Download World Cities and Globalization: Core, Periphery, and Inequalities and more Quizzes Geography in PDF only on Docsity! TERM 1 Core & Periphery DEFINITION 1 In world-systems theory, the semi-periphery countries are the industrializing, mostly capitalist countries which are positioned between the periphery and core countries. TERM 2 Cities in the Core DEFINITION 2 World Cities: small number of urban centers emerged that are the command and control points for global economic system. A city's ability to attract global investments ultimately determine its rand in the order of world cities, rant in the national and regional economy. TERM 3 Cities in Periphery DEFINITION 3 Today, no longer a clear divide between developed countries and developing countries. Instead the world cities of the core region developing world conditions are developing. poverty next to the most valuable commercial land in the city center labor market de-unionization TERM 4 New Economic Order DEFINITION 4 Mid 20th C.E. production has been organized globally rather than narrowly-nation/state Production shifted to the periphery when labor is cheaper Global production is principally undertaken by companies that make different products in many places and responsible for expansion in world trade TERM 5 Inequalities w/in Cities DEFINITION 5 New economic sectors are reshaping job market informational era-computer can be used for supplementing work, but at the same time there is a high rate of specialization, customization Economic growth assumed expansion of the middle class, and with government programs it meant reduction of poverty.Formalization of employment was part of economic development, unionization, security, protection of workers TERM 6 Socio-Economic Consequences of Globalization in Developed World DEFINITION 6 Periferialization of economically weaker or mono- production urban areas (Detroit, Cleavland) Continuation of urban decentralization/sprawl in the U.S. Growth of world cities and dispersal of poverty (especially in world cities NY, LA, Miami) TERM 7 Socio-Economic Consequences of Globalization in Developing World DEFINITION 7 lowest levels of life expectancy at birth poorest nutrition levels lowest energy consumption levels lowest levels of education Results in Shanty Towns found typically in Asia and Africa TERM 8 World Cities DEFINITION 8 Cities in which a disproportionate part of the worlds most important business- economic, political and cultural- is conducted. Distinguished by range and extend of their economic power. Small number of urban centers that are the command and control points for global economic systems. TERM 9 Why do World Cities Exist? DEFINITION 9 they are chosen locations for the agencies of global capitalism they are cities in which the principal business functions have developed and are concentrated they are cities from which global corporate financial and political control is exercised. TERM 10 Crossing Points DEFINITION 10 World Cities provide an interface between the global and the local. contain the economic cultural and institutional apparatus that channels national and provincial resources into the global economy and that transmits the impulses of globalization back to national and provincial centers.
