Regenerating Places Case Studies Flashcards
Sucessful regions: Sydney: What was Sydney’s population in 2015?
4.8 million- an increase of 400, 000 in 4 years mostly due to international immigration
Sucessful regions: Sydney: What percentage of Sydney’s population were born overseas?
1.5 million (over 30%) of Sydney’s residents were born overseas.
Sucessful regions: Sydney: How many different languages are spoken there?
Over 250 languages
Sucessful regions: Sydney: What sector does Sydney have strengths in?
The quaternary sector
Sucessful regions: Sydney: What age is the workforce?
Young economically active workforce, median age of 36 (comapred to 41 in the UK)
Sucessful regions: Sydney: What are happening to some of the remote areas?
Some of Australia’s remote rural areas (‘the outback’) are declining and loosing young people and their skills.
Sucessful regions: Sydney: What is Sydney because of the overseas-owned banks and TNCs?
Its the leading finical centre for the Asia-Pacific region
Sucessful regions: Sydney: Why is Sydney attractive?
Its time zone allows for business trading in the USA and Europe- which is essential for investment banks.
Sucessful regions: Sydney: Since 1985, how have Australia’s government embraced globalisation?
De-regulating banking and finance (allowing any overseas banks to operate there.
Focusing on the country’s inward migration policy of well-qualified proffesionals. Skills are in short supply and must be supported by inward migration.
Sucessful regions: Sydney: What is the average income?
Average income in Sydney is the world’s seventh highest for any city.
Sucessful regions: Sydney: Cost of living?
Very expensive to live there
Ranks between the 15th and 5th most expensive city (depending on the survey).
Sucessful regions: Sydney: Quality of life?
Ranks tenth in the world for quality of life and its residents have the world’s second-highest purchasing power.
Rural regeneration: Wave hub: Where is it?
Situated 16km off Cornwall’s north coast.
Rural regeneration: Wave hub: What’s its caapcity?
20 MW (equivalent of 6-8 wind turbines)>
Rural regeneration: Wave hub: Cost?
£42 million to build
Rural regeneration: Wave hub: Funding?
SWRDA (£12.5 million)
EU (£20 million)
UK government (£9.5 million)
Rural regeneration: Wave hub: Benefits?
Will earn over £76 million in 25 years for Cornwall’s economy and create 170 jobs
Rural regeneration: Superfast broadband: How much of Cornwall?
By 2016, 95% of Cornwall had access to fibre broadband
Rural regeneration: Superfast broadband: Cost?
£132 million
Rural regeneration: Superfast broadband: Funding?
£53.5 million from the EU Regional Development Fund
£78.5 million from BT
Rural regeneration: Superfast broadband: What does it encourage?
Buisnesses, particulary knowledge-economy companies and those that work from home.
Rural regeneration: Superfast broadband: How many jobs and economic impact?
Indepedent evaluation showed that around 2000 jobs have been created with an economic impact of around £200 million per year
Rural regeneration: Eden project: Funding?
National lottery- £56 million
EU and South West Regional Development agency- £50 million
Commercial loans- £20 million
Other loans and funds generated by the Eden Project- £14 million
Rural regeneration: Eden project: When did it open?
2001
