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London a dynamic global city (World city (Combines polictical and economic…
London a dynamic global city
World city
Combines polictical and economic powers
Specific infrastructures
Cultural attraction
Connected to other metropolises : GLOBALIZATION
I. Attracts wealth and people on a world scale
Attractive center of the global service economy :
*1/4 of students
in th UK come to London to study*
Law
Business
Finance
Business cluster gather
Europe most attractive city for FDI
The world in a nutshell
Multicultural city
Many languages
1/4 born outside of the UK's
Attracts migrants
Polictical
Students
Low-qualified (work)
High-qualified (work)
London school of economics
Engine of the UK's economy
London GVA : important general growth :tada:
In 2014 : 22,9% of UK's GVA
II. The City, in the heart of the world economy
Small cluster of wealth and power
Small : 2,9 square mile
Golbalization :red_flag: corporate headquaters small place
75% of the world biggest companies
13% of UK's GDP
Iconic London
CBD landscape
(Central Business Disctrict)
Work place :no_entry: deserted after business hours
Place reshaped by globalization
Revolution triggered by financial globalization
Margaret Tatcher
Deregulation policy
Liberalize economy
III. A metropolis embedded in the global transport and communication network
Connected to a whole range of transport
Major harbour
Railway stations
Eurostar : in the head of the European megalopolis
Biggest hub inside worldwid air traffic
Ahead New York, Yokyo
Major destination for private and business tourism
30 million international visitors per year :silhouettes:
World's most visited city in term of international visits
:smiley:
Tourism revenues : 10% of GVA
Momuments and museums
Infrastructures for congresses