1、 International talent and economic growth:Global competition andemerging trends Contents Foreword Introduction 2 Executive summary:positioning the UK for strategic growth 3 At a glance:a new global talent competitiveness 4 Approaches to economic productivity and global talent 5 Understanding global

2、talent productivity in the City of London 10 Evolving global trends and competitor benchmarking 14 Taking stock:the UKs growth strategy and global talent needs 25 Recommendations to enhance UK competitiveness 27 Closing 29 Appendix 1:Defining economic productivity 30 Appendix 2:Summary of the UKs te

3、ch strategy 31 Glossary 33 Bibliography 36 References 39 Acknowledgements 43 1.2.3.4.5.6.7.8.9.INTERNATIONAL TALENT AND ECONOMIC GROWTH:GLOBAL COMPETITION AND EMERGING TRENDS|Chris Hayward Policy Chairman City of London Corporation 1 INTERNATIONAL TALENT AND ECONOMIC GROWTH:GLOBAL COMPETITION AND EM

4、ERGING TRENDS|Foreword The UK financial services industry is world-leading and globally respected.But in a challenging global environment,and with competition from other financial centres intensifying,we need to collectively ensure its long-term success.The UK has long been renowned as one of the wo

5、rlds leading financial centres,attracting businesses and workers alike with a mix of unique strengths,not the least of which is its access to deep pools of highly skilled and talented workers.Skilled,multinational and multilingual workers are key to the success of the industry:within financial and p

6、rofessional services,42%of City workers areinternational.The benefits that the UK gains from being a leading financial centre are immense:the industry produced 278bn in economic output,contributed nearly 100bn in taxes,and employs 2.4 million people,two-thirds outside London.The industry is also an