A discussion of the strengths and weaknesses of the new economy created by the Brighton and Hove region in the south east of England.
Written in 2007; 1,590 words; 5 sources; $ 52.95
Paper Summary:
This paper examines how Brighton and Hove (B&H) has built itself a new economy taking advantage of the changes in the UK economy and diversifying into the service sector. It explains how this was done through development, a favourable environment and taking advantage of the highly skilled labour force that moves to the city either to study or because of its attractiveness as modern city. The paper points out that at the same time the city has left its self open to new problems that will have to be addressed by local and central government and that these problems mainly revolve around the existing infrastructure of the area. The paper also notes that in recent years the B&H council seems to be addressing some of these problems with projects such as the new Library and the Black Rock development, but other problems still require attention especially those of housing, the skills gap at the lower level of the jobs market, transport links and suitable business premises, so the economy can expand more.
From the Paper:
"Brighton and Hove (B&H) is situated in the south east of England within the most prosperous region outside of London, benefiting from this, it has turned it's economy around from unemployment rates as high as 12% during the 80's down to rates of around 2%. In many ways it reflects the changes put on the whole country as it has moved from the industrial base of the 70s towards the providing of services now seen all over western economies. This change while improving the local area and the standards of living for its inhabitants and employees also brings new problems and challenges such as the business cycle, inflation and the risk of unemployment that they may bring and these problems must be met by local and central governments."
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