Gateway cities: banking circles, concentration and dispersion in the Brazilian urban environment

Authors

  • Eliana Consoni Rossi Instituto Alberto Luiz Coimbra de Pós-Graduação e Pesquisa, Universidade Federal do Rio de Janeiro
  • Peter J Taylor Department of Geography, Loughborough University, Loughborough

DOI:

https://doi.org/10.4067/S0250-71612007000300007

Keywords:

global city, urban economy, globalization, location, financial services

Abstract

This exploratory study shows how the major hanks operating in Brazil in 2003 apply the two global practices -concentration and dispersion- in the Brazilian urban environment. Four global and two domestic location strategies of those banks were identified. The strategies were found employing the multivariate method of principal component analysis in a matrix of 54 cities versus 31 banks. In the light of world city functions, the gateway city concept as defined by Alan Pred was the basis for interpreting the six bank location strategies. The hinterland of a world city was understood as its functional links to other cities in the country, created in the global economy by advanced producer services in the world city. According to the results, the city of Sao Paulo articulates the national and the global economies as the main gateway city in Brazil. Additionally, they point to Curitiba as an alternative Brazilian gateway city. The results also show that high-accumulated sales in a city contribute only slightly to the city performance in global banking circles.

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Published

2007-12-02

How to Cite

Consoni Rossi, E., & Taylor, P. J. (2007). Gateway cities: banking circles, concentration and dispersion in the Brazilian urban environment. Revista EURE - Revista De Estudios Urbano Regionales, 33(100). https://doi.org/10.4067/S0250-71612007000300007

Issue

Section

Articles