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![]() ![]() ![]() More recently, the term has been described as being synonymous with a city’s influence and ‘financial capital’, with other factors becoming less relevant. The use of the term ‘world city’ dates back to May 1886 when used to describe Liverpool in ‘The Illustrated London News’. The idea of globalisation can be understood as a city having a direct and tangible effect on global affairs through socio-economic means. The concept comes from geography and urban studies. A world city, also known as global city, is generally a city considered to be an important node in the global economic system.
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