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GGH3704 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (588871) - DUE 2 August 2024

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GGH3704 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 (588871) - DUE 2 August 2024

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, GGH3704 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2024 (588871) - DUE 2
August 2024 ; 100% TRUSTED Complete,
trusted solutions and explanations.
Analyse the influence of globalization on the development of
urban hierarchies and the formation of global city networks. In
your response, include a discussion of the implications of these
changes on local urban governance and socio-economic
structures within cities.
Globalization has significantly influenced the development of
urban hierarchies and the formation of global city networks.
Here’s a detailed analysis:
Influence of Globalization on Urban Hierarchies
1. Emergence of Global Cities: Globalization has led to the
rise of global cities, which are central hubs in the global
economy. These cities, such as New York, London, Tokyo,
and Shanghai, play pivotal roles in global finance, trade,
and culture. Their prominence in the urban hierarchy has
increased due to their high concentration of multinational
corporations, financial institutions, and cultural
institutions.
2. Reconfiguration of Urban Tiers: Traditional urban
hierarchies, which were based on administrative,
economic, and political importance, have been
reconfigured. Cities are now ranked not just on national

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