The global cities act as the command and control centers of the world system. Elaborate?
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The global cities act as command and control centres of the world system. ... The global cities like London, New York and Tokyo play a very significant role. (i) In the production and transformation of international economic relation by providing house to massive complexes of financial business services and TNCs.
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The global cities act as command and control centres of the world system. (iii) These three cities together cover the world for the purpose of financial trading and work largely as a unit in the same system of endless transactions. ... They can transfer finance round the world in no time.
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