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Economy[edit]
The Lisbon region is the wealthiest region in Portugal and is considered an economic mega-region. It is well above the European Union's GDP per capita average – it produces 45% of the Portuguese GDP. Lisbon's economy is based primarily on the tertiary sector. Most of the headquarters of multinationals operating in Portugal are concentrated in the Grande Lisboa Subregion, specially in the Oeiras municipality. The Lisbon Metropolitan Area is heavily industrialized, especially the south bank of the Tagus river (Rio Tejo), which alone brings in 38.6% of Portugal's GDP.

The Lisbon region is rapidly growing, with GDP (PPP) per capita calculated for each year as follows: €22,745 (2004)[77] – €23,816 (2005)[78] – €25,200 (2006)[79] – €26,100 (2007).[80] The Lisbon metropolitan area had a GDP amounting to $96.3 billion, and $32,434 per capita.[81]

'''During the Lisbon summit (or 'dot com Summit') in 2002, the topic of the 'European Social Model' was first discussed. This economic model is one of the first knowledge-based economies to be presented to the European Union. Lisbon has been a center for summits focused on European economic growth due to its progressive and strong economy.''' In 2016, Lisbon became the permanent host city of the Web Summit, the world's largest tech conference.

'''Being a port city contributes hugely to its large economy due to ports being the most commonly used form of transport to facilitate international trade. In addition, ports attract more tourist activities, such as restaurants on the water, hotels and shopping centers. A recent study done in 2018 on the economic impact of ports in Lisbon showed that the Port of Lisbon brings in approximately 5% of Gross National Product and 7% of Gross Value Added in the region.'''

The country's chief seaport, featuring one of the largest and most sophisticated regional markets on the Iberian Peninsula, Lisbon and its heavily populated surroundings are also developing as an important financial centre and a dynamic technological hub. Automobile manufacturers have erected factories in the suburbs, for example, AutoEuropa.

Lisbon has the largest and most developed mass media sector of Portugal, and is home to several related companies ranging from leading television networks and radio stations to major newspapers. '''The concentration of media in Lisbon is a substantial contributor to the economy. A study done in 2000, showed that in 1997, media-related jobs in Lisbon accounted for 76.6% of all media-related jobs in Portugal and 43.1% of total employment in Portugal.'''

The Caixa Geral de Depósitos is Portugal's largest bank. '''CGD is publicly owned and is still the most efficient bank in Portugal, having a cost-to-income ration of 54%. As well as having relationships with large Portuguese companies such as, Portugal Telecom and Electricidade de Portugal. CGD also has 260 branches that are located internationally.'''

The Euronext Lisbon stock exchange, part of the pan-European Euronext system together with the stock exchanges of Amsterdam, Brussels and Paris, is tied with the New York Stock Exchange since 2007, forming the multinational NYSE Euronext group of stock exchanges.

Lisbonite industry has very large sectors in oil, as refineries are found just across the Tagus, textile mills, shipyards and fishing.

During the 19th century, gas production industries in cities showed a progression of modernity which prompted the City Council in Lisbon to invest in gas production within Lisbon. '''In 1850, the first Lisbon gas plant was built on the Tagus river so that water supply would not be an issue, after which gas consumption by the population of Lisbon skyrocketed. This also contributed to the construction of residential areas and suburbs.'''

'''Lisbon has a booming tourist industry that strives to accommodate outsiders. In 2017, Portugal was named the most popular tourist stop by the World Travel Awards , which has impacted Portugal's economy as a whole and Lisbon's as well since it is one of Portugal's larger and more attractive cities. This attraction comes from Lisbon's abundance of culture and history which captures the attention of foreigners. It also has easy transportation and tourist packages that include cheap entry into museums and discounted transportation fare. The growth in the Lisbon tourist industry has contributed to the decline of unemployment.'''

Before Portugal's sovereign debt crisis and an EU-IMF rescue plan, for the decade of 2010 Lisbon was expecting to receive many state funded investments, including building a new airport, a new bridge, an expansion of 30 km (18.64 mi) underground, the construction of a mega-hospital (or central hospital), the creation of two lines of a TGV to join Madrid, Porto, Vigo and the rest of Europe, the restoration of the main part of the town (between the Marquês de Pombal roundabout and Terreiro do Paço), the creation of a large number of bike lanes, as well as modernization and renovation of various facilities.[82]

'''After the debt crisis, Lisbon revived itself, so much so that politicians and economists have thought to apply the Portuguese model to other economies. Unemployment has stayed below 10% and the economy is booming.'''

Lisbon was the 18th most "livable city" in the world in 2015 according to lifestyle magazine Monocle.[83]

Music Industry in Stockholm
Stockholm's booming music industry has not only created an environment of creativity and diversity, as well as contributing to fun leisure activities, but it also brings in economic revenue for Sweden. Stockholm's rich past of producing talented artists has given their music industry stability through the years, even with the decline of vinyl sales and the replacement of CD's with streaming devices. Sweden remains "the 3rd largest exporter of music in the world" and 75% of Swedish music production and creation comes out of Stockholm. With the music industry being an extremely competitive global market, Stockholm is known for being a serious competitor and they are paving the way for popular music production. This has attracted artists and firms from all over the world to create music here. Having over 200 record labels and 70 production firms, the music industry in Stockholm brings in half of national GDP. This high financial profit has brought on the decision of international firms to invest in bringing their companies to Stockholm.

Some of the most successful producing studios in Stockholm are Maratone Studios, Murlyn Music Group, BMG: The New Music Company and several others including a branch of Universal Music Group and Sony Music.

Popular music genres that Stockholm is producing include; pop music, rock and electronic dance music, with hip-hop, rap and R&B on the rise.

The youth community in Stockholm supports the continuing rise in the music industry, with a study showing that 95% of youth ages 12-24 are listening to music and supporting artists. Younger populations are more willing to buy music and artist merchandise, along with paying for music events, which contributes to the massive music scene in Stockholm. While the attendance of Music Festivals have declined over the years, Stockholm still hosts several music festivals year round, including the Stockholm Jazz Festival which is the oldest in Sweden.

Stockholm Music Week, which took place November 12-16, 2000, was a week in which Stockholm showed new and established artists through performances around the city. This brought attention from around the world and created a new way to commercialize music.

As well, the music industry brings technological advancement, as we have seen through the development of music streaming instead of listening to music through physical devices, and through the creation of music soft-ware and hard-ware, as well as, the development of commercialization and distribution. Stockholm's music industry is more than outputting songs and albums, it is a heartland of music innovation, including marketing and mixing services. Spotify, a popular music streaming device, was founded by Daniel Ek and Martin Lorentzon in Sweden. What separates Spotify from other music streaming services is the ability to interact with the listener, which includes streaming and data tracking that contributes to personalized playlists, in addition to end of the year summaries of one's listening history. These features have made it's popularity grow exponentially.

Stockholm's rich creative class can be attributed to its diverse environment; Sweden's relaxed immigration laws help to integrate and diversify communities. Studies have shown that one of the main reasons people migrate is for work; Stockholm's abundance of jobs in the creativity field has been a huge attraction for people all around the world, from migrants to refugees. The tolerance and openness of Stockholm attracts foreigners and makes people from all around the world feel safe and welcome. Stockholm's tolerance is seen in music teacher's awareness of multiculturalism, specifically at schools with dense diversity; Music teachers in Stockholm have seen their role as creating a space for all students, regardless of their ethnicity, that is safe and has an open flow of creativity.

Music has also been embraced within the school systems, and music is now a commonly taught subject at all levels. The prominent music culture along with the several music schools in Stockholm has furthered music education among preschools, so that children at an early age are being exposed to a strong aspect of the culture.