successful places - sydney
- Created by: sana.2000
- Created on: 01-04-19 11:30
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- successful places - Sydney
- general info
- population - 4.8 million
- 30% of Sydney's population - born overseas
- multicultural city
- economically successful
- large knowledge economy - Quaternary sector ICT
- GDP - 2013 - US$337 billion (highest for Aus.)
- leading centre in the Asia-pacific to the large number of overseas banks and TNCs
- young economically active workforce - median age 36 (UK's is 41)
- employment levels high - incomes above the ave.
- low levels of multiple deprivation
- some deprivation in western suburbs
- gov. policies for globalisation
- de-regulating (freerer markets) banking and finance (allows any overseas banks to operate there)
- focus on countries inward migration policy on well-qualified professionals
- focus on policy as the skills are in short supply - supported by inward migrations
- 'knowledge economy' - is 'footloose' - relocate a lot due to jobs
- 'sun-belt'
- sunny climate and warm climate means
- attract migrants
- unsuccessful
- high levels of migration
- high property prices
- ranked 4th most expensive city
- high levels of migration
- socially successful
- Untitled
- general info
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