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In What Ways Real Estate is a Conduit for Flows of Finance between Global Cities World-Wide - Essay Example
Finance & Accounting
Pages 10 (2510 words)
Abstract This is a ten page Harvard citation style research paper with fifteen works cited. The objective of this research paper is to discuss in what ways is real estate a conduit for flows of finance between global cities, drawing on the case of the City of London international financial services…
Its population was estimated to be close to one million residents (Hall 1997 p. 2) A few years ago, Manuel Castells and David Harvey began an era of stimulating research. The accomplishment was to connect the process of conglomeration of metropolis to the larger historical dynamic of industrial capitalism. From then on, the city was no longer regarded in terms of social ecology, which is dependent upon the elements of population and space. The new metropolis came to be viewed as an outcome of predominant social forces which were motivated by the capitalist concept of industrialization. This conflict between the affluent and the modest became essential to how the metropolis developed (Friedmann 1986). In the past decade the research of the metropolis has been correlated to global economics. This new perspective refined insights into the dynamics of urban change. This enabled a required spatial approach on an economic system which has transcended national boundaries. The objective of this introduction is to research as basically as possible the main hypothesis which connect the formation of metropolis to worldwide economic processes. This is intended to develop a framework for academic investigation. This academic research is composed of political considerations. These global cities have become the launching platform for global capitalism. There is a contrasting relationship. ...
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