chapter  10
14 Pages

Marketing a city-state: Hamburg and Singapore in comparison


The current era of high-speed global capitalism has led to an increased mobility of capital and labour. This structural advantage changes their relationship to the third of the classical factors of the production process, namely land. Accordingly, the traditional functions and relevance of individual geographical places are undergoing rapid re-evaluation. Certain places emerge as winners in the process of global market integration, while others cannot readjust in time.