Glasgow: a city of change

Article Abstract:

Glasgow is acknowledged as having changed from a run-down city dependent on shipbuilding and other heavy industries to an example of a modern city housing many service industries. Parts of the city's housing stock is still in need of improvement, particularly the large estates in the city suburbs. It is a city with social problems, having suffered large losses of population and high unemployment. Glasgow now has its own development agency to oversee its economic and social changes.

Buildings and facilities, Glasgow, Scotland

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Green light for Motorcycle City

Article Abstract:

The management buyout team of UK-based motorbike retailer Motorcycle City raised funds from the Royal Bank of Scotland and underwriters Electra Fleming when the transaction took place in 1998. The market for motorcycles increased by more than 30% during 1997, with the main demand coming from older businessman who have the money to spend on expensive machines. Motorcycle City has an annual turnover of 60 million pounds sterling in 1998, with demand set to continue rising.

Motorcycle dealers, Finance, Motorcycle industry, Motorcycle City

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The privatization program of the city of St. Petersburg

Article Abstract:

The city government of St. Petersburg, Russia, owns over 15,000 business enterprises ranging from small retail operations to industrial concerns. Local government authorities, on the advice of the European Bank for Reconstruction and Development, have selected several of these firms for an experimental privatization program. The lessons learned from the program were described and analyzed.

Case studies, Economic policy, Privatization, Privatization (Business), Saint Petersburg, Russia, St. Petersburg, Russia

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