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
    • socially successful
      • Untitled

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