THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS

Despite the acknowledgment of the global city concept and the importance of transnationalization processes in their formation, the debate regarding global city identification methods continues. The article stresses the need to change our approach in evaluating global cities by primarily looking at t...

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Autores principales: M. E. Pilka, N. A. Sluka
Formato: article
Lenguaje:EN
RU
Publicado: MGIMO University Press 2018
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Acceso en línea:https://doaj.org/article/0d3ea7c5e23e4198b84fae27b3b1c174
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spelling oai:doaj.org-article:0d3ea7c5e23e4198b84fae27b3b1c1742021-11-23T14:50:40ZTHE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS2071-81602541-909910.24833/2071-8160-2017-6-57-196-206https://doaj.org/article/0d3ea7c5e23e4198b84fae27b3b1c1742018-02-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/745https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099Despite the acknowledgment of the global city concept and the importance of transnationalization processes in their formation, the debate regarding global city identification methods continues. The article stresses the need to change our approach in evaluating global cities by primarily looking at them as locales for foreign multinational corporations. By analyzing the location decisions of foreign TNCs included in the Forbes 2000 rankings two things become apparent: the “nodality” of US global cities and their hierarchical pattern. Moreover, the article recognizes the key role that Alpha global cities play by leading the country’s international business relations, examined through foreign TNCs. Using our methodology and data on foreign TNCs we defined five uneven groups of cities are defined in the study: city-hegemon New York, leading cities, heavyweight cities, middleweight cities and cities-outsider. The article defines some key factors that determine city’s attractiveness for foreign multinationals: its geo-economical power, functional specialization, location, historical and cultural ties, position on different sectoral markets. The study of US global cities as hubs for foreign transnational corporations seems to be especially useful for Russian cities, especially Moscow and St. Petersburgh, which aim to increase the attractiveness for foreign investment.M. E. PilkaN. A. SlukaMGIMO University Pressarticlethe world economyspatial structureglobal citymultinational corporationsthe usaaffiliate location,forbes 2000International relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 6(57), Pp 196-206 (2018)
institution DOAJ
collection DOAJ
language EN
RU
topic the world economy
spatial structure
global city
multinational corporations
the usa
affiliate location,
forbes 2000
International relations
JZ2-6530
spellingShingle the world economy
spatial structure
global city
multinational corporations
the usa
affiliate location,
forbes 2000
International relations
JZ2-6530
M. E. Pilka
N. A. Sluka
THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS
description Despite the acknowledgment of the global city concept and the importance of transnationalization processes in their formation, the debate regarding global city identification methods continues. The article stresses the need to change our approach in evaluating global cities by primarily looking at them as locales for foreign multinational corporations. By analyzing the location decisions of foreign TNCs included in the Forbes 2000 rankings two things become apparent: the “nodality” of US global cities and their hierarchical pattern. Moreover, the article recognizes the key role that Alpha global cities play by leading the country’s international business relations, examined through foreign TNCs. Using our methodology and data on foreign TNCs we defined five uneven groups of cities are defined in the study: city-hegemon New York, leading cities, heavyweight cities, middleweight cities and cities-outsider. The article defines some key factors that determine city’s attractiveness for foreign multinationals: its geo-economical power, functional specialization, location, historical and cultural ties, position on different sectoral markets. The study of US global cities as hubs for foreign transnational corporations seems to be especially useful for Russian cities, especially Moscow and St. Petersburgh, which aim to increase the attractiveness for foreign investment.
format article
author M. E. Pilka
N. A. Sluka
author_facet M. E. Pilka
N. A. Sluka
author_sort M. E. Pilka
title THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS
title_short THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS
title_full THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS
title_fullStr THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS
title_full_unstemmed THE US GLOBAL CITIES AS HUBS FOR FOREIGN TRANSNATIONAL CORPORATIONS
title_sort us global cities as hubs for foreign transnational corporations
publisher MGIMO University Press
publishDate 2018
url https://doaj.org/article/0d3ea7c5e23e4198b84fae27b3b1c174
work_keys_str_mv AT mepilka theusglobalcitiesashubsforforeigntransnationalcorporations
AT nasluka theusglobalcitiesashubsforforeigntransnationalcorporations
AT mepilka usglobalcitiesashubsforforeigntransnationalcorporations
AT nasluka usglobalcitiesashubsforforeigntransnationalcorporations
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