Globalization, Regionalism, and Urban Restructuring

Abstract

Global-city scholars have drawn attention to urban development in places such as New York, London, and Miami, claiming that some features of that development respond more to global economic conditions than to local or national ones. Focusing on cities that are major international financial centers, researchers have paid less attention to the specifically global aspects of economic change in cities that are not financial centers. The author discusses the patterns of economic globalization in Philadelphia, using the city as a case study of how globalization plays out in a less prominent city. Tracing the simultaneous rise in the 1980s and 1990s of foreign direct investment and an organization of corporate elites dedicated to promoting a political strategy of regionalism, the author argues that globalization has had both economic and political ramifications for the city and the surrounding region.

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