Global City
• Sassen (1991) ‘ The Global City’ - 4 functions:
1. Command point;
2. Site of production;
1. The production of specialized services needed by complex o
rganizations for running a dispersed network of factories, o
ffices, and service outlets;
2. The production of financial innovations and the making of m
arkets, both central to the internationalization and e
xpansion of the financial industry.
3. Market;
4. Innovation site