GGR207H5 Lecture Notes - Lecture 4: Northern Hemisphere, Economic Restructuring, Global City
Document Summary
Location theory - location of store is determined by the transportation cost. Decline transportation cost makes other costs relatively important (e. g. labour) Research and development (r&d): high skill, information-intensive areas. Labour and factories are in more remote cities e. g. london, winnipeg, hamilton. Closer to importing countries in the northern hemisphere. Some are at the border of mexico and us. Advances in communications and transportation technologies - facilitates control. Concentration of functions (control and command vs labour production) Local identity is enhances, also the local consciousness of the world as a whole. Concentration of financial power in small amount of global cities. Fordism: larger political things, willingness to support government policies, support mass commercialization. Dubai has the highest percentage of foreign born (but not a lot of them stay, no citizenship) Declining natural increase (fertility rate), high net immigrant. These cities have the flexibility to adjust economic activity under globalization. Increasing diversity - a goal and to achieve global cosmopolitan culture.
