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Summary study book The City Reader of Richard T Legates - ISBN: 9781138812918, Edition: 1, Year of publication: 2015 (Sassen)
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Sassen describes how globalization and information technology are changing relationshipsamong cities and reconfiguring the physical arrangement of activities within metropolitan
space.
The global cities that Sassen is most interested in are places where international financial
functions are concentrated and whose economies are most closely integrated with the world
economy.
She argues that globalization is both concentrating and simultaneously dispersing activity at
the global, national and metropolitan levels.
As economic activity is increasingly globalized and as industries need more specialized
services, Sassen believes a new world “system of cities” is emerging unlike anything that
has previously existed. What Sassen terms “corporate service complexes” are clustered in
global cities.
Sassen argues that economic activity within the metropolitan areas of global cities manifests
a dynamic of both concentration and dispersion just as is occurring in the world system of
cities.
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