Abstract
The ‘global economy’ is increasingly perceived as a catch-all phrase. It evokes vastly divergent emotions ranging from resentment and anger over poverty and sustainability to pride and admiration over technological progress and human ingenuity. For all its fuzziness (Markusen, 1999), globalization does however convey two major shifts that pervade much of the economic and spatial change taking place in the world economy. The first relates to the notion of scale. Whether distance has died or simply been minimized (Cairncross, 1997), globalization has redrawn the limits on spatial interaction. The second relates to the seamlessness of the world economy. Globalization has led to the obliteration or neglect of borders. A truly global economy implies the unfettered flows of people, goods and services for whom regional or national boundaries are increasingly irrelevant.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Beaverstock, J.V., Smith, R.G. & Taylor, P.J. (1999). A roster of world cities. Cities, 16, 445–458.
Beaverstock, J.V., Smith, R.G., Taylor, P.J., Walker, D.R.F. & Lorimer, H. (2000). Globalization and world cities: Some measurement methodologies. Applied Geography, 20, 43–46.
Beaverstock, J.V., Hoyler, M., Pain, K. & Taylor, P. (2001). Comparing London and Frankfurt as world cities: A relational study of contemporary urban change. London: Anglo-German Foundation for the Study of Industrial Society.
Beaverstock, J.V. (2002). The global city. UK: Arnold.
Cairncross, F. (1997). The death of distance: How the communications revolution will change our lives. MA: Harvard Business School.
Camagni, R.P. (1993). From city hierarchy to city network: Reflections about an emerging paradigm. In T.R. Lakshmanan & P. Nijkamp (Eds.), Structure and change in the space economy ( 68–87 ). Berlin: Springer-Verlag.
Camagni, R.P. & Salone, C. (1993). Network urban structures in Northern Italy: Elements for a theoretical framework. Urban Studies, 30 (6), 1053–1064.
Castells, M. (1989). The informational city: Innovation technology, economic restructuring and the urban-regional process. Oxford: Blackwell
Castells, M. (1996). The rise of the networked society. Oxford: Blackwell.
CBS (2001). Statistical abstract of Israel, No. 52. Jerusalem: Central Bureau of Statistics.
Cooke, P. (1988). Flexible integration, scope economies and strategic alliances: social and spatial mediations. Society and Space, 6, 281–300.
DeBresson, C. & Amesse, F. (1991). Networks of innovators: A review and introduction to the issues. Research Policy, 20, 363–380.
Glaeser, E.L., Kolko, J. & Saiz, A. (2001). Consumer city. Journal of Economic Geography, 1, 27–50.
Kilkenny, M. (2000). Community networks for industrial recruiting. Presented at conference on `Entrepreneurship, ICT and Local Policy Initiatives: Comparative Analyses and Lessons’, May 22–23, 2000, Amsterdam.
Kipnis, B.A. (2001). Tel Aviv, Israel - A world city in evolution: Urban development at a deadend of the global economy. GaWC Research Bulletin 57. Available: http://www.lboro.ac.uk
Kipnis, B.A. (2002). The impact of globalization on the boom and crisis of Israel’s high-tech industry.GaWC Research Bulletin 72. Available: http://www.lboro.ac.uk
Krugman, P. (1991). Increasing returns and economic geography. Journal of Political Economy, 99 (3), 483–499.
Marcuse, P. & van Kempen, R. (Eds.) (2000). Globalizing cities: A new spatial order? Oxford: Blackwell.
Markusen, A. (1999). Fuzzy concepts, scanty evidence, policy distance: The case for rigor and policy relevance in critical regional studies. Regional Studies, 33 (9), 869–994.
Markusen, A.R., Lee, Y.S. & DiGiovanna (Eds.) (1999). Second tier cities: Rapid growth beyond the metropolis. Minneapolis, MN: University of Minnesota Press.
Mazor, A. & Sverdlov, E. (1997). Israel 2020: Options, alternatives and evaluation. Master Plan for Israel in the 21s` Century, Haifa: Technion (Hebrew).
Moulaert, F. (2000). Globalization and integrated area development in European cities. Oxford: Oxford University Press.
Powell, W.W. (1990). Neither market nor hierarchy. In B. Straw & L.L. Cummings (Eds.), Research in organizational behavior ( 295–336 ). Greenwich, CT: JAI Press.
Keil, R. & Ronneberger, K. (2000). The globalization of Frankfurt am Maine: Core, periphery and social conflict. In P. Marcuse & R. van Kempen (Eds.) (2000), Globalizing cities: A new spatial order? ( 228–248 ). Blackwell, Oxford.
Sassen, S. (1991). The Global City. Princeton: Princeton University Press.
Sassen, S. (1994). Cities in world economy. London: Pine Forge Press.
Sassen, S. (Ed.) (2002) Global networks, linked cities. London: Routledge.
Schamp, E.W. (2001). Der Aufstieg von Frankfurt/Rhein-Main zur europäischen Metropolregion. Geographica Helvetica 56 (3), 169–178.
Schamp, E.W. (2002). Globalization and the restructuring of a metropolitan knowledge system: The case of research and development in Frankfurt/Rhein-Main, Germany. In R. Hayter & R. Le Heron (Eds.), Knowledge, industry and environment: Institutions and innovations in territorial perspective. Avebury: Ashgate (forthcoming).
Scott, A.J. (Ed.) (2000). Global city-regions: Trends, theory and policy. Oxford, Oxford University Press. Short, J.R. & Kim, Y.H. (1999). Globalization and the city. London: Longman
Taylor, P.J. (2001). Specification of the world city network. Geographical Analysis, 33 (2), 181–194.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Felsenstein, D., Schamp, E.W., Shachar, A. (2002). Emerging Nodes in the Global Economy: An Introduction. In: Felsenstein, D., Schamp, E.W., Shachar, A. (eds) Emerging Nodes in the Global Economy: Frankfurt and Tel Aviv Compared. The GeoJournal Library, vol 72. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1408-2_1
Download citation
DOI: https://doi.org/10.1007/978-94-017-1408-2_1
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-6143-0
Online ISBN: 978-94-017-1408-2
eBook Packages: Springer Book Archive