The World City Hypothesis / John Friedmann // Development and Change. Edward Arnold : London, 1973].įriedmann J. Maspero : Paris, 1972, and David Harvey's Social Justice and the City. The World City Hypothesis / John Friedmann. New York : McGraw-Hill, World University Library, 1966. Cities in evolution an introduction to the town planning movement and to the study of civics / Patrick Geddes. Global city: New-York, London, Tokyo / Saskia Sassen. Iryna Skavronska, Ternopil National Economic University Differences - including world cities are primary while global ones are secondary forming of world cities is caused by historical and geographical factors as well as by development of trade as global cities due to innovations, technologies and strengthening of financial relations. Similarities between world and global cities consists in the fact that they both operate in a globalized environment and are used by the global capital for organization of production and markets. In accordance with the Global Cities Index (GCI) top 20 global cities of the world in 2008-2014 are demonstrated. A world city is seen in terms of powerful politics, development of trade, culture and education while a global city is considered to be a center which includes not only trade, influential political activity, educational and cultural attributes but also located in there headquarters of TNCs and international organizations, prevailing financial and service sectors, information technology, innovations, sports mega-events hosting. The interpretation of terms "world city" and "global city" by various authors like P. The article is devoted to the proplem of determination of similarities and differences between world and global cities in the contemporary economic environment. Ternopil National Economic University, UkraineĪ world city, a global city, financial relations, a service sector, global economy Abstract
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