This book investigates the pivotal role of world cities in the contemporary global economy. It examines how cities like New York, Tokyo, and London have become dominant centers of transnational corporations, international finance, and global institutions, particularly since the economic shifts of the 1970s and 1980s. The collection features seventeen original essays by leading researchers, exploring the theoretical and practical issues surrounding these global hubs. It delves into the unique characteristics of world cities, the necessity of specific urban policies, and their integration within global economic networks, while also considering their relationship to world-systems analysis and other theoretical frameworks.

This collection is recognized for its comprehensive examination of world cities within the context of global economic shifts. The essays provide in-depth analysis of the theoretical underpinnings and practical implications of urban centers' roles in international affairs. It is considered a significant contribution to the study of globalization and urban economics, offering insights into the networks and policies that shape these dominant global hubs. The book is likely to appeal to academics and researchers in urban studies, geography, and economics.