Global City Makers
Show Less

Global City Makers

Economic Actors and Practices in the World City Network

Edited by Michael Hoyler, Christof Parnreiter and Allan Watson

Global City Makers provides an in-depth account of the role of powerful economic actors in making and un-making global cities. Engaging critically and constructively with global urban studies from a relational economic geography perspective, the book outlines a renewed agenda for global cities research. Focusing on financial services, management consultancy, real estate, commodity trading and maritime industries, the detailed studies in this volume are located across the globe to incorporate major world cities such as London, New York and Tokyo as well as globalizing cities including Mexico City, Hamburg and Mumbai.
Buy Book in Print
Show Summary Details
You do not have access to this content

Epilogue: Placing politics and power within the making of global cities

Sarah Hall

Abstract

As the chapters in this book clearly demonstrate, global cities do not come into the world economy pre-formed. Rather a considerable amount of work is undertaken by a range of actors, from individual economic agents, through advanced producer services (APS) firms to institutional actors in order to (re)produce the power of global cities within the contemporary world economy. Indeed, the sheer diversity of such actors and their concomitant spheres of influence is extremely well teased out in the chapters within this collection. This ranges from the individual financiers working in Tokyo’s financial district in Yamamura’s (2018) chapter to Hesse’s (2018) exposition of the shipping companies shaping Hamburg’s port development. Indeed, one of the many strengths of the chapters in this book is their breadth in terms of substantive area of economic activity (from finance, through management consultancy to real estate and infrastructure) to geographical location. In this respect, a much needed diversity of research sites beyond Western Europe is provided through work on elites in both Tokyo and Mumbai. This diversity of research approach is continued through the choice of methods that range from comparative quantitative work on London and New York to in-depth qualitative research with key informants whose daily working lives are vital in shaping the economic fabric of global cities. However, for me, the most significant intervention made by the work contained in this book lies in its focus on agency and agents within global cities. In this respect, the diverse forms of analysis, methodological choices and geographical location all share a commitment to demonstrating how it is the interplay between actors and the institutional and regulatory landscapes within which they operate that are critical in shaping the trajectory of global city development. Indeed, a range of literatures are used to shed light on this intersection, from global production networks in the case of Jacobs (2018), to literature on financialization and the role of APS firms in the case of van Meeteren and Bassens (2018). In so doing, the chapters begin to signal how we must attend to questions of power and politics in the making of global cities and it is this area that I focus on in this short commentary. This area is important, because whilst practice and relational orientated approaches have done much to reveal the range of activities that go on in making global cities, particularly at the micro level, there remains a need to use this approach to address meso- and macro-level questions about the operation of global cities within the wider economy (Hall, 2011).

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.