GEOG 122 Lecture Notes - Lecture 22: London Waterloo Station, Eastern Promises, Clifford Chance
Document Summary
Saskia sassen: a place where the work of globalisation gets done. Over 20th and 21st centuries firms have become larger, requiring increasingly specialized information. That information is provided by producer services (eg advertisers, lawyers, accountants, architects). Producer services found in large (information- rich) cities. The larger the city, the more information available for corporate decision- making. Last 30 years, rapid and pervasive internationalisation of business (mncs and. Improvements in communication/transportation technology ( annihilation of space by time ). Direct operations (dominant world city: japan, london, new york) Emblematic of processes found across global northern cities: Gentrification (professional classes taking over residential districts formerly occupied by the working class). London panorama (london skyline from st paul"s cathedral) London metropolitan region: > 13m population (largest metropolitan region in europe). Greater london gdp 310b (cd b) (2014) (22% uk"s gdp; ranked 5th in the world, largest in europe. The city of london - historical and now main financial centre of london.