Toulouse Economy
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Toulouse is a city known for its great deal of involvement in the aerospace industry.[1] It is located in Aerospace Valley, an economic region of southwestern France, where approximately one third of the aerospace industry is located.[2] Toulouse is also the fourth largest metropolitan location in France.[3] The city recorded a 31.6 percent increase in GDP per capita between 2003 and 2013, greater than any big city in the country.[4] The average GDP growth rate for Toulouse is 2.29% with an average GDP of 47.32 billion euros annually.[5]
Jobs
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Airbus
editAirbus, one of the world's largest commercial airline manufacturers, has its headquarters in Toulouse. Airbus is also one of the largest employers in Toulouse, with 21,000 employees.[6] Approximately 9% of the population has a job that is directly, indirectly or induced from Airbus having its main headquarters there located there.[7]
Airbus accounts for roughly 50% of French exports in the aeronautical sector. [8]
Chemical Plant Explosion
editIn September 2001 there was a chemical plant explosion that killed 29 people and severely injured 34. This plant is no longer running and it had hundreds of employees.[9] The "economic consequences" index was scored a level “6” due to the extensive property damage and production losses for the plant operator, neighboring plants, retails and individuals, cost of clean-up and rehabilitation measures of the area (total cost estimated above 2 billions euros).[10] The European Scale of industrial Accidents has 18 parameters of how an accident can be measured.[11]
Startups
editToulouse currently has 89 startup companies with 3,118 investors.[12]
Transportation
editThe Canal Midi
editThe Midi Canal was built in the 17th century. This quickly turned Toulouse into a city where trade was prominent as it connected the Mediterranean directly to the Atlantic bypassing the Spanish controlled Strait of Gilbraltar.[13][14] The canal carried approximately 11,000 metric tons of cargo per year along with millions of passengers until 1857 and the Bordeaux to Sète railway line was opened.[15] The canal was named a UNESCO world heritage site in in 1996.[16]
In June 2017 HTT signed a contract with the City of Toulouse to open a new facility there in which they can test new aerospace technology.[17] Toulouse will have the first high speed transportation capsule in the world which is expected to help grow Toulouse and the surrounding regions.[18][19]
Tisséo
editThe Tisséo is the public transportation system in Toulouse. They have two metro lines, 2 tram lines, 84 bus services, 9 on-demand services and serves over 80 communes.[20]
Education
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Toulouse School of Economics (TSE)
editToulouse School of Economics is currently the 10th highest ranked university to study economics in the world.[21] In 2014 the chair of the Jean-Jacques Laffont - Toulouse School of Economics Foundation, Jean Tirole, won a Nobel prize for the accomplishments of the school in the short amount of time it has been around.[22] TSE celebrated its tenth anniversary in 2017.[23]
Continuing Education
editToulouse is also home to 15 colleges and universities which have options from Bachelor programs to Doctorate degrees.[24]
References
edit- ^ "Contact us". Airbus. Retrieved 2018-03-14.
- ^ "France's Aerospace Valley - Aerospace Manufacturing and Design". Aerospace Manufacturing and Design. Retrieved 2018-03-16.
- ^ "Toulouse Population 2018 (Demographics, Maps, Graphs)". worldpopulationreview.com. Retrieved 2018-03-16.
- ^ "Toulouse proves a winner as France's city on the rise". 2016-10-03. Retrieved 2018-03-14.
- ^ *Coburn, A.W.; Evan, T.; Foulser-Piggott, R.; Kelly, S.; Ralph, D.; Ruffle, S.J. "Toulouse City Risk Fact Sheet". Retrieved 14 March 2018.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ "Why Toulouse is THE place to be in France right now". 2017-01-03. Retrieved 2018-03-13.
- ^ "Impact of Airbus in Toulouse employment". The Blog by Javier. 2011-02-03. Retrieved 2018-03-13.
- ^ "The aeronautical industry: France's main export asset. | The TBS Research Centre Blog". www.tbsearch.fr. Retrieved 2018-03-13.
- ^ Arens, Marianne. "Chemical explosion in Toulouse, France leaves at least 29 dead". Retrieved 2018-03-13.
- ^ "Explosion in the AZF fertilizer plant" (PDF). Page 7. July 2013. Retrieved 13 March 2018.
{{cite web}}: CS1 maint: others (link) - ^ "European Scale of Industrial Accidents" (PDF). Retrieved 15 March 2018.
- ^ "Toulouse Startups". AngelList. Retrieved 2018-03-13.
- ^ "Midi Canal | canal, France". Encyclopedia Britannica. Retrieved 2018-03-16.
- ^ Editors, France Today (2006-05-18). "History of the Canal du Midi". France Today. Retrieved 2018-03-22.
{{cite news}}:|last=has generic name (help) - ^ Samuel, Henry (2011-07-26). "Canal du Midi: history of the 17th century engineering marvel". Daily Telegraph. ISSN 0307-1235. Retrieved 2018-03-22.
- ^ Centre, UNESCO World Heritage. "Canal du Midi". whc.unesco.org. Retrieved 2018-03-16.
- ^ Inc., Hyperloop Transportation Technologies. "Toulouse Welcomes Hyperloop Transportation Technologies to Europe's Aerospace Valley With New Facilities". www.prnewswire.com. Retrieved 2018-03-16.
{{cite web}}:|last=has generic name (help) - ^ Kite-Powell, Jennifer. "Construction On The First Hyperloop Passenger Capsule Begins In France". Forbes. Retrieved 2018-03-16.
- ^ "Hyperloop Transportation Technologies to open up facility in Toulouse, France – TechCrunch". techcrunch.com. Retrieved 2018-03-22.
- ^ "Home | Tisséo". www.tisseo.fr. Retrieved 2018-03-16.
- ^ zimmermann@stlouisfed.org. "Economics rankings: Economics Departments | IDEAS/RePEc". ideas.repec.org. Retrieved 2018-03-14.
- ^ "Jean Tirole". TSE. 2014-06-17. Retrieved 2018-03-16.
- ^ "Living economics". TSE. 2017-07-10. Retrieved 2018-03-16.
- ^ UniPage. "Universities in Toulouse - List of Toulouse colleges and institutes". www.unipage.net. Retrieved 2018-03-14.