  Inflation expectations, as measured by the five-year inflation-linked swap rate, declined to a historic low of 1.37%, compared with 1.7% just prior to the start of the PSPP.
Through the services that international companies locate in these centres, companies are able to offer products and services to the global market more cost effectively than they would otherwise be able to do. It is because of this economic reason that the foremost centres have proven so resilient, in the face of repeated waves of misrepresentation.