Publication > Part III: Policies for the future > CC1
International organisations at the global (WTO) or European (EU) level are needed to regulate this exchange of goods, services and knowledge. Agreements may facilitate trade and prevent protectionism.
Cities in Cosmopolitan Centres are strong and big enough to regulate their own economy and determine their own location conditions. Local institutions have the advantage of meeting local needs. These differ from city to city in CC.
The influence of provinces and states in regulating the economy is limited in this scenario.
Cosmopolitan Centres (Place of business)
The economy of Cosmopolitan Centres relies on international relations. Production processes are globally connected, which requires reliably trade relations and information exchange.International organisations at the global (WTO) or European (EU) level are needed to regulate this exchange of goods, services and knowledge. Agreements may facilitate trade and prevent protectionism.
Cities in Cosmopolitan Centres are strong and big enough to regulate their own economy and determine their own location conditions. Local institutions have the advantage of meeting local needs. These differ from city to city in CC.
The influence of provinces and states in regulating the economy is limited in this scenario.