It is the Central Business District of London. That’s why this district is indicated by its towers and skyscrappers. In fact, nowadays London produces, to it alone, 19% of the GPD of England.įirst of all, what is the City? It is a district of London, at the East, a historical center which gathers the tertiary sector in order to create a financial center (indeed, this space is devolved to the tertiary servicies: banks, insurance. Consequently, London has always had a favored opening to the world. *London is well-integrated to the mondial economy since the XVIth Century thanks to its harbors, to its privileged geographic position and to its colonies during the XIXth Century. We’ll finish by highlighting its competitivity with other cities. We will first study that London is a home of upper functions (place in international organization and economic performances) and then we will review the soft power of London. Then we may wonder to what extent London is a global city? What are the factors which make London become this center of power? Indeed, these cities are important nodes in the global economy, due to their attractiveness and their influence on the rest of the world. London is concidered as Europe’s largest city, with 9 millions of habitants and it also represents one of the major global centers of the world, which are called “global cities” (term first used by the sociologist Saskia Sassen in 1991).
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