London Docklands - Decline and Re-Generation.

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Alex Calloway                                                November 03

London Docklands – Decline and Re-Generation

The docklands decline was a process of cumulative negative causation as surmised earlier; the economy was shattered by the closure of the docks. The population fell by 20% between 1971 and 1981, during which time, the unemployment rate was as much as 17.8%. 10,000 jobs had been lost in total, and 60% of the area was derelict; a horrendous situation. In the face of such severe economic and social problems, the then conservative Government set up a group to supervise and formulate a plan to regenerate the Docklands, named the "London Docklands Development Corporation" - LDDC, established in 1981.

        The stated aim was "…to correct market failures and to create the circumstances and in particular transport infrastructure in which private investment would fund the economic regeneration of London Docklands, while at the same time to improve the social infrastructure and public amenities from their low base". In essence, to drag the Docklands out from the poor state of unemployment and poverty and decline.

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        The process of regeneration consisted of a group of categories for improvement.  The first category of change was transport; the LDDC spent almost half of its investment budget (of 1.8 billion) on improving the infrastructure of the Docklands. Carrying more than 80,000 passengers daily, the Docklands Light Railway – DLR - is the main feature of the improved transport plan, costing £734, and a future expansion has been planned. This railway serves as an extension to the tube and is heavily used by commuters to the major new office development on the Docklands from homes in central London, or the ...

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