Northwest: A Real Global Player

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Northwest A Real Global Player?

• Hui Liu
• Hua Su

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Purposes and Objectives

• The Regional Economic Strategy (RES)
• What is the Globalisation Index about how
  international NW really is
• Overall objectives
• How does the Northwests inward investment
  performance compare with other regions in the UK?
• How does the Northwests export performance
  compare?
• How many people move through the regions ports
  and airports?
• Where do we perform well/poorly?

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How we measure?

• Established Globalisation Index(A.T.
  Kearney)
• Economic Integration
• Personal Contact
• Political Engagement
• Technological Connectivity
• Themes to use
• Economic (Yes)
• Personal (Yes - including Tourism)
• Political (No - Ethnicity Migration)
• Technology (No-Innovation)

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The Global Top 10
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Chosen indices
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GI rank of English Regions
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Highlights-A striking finding
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An increase of inward investment projects but a
downward trend of associated jobs during
03/04-05/06
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Highlights
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Highlights
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Highlights
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Conclusions

• Overall performance
• An improved ranking 5th 4th
• Significantly exceeded the average level of
  England (excluding London and SE)
• The strongest player in the North England
• Where do we perform well?
• Particularly strong at the area of Ethnicity
  Migration
• No. of inter-national migration inflow 3rd
• Graduate retention rate 2nd
• Across all the indices, strong performance in
  some areas

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Conclusions

• Where do we perform poorly
• Relatively weak in overall innovation,
  particularly patenting performance is
  unsatisfactory
• Still have room to improve the theme of Travel
  Tourism
• Potential areas
• No. of RD FDI projects
• No. of Headquarters with international subsidies
• No. of flight/international destinations
• No. of NW students who study abroad
• Infrastructure for business links
• Comparison NW and some European countries/
  regions