Introduction
This paper is aimed at examining the economic geography of the French region Languedoc-Roussillon with regards to the region’s performance, urban patterns, employment structures and the effects of globalisation.
Languedoc-Roussillon is a NUTS2 region, consisting of five departments, in the south of France and it borders with Provence-Alpes-Côte d'Azur,Rhône-Alpes, Auvergne, Midi-Pyrénées and it is also bordered with the Mediterranean-Sea, Andorra and Spain. Its total area is 27 376 km2 with a total population of 2 727 286 as of 1 January 2013, with a population density of 94/km2.
The performance of the region
I chose to measure the regions performance in Gross Domestic Product (GDP) per capita at purchasing power standards (PPS) and compared its rate to the EU28 and French averages. GDP per capita is the value of all goods and services produced in a country in a year divided by the middle-aged population of the country . Measurement in PPS helps because according to the definition given by Eurostat it is “a common currency that eliminates the differences in price levels between countries” which eliminates the differences between the prices of different countries and currencies. It is useful to compare the region’s performance to performance of the whole France in order to assess, whether the performance is below or above the French average. To get an even better picture of this performance one needs to compare the numbers to the European Union (28 countries) average as well.
From the PPS comparison chart it can be seen that Languedoc-Roussillon performs in this regard below the EU and French averages. The GDP development of the region generally follows that of the EU28 and the French average, although it is alwa...
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...nd involving over 4000 other ones in innovation and R&D. The main priorities are to develop innovation and the knowledge-based economy, in which this region is already at an advanced stage, reducing the vulnerability of the region by making it appealing to companies and entities and maintaining balance in regional development (ec.europa.eu). The programme is overseen by the French General of Regional Affairs and the Languedoc regional council. This further indicates that the region is going to develop further in the upcoming years thanks partly to the EU funding and the planned development that comes with it.
Conclusion
In conclusion, Languedoc-Roussilon is, as of now, behind in performance to the French average, but it has good education, a growing population, a good location and a booming tourism industry that will help tremendously to improve its performance.
The European Union has been helped economically ever since World War II. Right after World War II’s end, Europe was struggling to hold on. The countries of the modern-day European Union thought it would be a good idea to come together and help each others struggling economy. To this day, this decision has had a very positive outcome on the EU’s economy. As shown in Diagram 1, the European Union combined together has the world’s highest GDP at 18.3 Trillion USD as compared to the United States’ 17.4 Trillion USD GDP and China’s 10.4 Trillion USD GDP. The idea
Said in Document B, it shows a graph of Greece, Portugal, Czech Republic, and Hungary. It displays their synthetic GDP and their GDP when they joined the EU. As for all instead of Greece, their money increased, but Greece decreased. Even though joining the EU may be a good advantage for a lot of money, it may be sometimes a bad idea, because, for instance, Greece started off with about 35 trillion dollars for their GDP per capita in 2010, but after they joined, their GDP went lower to 25 trillion dollars (Document B). If you now look at Poland, it’s not a strong country.
Thus, the heartland-hinterland concept distinguishes raw-material and staple-producing hinterlands from the capital service industrial heartland and reveals the metropolis or dominating city of the system. At a national scale, the Canadian metropolis is Toronto, and the region with the most influence is the Great Lakes-St. Lawrence Lowlands. But while immense influence radiates outward from the metropolis located in the heartland, the relationship between hinterland and heartland is one of intimate mutual dependency. In modern Canadian economics, neither region can exist without each other, and the well-being of one directly affects the other. These two regions show remarkable contrasts, yet they are to a large extent interdependent on each other, clearly suggesting that the heartland-hinterland distinction is quite relevant in terms of Canada's economic geography.
During the course of this paper, we hope to give the reader a better understanding of the economic forces at play that influence this Nation's GDP, in therefore its economic health.
Silva, Julie A. and Robin M. Leichenko. Economic Geography. Vol. 80, No. 3 (Jul., 2004), pp. 261-
Every year there is a ‘league table‘ published showing the level of economic growth achieved by each country. The comparison is made using each countries Gross Domestic Product, or GDP. An important factor to look at is the difference between actual and potential economic growth. Actual economic growth increases in real GDP. This increase can occur as result of using previously unemployed resources, or reallocating resources into more productive areas or improving existing resources. Whereas potential economic growth is the productive capacity of the economy. For example, it can be shown by the predicted ability of the country to produce goods and services. This changes when there is an increase in the quantity or quality of the resources. All countries have different ways of achieving this with the resources they have available to them. For this reason it party answers the question of why some countries are richer than others. It is widely thought that the productive capacity of an economy will increase each year largely due to improvements in education and technology. This will obviously differ from country to country. For example, in the UK the quality of fertilizer could be improved, hence forth increase the years fruit and vegetable output.
Chaffey, J. (1994). The challenge of urbanisation. In M. Naish & S. Warn (Eds.), Core geography (pp. 138-146). London: Longman.
The European Union members speak together with one voice on such matter as energy and pollution and the research budget for the community is so great that it will lead to great advancements in technology.
Toyota can make positive contribution to French economy by supplying capital, technology, and management resources that would otherwise not be available and thus boost French?fs economic growth rate.
France is a world leader in global markets. The economy is strong and is placed in the top ten in the world, according to its Gross Domestic Product (GDP) of $2.66 trillion in 2009 (US Department of State, 2010). France is the largest agriculture producer in Western Europe, producing twenty-five percent of European Union’s products. France is a large exporter (Economy Watch, 2009), one of the largest in the world, exporting, machinery, aircraft parts, pharmaceutical projects, and beverages. France ranks fifth in the world for imports (Economy Watch, 2009), importing goods such as machinery, crude oil, vehicles, and chemicals. Although France is successful to assist its economy with imports and exports, tourism is a large factor in calculating its GDP, “with over 82 million tourists visiting the country” (Economy Watch, 2009).
The methodology replicates the strategy adopted by Aggarwal (2004) and applies it to the cases of the US and EU. The empirical model is the following:
Have you ever wondered how a nation’s wealth is measured? How do economists, politicians, and governments know if their economies are improving or decreasing? One method macroeconomists use to measure a countries economy is called measuring the Gross Domestic Product (GDP). According to Mankiw 2015, a GDP is the “market value of all final goods and services produced within a country in a given time period” (p. 198). What are the components of GDP and how GDP is measured will be the discussion of this essay.
Regional development is essential to overcome the social evils related to the localization of industries in developed areas alone, which results in overcrowding, noise and congestion. These adversely affect the health and efficiency of inhabitants.
The objective of this paper is to make an economic development and economic growth comparison of these four countries. The comparison will be multi-faceted. It will compare monetary perform...
Global cities are cities with substantial economic power, controlling the concentration and accumulation of capital and global investments. Despite this, global cities are the sites of increasing disparities in occupation and income. This is as a result of large in-migration and growing income inequality together with capacity and resource constraints, and inadequate Government policies.