Global city debates and Istanbul

Abstract

Globalization of world economy has serious impacts on the cities. Role of individual cities isgrowing. The term “global city” is used for some individual cities that have crucial controllingauthorities in the world economy and finance. Istanbul is said to have the potential to be aglobal city in the near future. This claim is strong enough that policies for Istanbul aredesigned in parallel to the aim to make the city global. However, these policies created newproblems and deepened the existing problems of inequality and polarization in Istanbul.This study discusses the results of policies towards making Istanbul a global city, in terms ofthe changing structure of land and labour markets of Istanbul.

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