This article examines the impact of new telecommunications technologies on urban growth and development. Contrary to the conventional wisdom, the author argues that new technologies are strengthening large ‘world cities’ that are centres for international finance and information services. The author describes the emerging telecommunications infrastructure in the US and analyses the distinctive roles of government and business in the planning and development of this infrastructure. Drawing upon data from major financial institutions, the author analyses the location of corporate headquarters and information processing centres. The conclusions suggest that there will be growing disparities between urban and rural telecommunications systems and the consequences for office development.
- Financial services
- Office location
ASJC Scopus subject areas
- Geography, Planning and Development
- Urban Studies