Emerging Nodes in the Global Economy: Frankfurt and Tel Aviv by Daniel Felsenstein, Eike W. Schamp, Arie Shachar

By Daniel Felsenstein, Eike W. Schamp, Arie Shachar

Cities shape one of many primary arenas during which globalization techniques are occur. a lot of the curiosity within the city results of globalization is targeted on a restricted variety of iconic 'global' or 'world' towns. so much areas besides the fact that won't ever reach that prestige. they're prone to play constrained and really good roles in a global financial system more and more ruled by means of flows. Emerging Nodes in a world Network seems on the temporal and risky ways that such towns, Frankfurt and Tel Aviv, have interaction the worldwide financial system. The imperative thesis of the publication contends that the present around of globalization is characterised through locations selectively functioning as nodes inside international networks. Drawing on a mixture of qualitative and quantitative empirical stories of top sectors in Frankfurt and Tel Aviv (financial and company providers, excessive know-how, air transportation, tourism and cultural industries), the method of community formation is systematically analyzed and the function of nationwide and local coverage is highlighted.
Audience: This e-book may be of significant curiosity to teachers, researchers, practitioners and coverage makers within the parts of city and financial geography, public coverage and monetary improvement. It additionally offers priceless fabric for presidency officers and local and nationwide corporations focused on metropolitan making plans and development.

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During the same year, Frankfurt was still the largest R&D location. But, after a 30 percent reduction in employees, it employed only approximately one-fourth of all company R&D employees (Specht, 1999). New research competencies were set up in other locations, for example a genetic research center near Munich. As of the year 2000, Frankfurt no longer had a central research lab. What consequences will this have on the FrankfurtlRhein-Main region, aside from effects related to change in size? One answer is found in the assumption that large companies' Fordist organization hindered the emergence of a regionally networked 'island of competency' in which the company, research and vocational training units might have worked together (Schamp, 2002).

Technischer Fortschritt und wirtschaftliche Entwicklung. Beiträge zur Geschichte des Industriestandorts FranlifUrt-Darmstadt (19-63). : Societäts-Verlag. Freund, B. (1995). Die Suburbanisierung von Betrieben im Rhein-Main-Gebiet. In G. ), Das Rhein-Main-Gebiet. Aktuelle Strukturen und Entwicklungsprobleme. Mainzer Kontaktstudium Geographie 1 (45-54). Mainz: Geographisches Institut der Johannes Gutenberg-Universität. Friedman, J. (1995). Where we stand: a decade ofworld city research. L. Knox & PJ.

For big firms utilizing large areas of floor space this was a substantial incentive. Together these two measures combined to attract land development and large-scale office and commercial property construction. A collection of over 20 high-rise buildings rapidly emerged at the western-most tip of Ramat Gan by the end of the 1990s. This 'top location' was created outside the boundaries ofTel Aviv over a relatively short period, featuring all the characteristics of a CBD in terms of the intensity of development and type of firms occupying the new office development (Kipnis, 1998).

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