Transformation of economic processes in the context of globalization under intensive use of new information technologies leads to reinforcement of centrality of major metropolitan centers. Major corporation headquarters and other strategic functions in the private sector tend to concentrate in these centers. Concentration leads to the transformation of CBD thus extending either in its immediate petiphery-vertically and horizontally-, or in greater distance, under use of modern mass transport. A new geography of centers and central functions appears, with the development of a network of places incorporating both older centers and new agglomerations of central functions located both in the immediate and the broader metropolitan area.
