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Economic development of London

Economic development of London 3bjkX
ECONOMICS Along with New York City and Tokyo, London is one of the three command centers for the world economy. The largest industry in London is finance, but professional services, media such as the BBC and tourism are also major industries in the city. After Paris, London is the second most visited city in the world and attracted more than 30 million international visitors in 2017. International trade & investment Our International Trade and Investment team analyse international trade and FDI flows and their interaction with different areas of trade policy, with a focus on customs arrangements and trade barriers. Recent projects have examined the impacts of trade and investment on the economy including the regional impacts of agricultural trade policy and analysis of policies that support exporting businesses, focussing on SMEs. The team uses cutting edge econometric modelling, as well as qualitative analysis tools such as literature reviews and case studies. Data & technology Advances in technology are a key source of economic growth and dynamism. London Economics’ work in this area covers AI, Robotics and Autonomous Systems, Industry 4. 0, the Internet of Things (IoT), High-Performance Computing, Nuclear Fusion and Advanced Materials, amongst others. Data technologies and data markets represent another important area of focus, including the economics of data protection, international trade in data, data sharing between organisations, and data institutions. Our expertise in this area is underpinned by our practical know-how in advanced analytics and AI and our understanding of the economics of innovation and competition in dynamic technology markets. A few large corporations located in London: IBM, DIGITAL EXTREMES, InfoTech, StarTech. com, Diebold Nixdorf, NORHERN Entrepreneurship & SMEs SMEs make a major contribution to economic growth and employment, accounting for more than 99% of all enterprises in Europe. The London Economics SME team has extensive experience of providing evidence-based advice to private and public clients on SME issues, policies and programs, including their effectiveness and efficiency. Life quality The UK-based consulting firm ECA International conducted a study and named the most expensive cities to live in. And London is in the top 10. London is one of the places with the most net worth of people in the world. There are more and more rich people here. London has always been at the forefront of social development and lifestyle. The consumption level of the upper class is increasing sharply. Londoners are "savvy and discerning". Their high life is reflected in their consumption of food, fashion, housing, transportation, etc.
ECONOMICS

Along with New York City and Tokyo, London is one of the three command centers for the world economy. The largest industry in London is finance,
but
professional services, media such as the BBC and tourism are
also
major industries in the city. After Paris, London is the second most visited city in the world and attracted more than 30 million
international
visitors in
2017. International
trade
& investment

Our
International
Trade
and Investment team
analyse
international
trade
and FDI flows and their interaction with
different
areas
of
trade
policy
, with a focus on customs arrangements and
trade
barriers. Recent projects have examined the impacts of
trade
and investment on the economy including the regional impacts of agricultural
trade
policy
and analysis of
policies
that support exporting businesses, focussing on SMEs. The team
uses
cutting edge econometric modelling,
as well
as qualitative analysis tools such as literature reviews and case studies.

Data & technology

Advances in technology are a key source of
economic
growth and dynamism. London
Economics’
work in this
area
covers AI, Robotics and Autonomous Systems, Industry 4. 0, the Internet of Things (IoT), High-Performance Computing, Nuclear Fusion and Advanced Materials, amongst others.
Data
technologies and
data
markets represent another
important
area
of focus, including the
economics
of
data
protection,
international
trade
in
data
,
data
sharing between
organisations
, and
data
institutions. Our expertise in this
area
is underpinned
by our practical know-how in advanced analytics and AI and our understanding of the
economics
of innovation and competition in dynamic technology markets.

A few large corporations located in London: IBM, DIGITAL EXTREMES,
InfoTech
,
StarTech
.
com
,
Diebold
Nixdorf
,
NORHERN


Entrepreneurship &
SMEs SMEs
make
a major contribution to
economic
growth and employment, accounting for more than 99% of all enterprises in Europe. The London
Economics
SME team has extensive experience of providing evidence-based advice to private and public clients on SME issues,
policies
and programs, including their effectiveness and efficiency.

Life quality

The UK-based consulting firm ECA
International
conducted a study and named the most expensive
cities
to
live
in. And London is in the top 10.

London is one of the places with the most net worth of
people
in the world. There are more and more rich
people
here.

London has always been at the forefront of social development and lifestyle. The consumption level of the upper
class
is increasing
sharply
. Londoners are
"
savvy and discerning
"
. Their high life
is reflected
in their consumption of food, fashion, housing, transportation, etc.
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IELTS essay Economic development of London

Essay
  American English
7 paragraphs
413 words
5.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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