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
How many immigrants were in low paid employment in 2005 in London?
9 out of 10
How much of London’s waste has to be sent to China?
1/3
How many degrees higher is London’s photo chemical smog than the rest of England?
2-5 degrees
How is London managed on a strategic level?
Large development that’s subsidised through the state
How is London managed on a neighborhood level?
Participation - ‘voice’ - engaging
Local authorities
Behavior change
Environmental recycling
What is Westham’s football club doing?
‘Asians in football’ to encourage ethnic group participation
In Telford, what had deindustrialisation in the 1950’s caused?
Resulted in high levels of unemployment and out-migration
In 1968, what did the Telford Development Corporation decide to do?
Decided to revive the industrial fortunes of the area
Near Telford what was opened in the 1980’s?
M54
What was created in Telford in the 1980’s?
Created an Enterprise Zone - financial incentives were available to persuade industrialists to move into the area
What did Telford create to attract foreign investment?
Created two up market campus sites
By 2000, what % of Telford’s workforce were in the manufacturing centre?
40%
By 1998, what was FDI like in Telford?
Telford had the highest concentration of foreign owned companies in the UK
How many foreign companies were in Telford by 2005?
152
