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Economy Of London
The economy of London is dominated by service industries, particularly financial services and associated professional services, which have strong links with the economy in other parts of the United Kingdom (UK) and internationally. In addition to being the capital city of the United Kingdom, London is one of the world's leading financial centres for international business and commerce and is one of the "command centres" for the global economy. London is the most populous region, urban zone and metropolitan area in the United Kingdom. London had the fifth largest metropolitan economy in the world in 2011 according to the Brookings Institution. Some of its neighbourhoods have estimated per capita GVA as high as £116,800 ($162,200). The London fiscal surplus, £32.5 billion in 2016–17, mostly goes towards funding services in other parts of the UK. London generates approximately 22 per cent of the UK's GDP. 841,000 private sector businesses were based in London at the start ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bishopsgate2
Bishopsgate was one of the eastern gates in London's former defensive wall. The gate gave its name to the Bishopsgate Ward of the City of London. The ward is traditionally divided into ''Bishopsgate Within'', inside the line wall, and ''Bishopsgate Without'' beyond it. ''Bishopsgate Without'' is described as part of London's East End. The ancient boundaries of the City wards were reviewed in 1994 and 2013, so that the wards no longer correspond very closely to their historic extents. ''Bishopsgate Without'' gained a significant part of Shoreditch from the London Borough of Hackney, while nearly all of ''Bishopsgate Within'' was transferred to other wards. Bishopsgate is also the name of the street, being the part of the originally Roman Ermine Street (now the A10) within the traditional extent of the Ward. The gate The gate was first built in the Roman era, probably at the time the wall was first built. The road though the gate, Ermine Street, known at this point as Bishops ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Largest Cities Of The European Union By Population Within City Limits
This is a list of the largest cities in the European Union according to the population within their city boundary. The cities listed all have populations over 300,000. The list deals exclusively with the areas within city administrative boundaries as opposed to urban areas or larger urban zones (metropolitan areas), which are generally larger in terms of population than the main city. As some cities have a very narrow boundary and others a very wide, the list may not give an accurate view of the comparative magnitude of different places, and the figures in the list should be treated with caution. Paris is the most populous urban area in the European Union, but the strict definition of the administrative limits of the City of Paris results in a far lower population shown in the table. Likewise the City of Brussels municipality is so much smaller than the greater Brussels Capital Region that it does not reach the population threshold to be listed here. Cities by population withi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Empire
The British Empire was composed of the dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom and its predecessor states. It began with the overseas possessions and trading posts established by England between the late 16th and early 18th centuries. At its height it was the largest empire in history and, for over a century, was the foremost global power. By 1913, the British Empire held sway over 412 million people, of the world population at the time, and by 1920, it covered , of the Earth's total land area. As a result, its constitutional, legal, linguistic, and cultural legacy is widespread. At the peak of its power, it was described as "the empire on which the sun never sets", as the Sun was always shining on at least one of its territories. During the Age of Discovery in the 15th and 16th centuries, Portugal and Spain pioneered European exploration of the globe, and in the process established large overse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tertiary Sector Of Industry
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of services instead of end products. Services (also known as " intangible goods") include attention, advice, access, experience and affective labor. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector. The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or entertainment. The goods may be transformed in the process of providing the service, as happens in the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second World War
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Paris
The economy of Paris is based largely on services and commerce: of the 390,480 of its enterprises, 80.6 percent are engaged in commerce, transportation, and diverse services, 6.5 percent in construction, and just 3.8 percent in industry. Paris, including both the City of Paris and the Île-de-France region (Paris Region), is the most important center of economic activity in France, accounting for about thirty percent of the French GDP. Paris had the fourth largest metropolitan economy in the world in 2011 according to the Brookings Institution and first in Europe. The Paris region is Europe's richest region with a GDP (PPP) at over $1 trillion equivalent to that of the Netherlands or Indonesia and higher than countries like Switzerland, Sweden or Saudi Arabia, ahead of North Rhine-Westphalia in Germany and Greater London in the United Kingdom. It has the highest per capita GDP of any French region and the third highest of any region in the European Union. The story is similar in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Metropolitan Area
The London metropolitan area is the metropolitan area of London, England. It has several definitions, including the London Travel to Work Area, and usually consists of the London urban area, settlements that share London's infrastructure, and places from which it is practicable to commute to work in London. It is also known as the London commuter belt, or Southeast metropolitan area. , before Brexit, the London metropolitan area was the most populated metropolis in the European Union with a population of approximately 14,372,596. Scope The boundaries are not fixed; they expand as transport options improve and affordable housing moves further away from the city centre. The belt currently covers much of the South East region and part of the East of England region, including the home counties of Hertfordshire, Buckinghamshire, Berkshire, Surrey, Kent and Essex, and, by several definitions, Hampshire, West Sussex, East Sussex and Bedfordshire. The resident population of Greater L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United Kingdom
The economy of the United Kingdom is a highly developed social market and market-orientated economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power parity (PPP), and twenty second-highest by GDP per capita, constituting 3.3% of nominal world GDP. By PPP (purchasing power parity) terms, UK constitutes 2.34% of world GDP. The United Kingdom is one of the most globalised economies, and comprises England, Scotland, Wales and Northern Ireland. In 2020, the UK was the fifth largest exporter in the world and the fifth-largest importer. It also had the third-largest inward foreign direct investment, and the fifth-largest outward foreign direct investment. In 2020, the UK's trade with the 27 member states of the European Union accounted for 49% of the country's exports and 52% of its imports. The service sector dominates, contributing 81% of GDP; the financial services industry is partic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Fiscal Surplus
London, the capital of England and the United Kingdom, has a fiscal surplus since the tax collected is above the amount spent on local services. Of all the United Kingdom's statistical regions, London runs the highest surplus both in absolute terms and per capita. In the 2016–17 fiscal year, London's surplus was £32.5 billion and its fiscal transfer was £38.6 billion. History The Labour Party manifesto for the 1964 United Kingdom general election mentions "drift to the south" and the imbalance of London's economy compared to other parts of the United Kingdom as problems to be addressed by the central government. The Labour Party won the election and Harold Wilson's government made a requirement that all new government organisations be set up outside London to combat excessive centralization. However, the imbalance continued to increase. The London surplus averaged £15 billion between 2000 and 2009, around 4 to 9 percent of the region's gross value added. D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Value Added
In economics, gross value added (GVA) is the measure of the value of goods and services produced in an area, industry or sector of an economy. "Gross value added is the value of output minus the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the System of National Accounts (SNA) are generated and is therefore carried forward into the primary distribution of income account." Relationship to gross domestic product GVA is a very important measure, because it is used to determine gross domestic product (GDP). GDP is an indicator of the health of a national economy and economic growth. It represents the monetary value of all products and services produced in the country within a defined period of time. "In comparing GVA and GDP, we can say that GVA is a better measure for the economic welfare of the population, because it includes all prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brookings Institution
The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in economics (and tax policy), metropolitan policy, governance, foreign policy, global economy, and economic development. Its stated mission is to "provide innovative and practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security and opportunity of all Americans; and secure a more open, safe, prosperous, and cooperative international system." Brookings has five research programs at its Washington campus: Economic Studies, Foreign Policy, Governance Studies, Global Economy and Development, and Metropolitan Policy. It also established and operated three international centers in Doha, Qatar (Brookings Doha Center); Beijing, China (Brookings-Tsinghua Center for Public P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metropolitan Economy
A metropolitan economy refers to the cohesive, naturally evolving concentration of industries, commerce, markets, firms, housing, human capital, infrastructure and other economic elements that are comprised in a particular metropolitan area. Rather than the definition of distinct urban and suburban economies that evolve and function independently, a metropolitan economy encompasses all interdependent jurisdictions of particular regional clusters. This type of economy has all its units functioning together in a trans-boundary landscape that often crosses city, county, state, province, and even national lines.Mark, M., Katz, B., Rahman, S., and Warren, D. Brookings MetroPolicy: Shaping A New Federal Partnership for a Metropolitan Nation. Metropolitan economies expand from the parochial view taken in urban economics which focuses entirely on a city's spatial structure, and broadens it into a metropolitan's spatial and social/economic structure. Development In the latest evolution ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
