But the presence of multinationals there has not helped produce many local, high-tech companies, making the economy over-reliant on one type of firm.
The CEBR, a consultancy that tracks the London economy, reckons City-type jobs (including in business services linked to finance) will fall by 27, 000 this year to around 288, 000, almost a fifth below their pre-crisis peak.
Knowing that the demand for used goods could increase in our slow-growth economy, Sageworks analyzed how this type of retailer (second-hand stores, thrift shops, used good stores, etc.) fares differently from its retailing peers.
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This has been and should be treated as an emergency, as it makes economic sense to provide benefits to people that are -- because of what happened in this economy two years ago -- with the type of support that they need.
The goal is clear, but getting there, finding a way through the murk and smog that hangs over cities like Wuhan, and forging a future based not on steel but a different type of economy - that's the hard part.
And across the economy globally, obviously there is a huge requirement and a huge need for Special Forces-type individuals from all sectors of the economy.
However, we now live in a new type of economy and one of its most exciting developments is paired-matching.
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While the U.S. housing market has clearly been on the mend, mortgage application stats and the relative outperformance of companies catering to higher-end buyers, including builders like Toll Brothers, indicate that the benefit is more concentrated than the type of wide-ranging recovery that could help spur the economy and boost the job market.
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What I mean by planning is the type of cross-industry strategizing that is necessary for a healthy economy.
As I said earlier in relation to California, there are very few entities -- business, states, the federal government -- that are immune to the type of dramatic downturn that we've seen in the economy.
The chancellor of the exchequer, Gordon Brown, hitherto a seriously hyper-active type, needed a break from using fiscal policy to mend every last thing in the economy that does not work exactly as he thinks it should, and so did the country.
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