Embeddedness remains a central concept in much economic geographical thought for understanding how social factors influence economic activity. Recent commentators have argued for a reconceptualization that entails a relational and processual redefinition of the concept. This paper argues,...

The ‘global city hypothesis' proposed by Saskia Sassen – and subsequently developed by Manuel Castells and others in the theory of a globalized urban network – has in recent years formed the basis for the argument that power and control in transnational firms (TNCs) is primarily situated...