![]() In this chapter, we present the vision and strategy model which could serve as a tool by overcoming globalization challenges. The challenges cities face because of globalization are strengthening the need to manage cities more effectively, and they demand the implementation of new decision-making models on all levels. ![]() Looking into different globalization effects, some studies analyse the connection between cities, trade, and economic growth (see ). Study on how globalization affects developing cities highlighted the need for a model which would help those cities overcome the obstacles of globalization (in ). Globalization has caused an increase of foreign direct investment in Indian cities (in ) while study (see ) shows that direct investments were the main consequences of globalization in Cairo. Analysis of globalization effects on cities in South Africa showed that the economic, social, and cultural consequences are especially noticeable (see ). There are numerous studies available on the consequences of globalization in various countries, but many fewer focus solely on cities, although the volume of research has been growing in recent years. Globalization has caused many societal changes and influenced the role of cities, which in turn must face the challenges globalization brings about. They are the foundation of economic development and the core of exchange and trade they help promote personal freedom and are the centers of creativity, development, and innovation. ![]() Cities have an important political, social, economic, and cultural role in their regions.
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