Cities around the world are assessed and ranked into a hierarchy based on their business services. Answer each of the following items.
In 1–2 sentences, explain the hierarchy of the ranking system.
In 3–4 sentences, list the six factors taken into consideration when global cities are ranked, and give an example of each.
In 1–2 sentences, describe one global city in terms of its ranking, and some of the factors that afforded it its status in the hierarchy.
1. The hierarchy of the ranking system for global cities is based on their level of business services and economic importance on a global scale. Cities are ranked according to factors such as connectivity, cultural influence, human capital, and economic diversity.
2. The six factors taken into consideration when ranking global cities include economic strength (ex: GDP per capita in New York City), cultural influence (ex: number of international visitors in Paris), political power (ex: hosting of international organizations in Geneva), connectivity (ex: number of international flights in London), human capital (ex: number of top universities in Tokyo), and information exchange (ex: number of international conferences in Seoul).
3. Tokyo, Japan is considered a top global city due to its ranking as one of the most economically strong cities in the world. Factors such as its high level of human capital, cultural influence, and connectivity through its efficient transportation systems have afforded it its status in the hierarchy of global cities.