The Economy of The United Kingdom

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The economy of the United Kingdom is really a tale of two cities, it was the best of times and it was the worst of times, it is an economy with the highest levels of foreign investment per capita in the world and it is an economy with a major poverty crisis. It's an economy that's home to the second-largest financial center in the world and yet its entire economy is smaller than that of California.

In this video, let's explore why these financial institutions decide to call London home.

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📚 Want to learn more about the economy of the United Kingdom? We recommend reading "The Enlightened Economy: An Economic History of Britain 1700-1850 (The New Economic History of Britain Series) ", by Joel Mokyr 👉 https://amzn.to/37kBZMw (as an Amazon Associate, we earn from qualifying purchases)

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#UK #Economics #England

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Sources & Citations -

Drennan, M.P., 1996. The dominance of international finance by London, New York and Tokyo. The global economy in transition

Sandford, C.T., 2015. Economics of public finance: an economic analysis of government expenditure and revenue in the United Kingdom

Lewis, M.K., 1999. International banking and offshore finance: London and the major centres. In Offshore Finance Centres and Tax Havens

Cassis, Y., 2010. Capitals of Capital: the rise and fall of international financial centres 1780-2009. Cambridge University Press.

Dunnett, P., 2013. The Decline of the British Motor Industry (Routledge Revivals): The Effects of Government Policy

Amit, R., Liechtenstein, H., Prats, M.J., Millay, T. and Pendleton, L.P., 2008. Single-family offices: Private wealth management in the family context

Glucksberg, L. and Burrows, R., 2016. Family offices and the contemporary infrastructures of dynastic wealth.

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Documentary - youtube.com/watch?v=np_ylvc8Zj8

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Видео The Economy of The United Kingdom канала Economics Explained