what is the social life of global cities

Nations and their importance within traditional commercial and economic webs lost their privileged positions. When the global cities sprouted, new inequalities among these cities became at focus. They also tend to concentrate the headquarters of firms, especially firms that operate in more than one country” (1994, p.19). For a better understanding of Sassen's ideas, she defined global cities as “key sites for the advanced services and telecommunications facilities necessary for the implementation and management of global economic operations. Under certain circumstances, Sassen suggested that Hong Kong, Los Angeles, Zurich, Frankfurt, Mexico City and Sao Paulo may also be included in the category of global cities, because they fulfill the prerequisites for certain transnational economic transactions. Later, she includes other cities in this category like Miami, Toronto and Sydney, as pointed out in her subsequent book, Cities in a World Economy (1994). In her first book on this subject, The Global City (1991), she analyzed New York, London and Tokyo as examples of cities which in the two last decades advanced to the status of global cities. Upon entrance of the 1990s, the notion of `global city' was first brought into play by Saskia Sassen. Living in a global city does not expose people to diverse cultures that enable them to develop well-rounded personalities and multicultural outlooks, but it is also vital into developing a “global” perspective within them.

What is the social life of global cities