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This paper analyzes the recent critical interest in the global city, and assesses the significance of what it calls the city-urban transaction. This latter term refers to a tendency amongst recent approaches to offset waning city definition the rise of the urban, and lament the former in the name of the latter. The point of departure for this reading concerns the relationship between models of development and the often disparaging figuration of the urban. It rejects the technologicaldoi:10.4000/transtexts.145 fatcat:ox27xenuqbhshlgtbkm4ylexem