural Significance: Presence of world-renowned universities, museums, and
cultural institutions.
● Diversity: A cosmopolitan population with a significant number of international
residents and businesses.
● Political Influence: Hosting international organizations or playing a key role in
global affairs.

8. Example of a Global City in the Philippines and What Makes it Global

Traditionally, Metro Manila, particularly the city of Makati, has been considered the
Philippines' global city. This is due to factors like:

● Financial Hub: Presence of the Philippine Stock Exchange and headquarters of


major banks and financial institutions.
● Business Center: Home to numerous multinational corporations and business process
outsourcing (BPO) companies.
● International Airport: Ninoy Aquino International Airport connects the Philippines
to major global destinations.
● Cultural Scene: Thriving art scene, museums, and universities.

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