INTRODUCTION
Global
Cities Inc, (GCI) is an African American inspired Urban Trading Bloc that
was established more than 17 years ago, by connecting 15 major
U.S.
cities with large African American communities. The
15 original cities included: Baltimore MD.,
Washington
, DC., New 0rleans., LA.,
New York
, NY., Los Angles CA.,
San Diego
,
CA
,
Indianapolis
,
IN
,
Seattle
,
WA
,
Dallas
,
TX
,
Philadelphia
,
PA.
,
Milwaukee
, WI.,
Chicago
, IL.,
Nashville
, TN.,
St Louis
,
MO.
,
Houston
, TX.,
Atlanta
,
GA.
,
Miami
, FL.,
Cleveland
, OH., and Detroit, MI.. Settle WA, was added in 2001.
In
1990, when GCI was first established there was no infrastructure that ordinary people
could use to conduct business and trade between cities. These cities are being
connected by a recently completed business & trade infrastructure for both
foreign and domestic cities. In the early 90’s the
African American Community purchasing power was less than $350 billion dollars.
Today, however, it’s more than $850 billion dollars, according to the
Selig
Center, a
Georgia
based forecasting firm. These 16 major
U.S. Cities currently serve as the HUB for attracting other foreign and domestic
cities. GCI is the only major business and trade system in t he
Industrialized West, that allows
manufacturers and other small business owners to reach large business and
consumer markets in developing countries.
The
World Bank conducted a study in 1994 and found that the world’s largest cities
are adding 1 million people weekly. The urban population is growing by 3.8
percent a year and in 2006 they reached 3.3 billion people. This makes the GCI
Market Span larger than the population in both
India
and
China
combined. The United Nations Population Agency report, stated that by 2030
people in urban cities will reach 5 billion. The GCI developing nation
connection will enhance any business that wants to establish early roots in the
worlds largest consumer and business markets, where within ten years, four out
of five consumers will reside.