The process of global transformation functions and operates in multifaceted dimensions and influences several complex systems that structure society (Held et al 1999), including many aspects of economics, politics, culture and 'environment. Economic development is regularly considered the most advanced aspect of globalization, as it contains significant components recognized in shaping interconnected global activities, such as finance, manufacturing, and trade (Newman and Thornley 2000). Here, complex theoretical issues focusing on the geographical foundations and dimensions of economic growth are outlined, with a critical analysis based on the peculiarities of the Birmingham economy and the parallels linking aspects of development policy planning and the neoliberal economic context. Global correlations that establish the constancy of multicentric clusters of capital and the efficiency of economic activity across spatial boundaries are further taken into account. Furthermore, the extent and current relevance of traditional spatial scales such as regional and metropolitan areas and the direct and indirect influences caused by trends associated with globalization are discussed. Defining GlobalizationRose (2005) defines globalization as a process in which places and institutions have evolved into an integrated system that has global dimensions. From a geographic perspective, the fundamental influences of globalization incorporate the process of expanding the scale of the spatial base of organizations and institutions and the increasing level and intensity of interconnectedness across regional and metropolitan boundaries. The first, includes the emerging role of multinational corporations (TNCs) and decision making largely... middle of paper... is concentrated in developed countries such as Europe, North America and parts of the world. of Asia Pacific, creating distinct economic clusters. In contrast, Scott (2001) argues that the regional agglomeration economy is realized through several peripheral areas that all contribute to the prosperous economic core, thus formulating a complex network of multicenter clusters. According to Held et al (1999) the implication of globalization is primarily the expansion of political and economic activities across borders such that decisions developed in a single region may in turn prove significant to individuals and communities in the regions of the globe. The effect of globalization on a regional scale is a complex analytical paradigm due to the traditional spatial scale that we identify as regions, which is modified, interconnected or diffused. Borja postulated it: