Flat White Economy: How the Digital Economy is Transforming London & Other Cities of the Future

A topical account of the “flat white” sector, named for the coffee popular with young workers of media, tech, and creative industries, which has been a key contributor to London’s employment growth since the near collapse in 2009, thus becoming a model for digital cities around the world.
Since the financial collapse, the ‘Flat White Economy’ has spawned four times as many jobs than London lost in the crisis. London is now growing one and a half times faster than Hong Kong as a result. Leading economist Douglas McWilliams describes how this meteoric success, named after its favorite coffee and centered on East London, has swapped the city’s champagne and supercars lifestyle for bicycles and boho flats and has become the prototype for digital cities that will change both the rest of the UK and other parts of the world as well. The book shows how these developments have had a massive economic impact, and affect politics and lifestyles. It addresses the impact of the FWE on North South divide in the UK and its equivalents in other parts of the world. And controversially it also shows how a driving force behind this new economy is immigration and the creativity that is generated when talented people of different backgrounds and mindsets end up working together.

1121501572
Flat White Economy: How the Digital Economy is Transforming London & Other Cities of the Future

A topical account of the “flat white” sector, named for the coffee popular with young workers of media, tech, and creative industries, which has been a key contributor to London’s employment growth since the near collapse in 2009, thus becoming a model for digital cities around the world.
Since the financial collapse, the ‘Flat White Economy’ has spawned four times as many jobs than London lost in the crisis. London is now growing one and a half times faster than Hong Kong as a result. Leading economist Douglas McWilliams describes how this meteoric success, named after its favorite coffee and centered on East London, has swapped the city’s champagne and supercars lifestyle for bicycles and boho flats and has become the prototype for digital cities that will change both the rest of the UK and other parts of the world as well. The book shows how these developments have had a massive economic impact, and affect politics and lifestyles. It addresses the impact of the FWE on North South divide in the UK and its equivalents in other parts of the world. And controversially it also shows how a driving force behind this new economy is immigration and the creativity that is generated when talented people of different backgrounds and mindsets end up working together.

16.95 Out Of Stock
Flat White Economy: How the Digital Economy is Transforming London & Other Cities of the Future

Flat White Economy: How the Digital Economy is Transforming London & Other Cities of the Future

by Douglas McWilliams
Flat White Economy: How the Digital Economy is Transforming London & Other Cities of the Future

Flat White Economy: How the Digital Economy is Transforming London & Other Cities of the Future

by Douglas McWilliams

Paperback

$16.95 
  • SHIP THIS ITEM
    Temporarily Out of Stock Online
  • PICK UP IN STORE

    Your local store may have stock of this item.

Related collections and offers


Overview

A topical account of the “flat white” sector, named for the coffee popular with young workers of media, tech, and creative industries, which has been a key contributor to London’s employment growth since the near collapse in 2009, thus becoming a model for digital cities around the world.
Since the financial collapse, the ‘Flat White Economy’ has spawned four times as many jobs than London lost in the crisis. London is now growing one and a half times faster than Hong Kong as a result. Leading economist Douglas McWilliams describes how this meteoric success, named after its favorite coffee and centered on East London, has swapped the city’s champagne and supercars lifestyle for bicycles and boho flats and has become the prototype for digital cities that will change both the rest of the UK and other parts of the world as well. The book shows how these developments have had a massive economic impact, and affect politics and lifestyles. It addresses the impact of the FWE on North South divide in the UK and its equivalents in other parts of the world. And controversially it also shows how a driving force behind this new economy is immigration and the creativity that is generated when talented people of different backgrounds and mindsets end up working together.


Product Details

ISBN-13: 9781468312041
Publisher: The Overlook Press
Publication date: 11/24/2015
Pages: 208
Product dimensions: 5.36(w) x 7.96(h) x 0.56(d)

About the Author

Douglas McWilliamsis Executive Chairman of the Centre for Economics and Business Research, one of the UK’s leading specialist economics consultancies, and one of the most highly respected sources of business advice and research. His career has focused on making economics relevant to commerce, first as Chief Economic Adviser to the Confederation of British Industry, then as Chief Economist for IBM UK. In 2012 he was chosen from over 300 applicants to become the Gresham Professor of Commerce at Gresham College.

Table of Contents

Foreword 11

Prologue: Introducing the Flat White Economy 15

Chapter 1 How the Flat White Economy saved London: How London rebounded after the financial crisis of 2007/8 thanks to the new digital economy and the jobs it created 21

Chapter 2 Why the Flat White Economy came to London: What factors made East London the new nexus of the digital economy 33

Chapter 3 What is the Flat White Economy and where is it based? How a mix of media, marketing, IT, communications, finance and cultural industries makes up the Flat White Economy. And where it is located 45

Chapter 4 Flat White Lifestyles: Flat White Lifestyles and their impact on consumption and local environments 53

Chapter 5 Copying the Flat White Economy: Can the Flat White Economy be replicated elsewhere in the UK? Lessons from North America 69

Chapter 6 The UK's unbalanced economy: Why the UK's economy has become so extraordinarily based on one city. How should politicians react? 97

Chapter 7 Immigration - the UK's secret economic weapon: How immigration is driving the Flat White Economy in particular and the UK more generally 125

Chapter 8 The UK Economy - the Flat White Effect: Why the extent of the Flat White Economy is underestimated and why it will be even more important for the future than now 151

Chapter 9 The Future of the Flat White Economy: How far the Flat White trend will develop in London and the rest of the world 169

Notes 187

Index 201

From the B&N Reads Blog

Customer Reviews