UK case study Flashcards
How much do financial and business services count for in UK exports?
1/3
What has globalisation forced many firms to do?
Specialise in areas where they have a comparative advantage
How much of the world’s financial exports was the UK responsible for in 2006?
25%
How much of the world’s computer services exports was the UK responsible for in 2006?
14%
Who tops the league of inward and outward investment?
Europe and North America
Where is the UK placed in the world in terms of FDI?
2nd most attractive in world for FDI
In 2006 how much did foreign TNC’s account for the turnover in manufacturing firms?
35%
In 2006 what percentage of people did foreign TNC’s employ?
20%
In 2006, what percentage of the UK’s workforce was foreign born?
12.5%
In 2003 how much did the 15-24 and 25-44 age groups account for in migration?
in = 84% out = 25%
What does offshoring affect?
Affects service industries e.g transfer of back office and customer service jobs to India
In 2005 how many people in India worked in outsourced customer services?
100,000
How many are employed by the IT industry in India?
1.5million
During the 70’s and 80’s, which countries TNC’s made large investments?
Japan, Korea, and US
In 2004 what brought an influx of immigrants?
Enlargement of the EU
Between 2004 and 2006 how many people migrated to the UK from eastern Europe?
600,000
Who was affected by the closure of Port Talbort in 2016?
3000 directly employed
3000 contractors
6000 in supply chain
How many migrants are there in London?
200,000
How many communities of foreign nationals are there?
34 with over 10,000 in each
In Hackney how many city councilors are from ethnic minority groups?
1/2
In the Tower Hamlets, what percentage of councilors are Bangladeshi?
65%
What has made London easy to visit?
Communications and air travel
What is there a strain on in London?
public services e.g schools
How many 16-18 year olds are unemployed or not in education in London?
1 out of 10
