(Berrol, 1997).Īnother feature is that of the presence of financial institutions for example the IMF, presence of law firms and stock exchanges within that city, and presence of corporate headquarters e.g. Another common feature of a global city is that of superior transportation networks including highly developed international airports that can serve the city and the rest of the world. This is evident where the population living in that city is large and they conduct their activities without conflicts. The other feature is that of a large population in that city with diverse cultures normally referred to as a metropolitan city. The other common feature is that the city is actively involved in international dealings globally. People can easily recognize that city is in any particular country without searching or asking for it for example in geographical books. The following are features of a global city the first feature is that of the city being international that is well known all over the world. This aspect has seen the growth of global cities all over the world. Because of development of advanced technology the world has increasingly become a global village and thus international business concept has come up. The growing economic interdependence among various countries marks increased globalization and this has also led to the development of global cities around the globe including Adelaide. Globalization can be defined as a trend towards a more integrated global economic system that occurs with increased disregard for national borders and state boundaries. Under global city, the connections binding it is said to have an undeviating and substantial consequence on global dealings mainly the way of life of different people and politics in that city. To get the real meaning of a global city, the term globalization is divided with particular regards to planned geographic locations that enhance global activities formation and facilitation. A global city can be defined as a city whereby the globalization concept has gained roots and people from diverse cultures are present in that particular city and they live like a community without conflicts.
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