chapter 1: global cities in the english-speaking wo rld ... · 1. using the following key words,...

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Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai 1. Using the following key words, define globalisation. (Key words : capitalism, axis, networks, transnational scale, international scale, flows) 2. Using personal research and the following text, define global cities. Source 1: The grid of global cities: The organizational side of the global economy materializes in a worldwide grid 1 of strategic places, uppermost 2 among which are major international business and financial centers. We can think of this global grid as constituting a new economic geography of centrality, one that cuts across national boundaries and increasingly across the old North-South divide. It has emerged as a transnational space for the formation of new claims by global capital but also by other types of actors. The most powerful of these new geographies of centrality at the inter- urban level bind 3 the major international financial and business centers: New York, London, Tokyo, Paris, Frankfurt, Zurich, Amsterdam, Los Angeles, Sydney, Hong Kong, among others. But this geography now also includes cities such as Sao Paulo, Shanghai, Bangkok, Taipei, and Mexico City. The intensity of transactions among these cities, particularly through the financial markets, transactions in services, and investment, has increased sharply 4 , and so have the orders of magnitude involved. […] The space constituted by the worldwide grid of global cities, a space with new economic and political potentialities, is perhaps one of the most strategic spaces for the formation of transnational identities and communities. This is a space that is both place-centred in that it is embedded in particular and strategic cities, and trans-territorial because it connects sites that are not geographically proximate yet are intensely linked to each other. It is not only the transmigration of capital that takes place in this global grid but also that of people, both rich— i.e., the new transnational professional workforce—and poor— i.e., most migrant workers; and it is a space for the transmigration of cultural forms, for the reterritorialisation of ‘local’ subcultures. […] Global cities and the new strategic geographies that connect them and bypass national states can be seen as constituting part of the infrastructure for global civil society. Source: Saskia Sassen, professor of the University of Chicago, Global civil society, Chapter 9: global cities and diasporic networks: microsites in global civil society, Oxford University press, 2002. Key question: In what ways London, New York City and Mumbai could be considered global cities? I. London, a global city, impulse center of globalisation. Key question: In what ways Global cities are symptomatic territories of globalisation that they dominate and lead? A. An impulse center of globalisation Sources to use: International maritime routes in 2010 (Dr Rodrigue, Department of geographical studies, Hofstra University, 2010), World air Travel, 2010 (Oxford world Atlas, 15 th edition, 2011), London airports give London the status of world hub (London Airports official website, 2013), World financial market on May 2012 (Political science school, cartography workshop, Paris, 2013), World universities and foreign students in 2009 (Political science school, cartography workshop, Paris, 2013), The 25 leading transnational companies in the world in 2012 (Political science school, cartography workshop, Paris, 2013). 1 Grid : réseau 2 Uppermost : le plus haut 3 bind : lier 4 sharply : brutalement

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Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

1. Using the following key words, define globalisation. (Key words : capitalism, axis,

networks, transnational scale, international scale, flows) 2. Using personal research and the following text, define global cities. Source 1: The grid of global cities: The organizational side of the global economy materializes in a worldwide grid1 of strategic places, uppermost2 among which are major international business and financial centers. We can think of this global grid as constituting a new economic geography of centrality, one that cuts across national boundaries and increasingly across the old North-South divide. It has emerged as a transnational space for the formation of new claims by global capital but also by other types of actors. The most powerful of these new geographies of centrality at the inter-urban level bind3 the major international financial and business centers: New York, London, Tokyo, Paris, Frankfurt, Zurich, Amsterdam, Los Angeles, Sydney, Hong Kong, among others. But this geography now also includes cities such as Sao Paulo, Shanghai, Bangkok, Taipei, and Mexico City. The intensity of transactions among these cities, particularly through the financial markets, transactions in services, and investment, has increased sharply4, and so have the orders of magnitude involved. […] The space constituted by the worldwide grid of global cities, a space with new economic and political potentialities, is perhaps one of the most strategic spaces for the formation of transnational identities and communities. This is a space that is both place-centred in that it is embedded in particular and strategic cities, and trans-territorial because it connects sites that are not geographically proximate yet are intensely linked to each other. It is not only the transmigration of capital that takes place in this global grid but also that of people, both rich—i.e., the new transnational professional workforce—and poor— i.e., most migrant workers; and it is a space for the transmigration of cultural forms, for the reterritorialisation of ‘local’ subcultures. […] Global cities and the new strategic geographies that connect them and bypass national states can be seen as constituting part of the infrastructure for global civil society.

Source: Saskia Sassen, professor of the University of Chicago, Global civil society, Chapter 9: global cities and diasporic networks: microsites in global civil society, Oxford University press, 2002.

Key question: In what ways London, New York City and Mumbai could be considered global cities? I. London, a global city, impulse center of globalisation. Key question: In what ways Global cities are symptomatic territories of globalisation that they dominate and lead?

A. An impulse center of globalisation Sources to use: International maritime routes in 2010 (Dr Rodrigue, Department of geographical studies, Hofstra University, 2010), World air Travel, 2010 (Oxford world Atlas, 15th edition, 2011), London airports give London the status of world hub (London Airports official website, 2013), World financial market on May 2012 (Political science school, cartography workshop, Paris, 2013), World universities and foreign students in 2009 (Political science school, cartography workshop, Paris, 2013), The 25 leading transnational companies in the world in 2012 (Political science school, cartography workshop, Paris, 2013).

1 Grid : réseau 2 Uppermost : le plus haut 3 bind : lier 4 sharply : brutalement

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 1: International maritime routes in 2010

Source: Dr Rodrigue, Department of geographical studies, Hofstra University, 2010. Source 2: World air Travel, 2010.

Source: Oxford world Atlas, 15th edition, 2011

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 3: London airports give London the status of world hub:

Source: London Airports official website, 2013.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 4: World financial market on May 2012

Source: Political science school, cartography workshop, Paris, 2013

Source 5: World universities and foreign students in 2009

Source: Political science school, cartography workshop, Paris, 2013

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 6: The 25 leading transnational companies in the world in 2012

Source: Political science school, cartography workshop, Paris, 2013

Questions: 1. Show that London is a major hub in globalisation. 2. Show that London is a major impulse center of globalisation (define what an impulse

center is first). 3. Show that London is a very attractive space worldwide.

B. The manifestations of power Sources to use: London aerial view (The Guardian, 2012), London bridge quarter and Waterloo station (Source : BBC), The Docklands, another CBD for London (Source : aeroengland, bbc.co.uk), London, looking eastward (European section schoolbook, 2006), Economic specialisation in London (Oxford Atlas of London, 2012).

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 1: London aerial View

Source : The Guardian

Source 2 : London, London bridge quarter and Waterloo station :

Source : BBC

Westminster Parliament

The City

London Eye

The City with the Gherkin

The Shard Tower ended in 2012, heart of the CBD named London Bridge Quarter

Waterloo station, one of the most important stations in London and with a direct connection to London Heathrow and the Eurostar

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 3: The Docklands, another London CBD:

Source : aeroengland, bbc.co.uk

Source 4: London, looking eastward

Source: European section schoolbook, 2006

Source 5: Economic specialisation in London

The New London City Hall

Tower Bridge

The City

The Tower of London

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source: Oxford Atlas of London, 2012.

Questions: 1. Identify the symbolic locations of the economic, political and cultural functions in the city

of London. 2. Show in what ways those places are characteristic of the power of the city of London. 3. Show that London is very attractive in its region as to phagocyte its activities.

C. Socio-spatial segregation, specialization and urban space fragmentation. Sources to use: pictures from the previous section, source 5 from the previous section, Specialization in the districts of London (based on European section schoolbook, 2006 – scheme completed in 2013), The London Docklands redevelopment plan (LDDC), View of the District of Strafford (BBC).

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 1: Specialization in the districts of London

Source: based on European section schoolbook, 2006 – scheme completed in 2013.

Source 2: The London Docklands redevelopment plan: A major planning development is taking place in the old Docklands on the River Thames, in London, England. The area [...] has become, due to the decline of the docks, a derelict area. The London Docklands Development Committee (LDDC) was set up in 1981 to revitalize Dockland. They plan to [...] attract new industry and ensure that housing, social, and recreation facilities are provided. [...] The Docklands are close to the "City", the name given to the one square mile central part of London which houses the banks that make London the biggest financial center in the world. However the City has no room to expand and so the LDDC planned to attract many of the City's financial companies to the Docklands[…]. Transport and communications, vital to the success of the project, are being planned [...]. Firstly, a light rail line is being built from the City to the eastern side of the Docklands. Secondly, a new road network with a fiber optic cable beneath [...] to allow access to other parts of London and Britain. British Telecom has installed satellite dishes to allow immediate contact with other world financial centers like New York and Tokyo. [...] London City Airport, is being built on a wharf in the east Docklands to connect with European cities within a 400 mile radius of London. [...] Future plans include a huge shopping center, a marina, and technology village.

Source: London Docklands Development Committee (http://www.lddc-history.org.uk), January 2008.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 3: Strafford, 2008

Source : bbc.co.uk

Source 4: Strafford, 2011

Source : bbc.co.uk

Questions : 1. Show that London is marked by a strong spatial specialization. 2. Show that London is touched by an urban space fragmentation 3. Show that London has been highly gentrified and organised on a service-based economy. Conclusion : Make a scheme of London as a global city.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

I. A highly accessible impulse center International airports allowing a connection to Europe and the world The Thames River connects London to the Northern Range Star pattern of the communication networks (motorways and thoroughfares, railroads) Saint Pancras Station links London the European continent with the Eurostar High speed train to Europe

II. A spatial structure made of belts The Greater London, heart of the global city Green belts, created in 1947, maximal extension of the city of London Metropolitan area, maximal extension of the sprawling city

III. A urbanisation, symbol of the integration in globalisation CBDs extending East and South The Thames Gateway, regeneration of the Thames River’s mouth Port and industrial facilities, the Londonian gate to the Northern Range. Gentrification since the 1990’s

N

Stantsted

Luton

Saint Pancras London City Airport

Heathrow

Tamise

Vers Paris et Bruxelles

Gatwick

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

II. New York City, at the head of the hierarchy of the global cities ? Factfile: Officially The City of New York (nicknamed "Big Apple" or "Gotham") is located in the southern end of the state of New York, thus in the northeast of the USA, approximately halfway between Washington D.C. and Boston. It is placed at the mouth of the Hudson River, and much of the city is built on the 3 islands of Manhattan, Staten Island and western Long Island. It was founded as the colony of New Amsterdam by Dutchmen in the early 17th century, and then ceded as part of the Province of New York to the British in 1664. Composed of 5 boroughs – i.e. counties (if each were to be independent cities, 4 of the boroughs - Brooklyn, Queens, Manhattan and the Bronx - would be among the 10 most populous cities in the USA), the city spread from its beginnings on Manhattan Island (between the Hudson and East rivers) onto nearby Staten Island, western Long Island, and mainland North America, incorporating the other communities in 1898. Sources to use: Map of Manhattan (based on a French schoolbook), New York's boroughs (H .J. de Blij, Peter O.Muller, Geography : Realms, Regions and Concepts, John Wiley and Son Inc., 2002), New York aerial view, taken from the film Home made by Yann Arthus Bertrand in 2009, New York/New Jersey region's trade and transportation network (New York government website, 2012), Global cities, an attempt of definition (Fu-Chen Lo and Yue-Man Yeung, Globalisation and the world of large cities, UN University Press, 2008), The following is the text of Mayor Bloomberg's weekly radio address as prepared for delivery on 1010 WINS News Radio for Sunday, May 20, 2007, The 9/11 terrorist attack in New York seen from New Jersey (http://static.911digitalarchive.org/REPOSITORY/IMAGES/PHOTOS/1005.jpeg), The present-day economic crisis (http://www.usnews.com/cartoons/ economy-cartoons?s_cid=art_btm, 2013), Wealth gap in cities creating a social time bomb (The Guardian, October 23, 2008). Source 1: Map of Manhattan (based on a French schoolbook)

Chapter 1: Global cities in the EnglishNew York City, London, Mumbai

Source 2: New York's boroughs

Source: H.J. de Blij, Peter O.Muller,

Source 3: New York aerial view, taken from the film Home made by Bertrand in 2009.

Chapter 1: Global cities in the English-speaking WorldNew York City, London, Mumbai

New York's boroughs

H.J. de Blij, Peter O.Muller, Geography : Realms, Regions and Concepts

: New York aerial view, taken from the film Home made by

speaking World

Geography : Realms, Regions and Concepts, John Wiley and Son Inc., 2002

: New York aerial view, taken from the film Home made by Yann Arthus

Chapter 1: Global cities in the EnglishNew York City, London, Mumbai

Source 4: New York/New Jersey region's

Source: New York government website, Source 5: Global cities, an attempt of definition: […] There is a class of cities that are critical to the new global economy. These are called global cities, because they perform certain functions that differentiate them from others and that help drive the global economy. […] One key element of the functional global city system is that new networks and linkages are created in the system and global cities are the points of convergence of these networks and thus acquire growing centrality and importanfunctions are engendered through financial flows, headquarterservice intensity, and telecommunications networks […] Global cities should be seen as a “junction in flows” of goods, information. […] Competitive leadernodality5, density, and efficiency of international transport and communication networks linking theses cities to the rest of the world. Hubs within these networks have accounted for a disproportionate share of urban development and hlogistics, telecommunications, and air passenger transports.

Fu-Chen Lo and Yue-Man Yeung, Source 6: The following is the text of Mayor prepared for delivery on 1010 WINS News Radio for Sunday, May 20, 2007."Good Morning. This is Mayor Mike Bloomberg.

5 Characteristic of being a hub.

Chapter 1: Global cities in the English-speaking WorldNew York City, London, Mumbai

: New York/New Jersey region's trade and transportation network

Source: New York government website, http://www.panynj.gov/port-authority: Global cities, an attempt of definition:

[…] There is a class of cities that are critical to the new global economy. These are called global cities, because they perform certain functions that differentiate them from others and

rive the global economy. […] One key element of the functional global city system is that new networks and linkages are created in the system and global cities are the points of convergence of these networks and thus acquire growing centrality and importanfunctions are engendered through financial flows, headquarter-branch relations, highservice intensity, and telecommunications networks […] Global cities should be seen as a “junction in flows” of goods, information. […] Competitive leadership depends upon the

, density, and efficiency of international transport and communication networks linking theses cities to the rest of the world. Hubs within these networks have accounted for a disproportionate share of urban development and have attracted firms engaged in transport logistics, telecommunications, and air passenger transports.

Man Yeung, Globalisation and the world of large cities, UN University Press, 2008

The following is the text of Mayor Bloomberg's weekly radio address as prepared for delivery on 1010 WINS News Radio for Sunday, May 20, 2007."Good Morning. This is Mayor Mike Bloomberg.

speaking World

transportation network

authority-ny-nj.html, 2013

[…] There is a class of cities that are critical to the new global economy. These are called global cities, because they perform certain functions that differentiate them from others and

rive the global economy. […] One key element of the functional global city system is that new networks and linkages are created in the system and global cities are the points of convergence of these networks and thus acquire growing centrality and importance. Network

branch relations, high-tech service intensity, and telecommunications networks […] Global cities should be seen as a

ship depends upon the , density, and efficiency of international transport and communication networks

linking theses cities to the rest of the world. Hubs within these networks have accounted for a ave attracted firms engaged in transport

, UN University Press, 2008

Bloomberg's weekly radio address as prepared for delivery on 1010 WINS News Radio for Sunday, May 20, 2007.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

"There's no longer much doubt that the greenhouse gases we produce by burning fossil fuels contribute to global warming; the real question now is 'What are we going to do about it?' New York's answer is straightforward; we aim to reduce our release of greenhouse gases by 30% by 2030. In fact, City government is going to lead the way by hitting that 30% target by 2017. These are ambitious goals, and last week we took some major steps toward reaching them. "On Wednesday, I joined former President Bill Clinton in announcing a multi-billion dollar public-private partnership that will help property owners and government agencies in New York and 15 of the world's other biggest cities cut energy consumption in our existing buildings. "Working with the Clinton Foundation, five major international banks have each pledged $1 billion to finance upgrades in heating, cooling, and lighting systems and other worldwide building improvements that will cut energy use-and greenhouse gas production-by as much as 50%. This will make a big difference in New York, because the more than 900,000 buildings in the five boroughs account for nearly 80% of the greenhouse gases we produce. […] "Automobile exhaust is another major source of greenhouse gases. It also produces the air pollution responsible for the tragically high rates of serious childhood asthma in our city. That's what makes our proposed pilot project of automobile congestion pricing in Manhattan below 86th Street so important. It would cut the number of vehicles on those streets-and on streets and highways throughout the city and region-and also finance major mass transit projects. […] "I stressed our city's environmental goals-especially those relating to global warming-when I spoke to mayors of many of the world's greatest cities when they were in New York last week for a global summit on climate change. Cities are at the forefront of fighting global warming. Even though cities produce more than 70% of the world's greenhouse gases, the good news is that because our homes and businesses are relatively compact and close to one another, and because we rely so heavily on mass transit, New York and other cities also tend to be very energy efficient.[…] "This is Mayor Mike Bloomberg. Thanks for listening." Source 7: The 9/11 terrorist attack in New York seen from New Jersey

Source: http://static.911digitalarchive.org/REPOSITORY/IMAGES/PHOTOS/1005.jpeg

Source 8: The present-day economic crisis

Source: http://www.usnews.com/cartoons/ economy-cartoons?s_cid=art_btm, 2013

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 9: Wealth gap in cities creating a social time bomb Growing inequality in US cities could lead to widespread social unrest and increased mortality, says a new UN report on the urban environment. In a survey of 120 major cities, New York was found to be the ninth most unequal in the world [...]. "High levels of inequality can lead to negative social, economic and political consequences that have a destabilising effect on societies," said the report. "[They] create social and political fractures that can develop into social unrest and insecurity." According to the annual State of the World's cities report from UN-Habitat, race is one of the most important factors determining levels of inequality in the US and Canada. "In western New York state nearly 40% of the black, Hispanic and mixed-race households earned less than $15,000 compared with 15% of white households. The life expectancy of African-Americans in the US is about the same as that of people living in China and some states of India, despite the fact that the US is far richer than the other two countries," it said. [...]

Source: The Guardian, October 23, 2008 Use also sources 1, 2, 4, 5 and 6 from the case study on London.

A. An impulse center of globalisation Sources to use: sources 1 to 4 and sources1, 2 and 4 to 6 from the case study on London. Questions: 1. Prove that New York City has all the functions of a global city (define what a global city

is first). 2. Prove that New York City is a hub

B. The manifestations of power Sources to use: source 5 from the case study on London, sources 3 and 4. Question: Prove that New York City has a regional, national and international influence.

C. A master of globalisation showing weaknesses? Sources to use: sources 6 to 9 Questions: 1. Prove that NYC decided to develop a sustainable development program (source 6). 2. Explain that NYC has had to face an increase of socio-spatial segregation and urban

fragmentation that has created weaknesses since the last decade.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

III. Mumbai, a megacity attempting to be an A level global city. Sources to use: Model of LDCs urban area (based on Sao Paulo urban area) (BBC geography website, 2013), Mumbai, a megacity from an emerging country (Mrs Ferlut), Mumbai, a megacity with world rank or a global city (J Nijman, Mumbai, a global city, a theoritical essay, in International Handbook of Globalization and World cities, 2011, p. 448), Mumbai, a land of opportunities (Rashmi Nakaskar, The Times of India, July 20th, 2011), Mumbai economic organization (Mumbai, Britannica Encyclopedia, 2011), Mumbai congestion and its future (: Discovery channel, February 2013), Extreme poverty in Mumbai, the example of Dharavi Slum (bbc.co.uk/geography, 2013), Slums development programs (Del Arani, bbcnews, 2010). Source 1: Model of LDCs urban area (based on Sao Paulo urban area)

Source: BBC geography website, 2013.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

Source 2: Mumbai, a megacity from an emerging country:

Vasai Creek

Sanjay Gandhi

National Park

Oman

Sea Bandra Kurla Navi Mumbai

Belapur

Thane

Creek

JNTP

Narinam Point

10 km

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

I A megacity submitted to an important urban sprawl and growth... The inheritances of the colonial past

The colonial city, the original inner-city The old CBD

District of the former textile industries

Former port

Spatial spread City limits Spontaneous urbanisation along the railroads

City sprawl

New planned axis to Navi

Mumbai planned new

cities

Natural protected zones endangered by the urban sprawl

II … with strong inequalities

Major slums

Districts progressively gentrified

Possible rehousing programs III. … and with deep mutations A megacity with a more and more developed services based economy

New CBDs

New Port JNPT, first port of India First Indian Airport

New infrastructures

Maritime bridge Bandra Worli Sea Link Subway line #1 in project.

New Airport, in project

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

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Source 3: Mumbai, a megacity with world rank or a global city? […] Mumbai is the country’s main articulation with the global economy and the most globally connected city in India. For example, its airports has more international passengers than any other in India; the seaport registers more international cargo ship than any other in the nation; Mumbai houses more TNCs (Transnational Companies) than any other city; it has the largest share of foreign collaborations (joint ventures); it has the largest share of FDI (Foreign Direct Investments) as well as the largest share of international trade and customs duties; and it has more Internet connections that any other city in India. But how important is Mumbai on the global scene, from a global perspective? Until recently, the city rarely showd up in rankings of any sort. It had (and still has) few headquarters of major TNCs and it seemed remote from the leading centers such as New York and London. […] The exposure of the national economy to forces of globalisation was and still is highly uneven, and fragmentary, but there can be little doubt about the effects on Mumbai in particular. The last 15 years or so have witnessed accelerating foreeign investment in Mumbai and a rapide increase in the presence of TNCs, especially in the sphere of finance and producer services. […] Mumbai’s greater vsibility can be seen as an integral part of the rise of some emergin markets. Other cities that have come to the fore during the past decade including São Paulo, Moscow, Buenos Aires, Shanghai and Beijing. The ascent of China and Inda in the global economy is unmistakable and Hong Kong seems to have taken the place of Tokyo in the Trad that dominates the world city hierarchy, along with New York and London. In one recent comprehensive study, Mumbai was categorised in the third tier of the world city system along with cities such as Madrid, Seoul and Kuala Lumpur. This is still a debatable ranking if one considers the enormous reach of Mumbai as the most dominant city in all of South Asia – there may be another city in the world that dominates such an enormous region. […]

Source: J Nijman, Mumbai, a global city, a theoritical essay, in International Handbook of Globalization and World cities, 2011, p. 448.

Source 4: Mumbai, a land of opportunities Mumbai (formerly known as Bombay) is not only the commercial capital of India but also one of world's top 10 centres of commerce in terms of global financial flow. For a while, if we keep aside the commercial aspect, Mumbai is also synonymous to - the 'city that never sleeps', the 'city of dreams' and the 'land of opportunities' to hundreds of people staying here. Besides, Mumbai is also home to Bollywood, the country's movie capital. Located on the west coast of India, the coast line made trade easier for Mumbai. Mumbai houses about 17 million of population making it the second most populated city in the world. All these factors add up to make Mumbai as the most lucrative location in India. Explains Poonam Mahtani, National Director - Residential Services & Knowledge Systems, India, Colliers International , "Mumbai is the city of wealth which provides ample opportunities to people. Mumbai is the head quarter for major financial regulatory bodies like National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Reserve Bank of India (RBI) and the Mint. Especially in the last five years, Mumbai has witnessed almost double growth. Moreover, Mumbai is also considered as the pulse of residential estate. "The city being so cosmopolitan in nature, even people relocating from out of India find Mumbai as the best option as it is quite fast moving in nature and they can relate to the lifestyle" , says Poonam. Mumbai houses many big names from the corporate world with major MNCs having their Indian head quarters here. Avers Ramesh Nair, Managing Director - West India, Jones Lang LaSalle India, " While India is still a far cry from being comparable to Shanghai in terms of aesthetics and infrastructure ,

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

21

the fact remains that most large corporations and financial institutions have their presence in this city. The commercial demographics are large and variegated, and there is a constant inward migration from all over the country. Mumbai, being the archetypal 'City of Opportunity' generates an unprecedented demand for properties across the residential, commercial and retail sectors. "The realty market in Mumbai therefore is and will always remain highly lucrative. It attracts a huge amount of foreign investments, has a gigantic consumer market and boasts of high quality workforce. All these factors, coupled with growing urbanisation, are fuelling the demand for property constantly. Moreover, with limited space available in the central city, Mumbai's boundaries are constantly extending into newer areas", he adds. All these factors have pushed the boundaries and given a complete new picture to Mumbai's real estate industry. Places like Navi Mumbai, Virar, Kalyan - Dombivali have seen exponential growth in residential and also in commercial. Commenting on the growth in geographical locations, Ravi Ahuja, Executive Director , Development Services, India , Cushman & Wakefield states, "Initially , most BFSI companies located themselves in South Mumbai, but in recent times, as they have started to expand and consolidate, they have started to consider other suburban locations for the same, which are in proximity to staff residences and have greater connectivity to airports , rail and proposed metro links, western and eastern express highways, etc. As per the latest inputs, from C&W research, BFSI recorded a growth of over 170 % in uptake of place over the last quarter. BFSI formed approximately 47% of the total absorption in 2Q 2011. Interestingly , Mumbai accounted for approximately 41% of the total absorption by the BSFI sector across the seven major cities in India. All said and done, Mumbai still needs to ramp up to come at par with other leading cities of the world. Says Apurva Shah, President - Sales and Marketing, Kanakia Spaces, "The quality and quantity of infrastructure needs to be improved drastically. The turnaround time to complete a project needs to be addressed. The city definitely needs better infrastructure considering the fact that Mumbai is the commercial hub of the nation. We need to have a longer vision for a better future."

Source: Rashmi Nakaskar, The Times of India, July 20th, 2011. Source 5: Mumbai economic organization: Bombay is the economic hub and commercial and financial centre of India. Its economic composition in some respects demonstrates India's peculiar fusion of the nuclear and cow-dung ages. The city contains the Indian Atomic Energy Commission's establishment, which includes nuclear reactors and plutonium separators. In many areas of the city, however, traditional biogenic sources of fuel and energy are still in use. The cotton-textile industry, through which the city prospered in the 19th century, is still important but is in relative decline. New growth industries—metals, chemicals, automobiles, electronics, engineering, and a host of ancillary enterprises—as well as urban industries such as food processing, papermaking, printing, and publishing have been at the core of expansion of manufacturing employment.

Source: Mumbai, Britannica Encyclopedia, 2011

Source 6: Mumbai congestion and its future: Video mumbai a gateway for India through world global cities (0 to 3.37 minutes, 28.30 to 32 min, 35.40 to 42 min)

Source: Discovery channel, February 2013. Source 7: Extreme poverty in Mumbai, the example of Dharavi Slum:

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

22

One indication of the extreme poverty is the slum area in Mumbai. The area is called Dharavi, and was featured in the film “Slumdog Millionaire” . Below is a list of the key features of this slum:

- It is one of the largest slums in Asia. - The slum area was initially an area of temporary squatter shelters – and has now

grown to 4 sq km and become permanent. - The area is unplanned, and most dwellings are illegal. The means that basic sanitation

is not present, with an average of one toilet for over 1000 people. - Water pipes and electricity cables are present and do connect to many dwellings.

However, many have been set up in a DIY fashion and pose health and safety risks. - Informal industries have been set up which help to bring money in to the residents. - The government and developers want to redevelop the area. The area is located in a

highly desirable area of Mumbai, which could command a high price for rents when developed.

Source: bbc.co.uk/geography, 2013. Source 8: Dharavi Slum:

Source: bbc.co.uk/geography, 2013. Source 9: Slums development programs http://www.youtube.com/watch?v=eOlg-q4LSoE

Source: Del Arani, bbcnews, 2010 Questions: 1. Prove that Mumbai can be considered a global city. 2. Show that the problems in Mumbai are those of mega city from LDCs.

Chapter 1: Global cities in the English-speaking World New York City, London, Mumbai

23

3. Show that Mumbai is “the real capital of India”? 4. Show that Mumbai is marked by inequalities due to differences of development and to

globalization? 5. How does Mumbai try to resolve the problem encountered to become a real modern and

global city? Is it effective? Global cities direct and organise the world. They obey to a hierarchy according to their influence and are part of the world oligolopy or the world metropolitan archipelago. They develop interrelations between each other with common activies, services questions and financial exchanges. This network is organised on a specific core of several global cities of A level New York City, London, Tokyo, Paris and even Singapore. Other global cities such as LA, Hong Kong are in other ranks because they don’t dominate the entire world or only in a specific domain of activity. Megacities from the emerging countries have begun to enter the hierarchy since the last 10 years such as Sao Paulo, Mexico, Mumbai, Shanghai, Johannesburg but they are more relays and emerging megacities than complete A level global cities.