London, New York and Tokyo as Global Cities Research Paper

capital of the linked Kingdom, New York and capital of Japan as Global Cities - Research Paper ExampleFounded by the Romans, capital of the United Kingdom stands on River Thames and has acted as a key settlement spot for almost two millennia (Beaverstock 114). New York City, located in New York State in the northeasterly expanse of the United States, is the states and nations most populous metropolis. Courtesy of New York City, New York State is presently the United States largest and busiest immigration gateway. Japans capital city, Tokyo, is also the worlds largest metropolitan subject and among Japans 47 prefectures. Ancient history suggests that Tokyo was a fishing village in the 15th century, but has evolved through being a cultural, religious and military stronghold to its present economic giant status. Presently, Tokyo is home to the Imperial Family of Japan and the governments headquarters. In the context of global cities, London, New York and Tokyo lead the world, and are classified as important++ cities. Alpha++ cities are the most globally integrated cities with other. In this perspective, global cities form critical nodes in the worldwide economic framework (U.S. Census part 96). The first part of this paper will provide a brief historical background and overall economic profile of the three cities. Then, it will image the details of size and diversity of the population and labor migration of the three cities. ... In 1176, a new stone bridge replaced the wooden one built by the Romans. During the reign of Edward III, London became a true capital (Beaverstock 121). Economic Profile Presently, finance remains the largest industry in London, with financial exports contributing largely to the residual payments of the United Kingdom. This makes it a key economic and commercial center for multiple interests on the international business platform, ranking fifth among the worlds largest city economies. In 2012, its Gross Domestic Product (GDP) was es timated at slightly above $ 731 billion. Per capita GDP for the same year was at $51,798 (U.S. Census Bureau 78). With its economic profile, London as a city has been generating about 20 percent of the entire United Kingdoms GDP for the past decade, while the metropolitan area on its own generates 30 percent. As per statistics at the beginning of 2013, with over 841,000 businesses in the private sector, London had the highest number businesses than all other regions and countries in the United Kingdom. Out of the private sector businesses, 30 percent are collectively in the professional, technical, scientific and construction industries, forming a significant part of the small and long suit enterprises (SMEs). The major business districts are, in ascending order, Lambeth & Southwark, Canary Wharf, Camden & Islington, Westminster and The City, where economic activities range from accountancy to legal, real estate, architecture and government operations (Scheltema & Westerhuijs 69). Size and Diversity of the creation Between the 16th and 19th centuries, Londons population grew from 50,000 to 900,000 in spite of unhealthy