This classic work chronicles how New York, London, and Tokyo became command centers for the global economy and in the process underwent a series of massive and parallel changes. What distinguishes Sassen's theoretical framework is the emphasis on the formation of cross-border dynamics through which these cities and the growing number of other global cities begin to form strategic transnational networks. All the core data in this new edition have been updated, while the preface and epilogue discuss the relevant trends in globalization since the book originally came out in 1991.

This is a thoroughly revised edition of the classic work that chronicles how New York, London, and Tokyo became command centers of the global economy and in the process underwent massive and parallel changes. Sassen has updated all the data in the book and thoroughly rewritten all of the chapters to engage with debates sparked by the first edition.

"A multi-disciplinary tour de force that should be read not only by regional economists but also by urban geographers, sociologists, and planners."