ABSTRACT
The very nature of this study presupposes a view about the future economic structure of the City. For this purpose it may be useful to compare the City to a small country. Its various enterprises sell goods and services within its ‘frontier’ to households in the area and to private persons visiting it. They also sell goods and services to households ‘abroad’, both within the rest of the U.K. and overseas, as well as to central and local government inside and outside the City. They not only sell goods and services to households as ‘final purchases’, but also to other industries in the widest sense of that term, again within and beyond the ‘frontier’.
