The historic centre of Edinburgh is divided in two by the broad greenswath of Princess Street Gardens. On South the view is dominated bythe Castle, perched atop the extinct volcanic crag, and to the north liesPrincess Street and the New Town.Both districts were listed as a UNESCO World Heritage Site in 1995. The Old Town has preserved its medieval plan as many Reformation-era buildings, and in 1766 a competition to design the New Town waswon by James Craig, a 22-year-old architect. The plan that was builtcreated a rigid, ordered grid, which fitted well with enlightenment ideasof rationality. Today the New Town is considered by many to be one of the finestexamples of Georgian architecture and planning in the world.
With the strongest economy of any city in the UK outside London andbeen recently announced as one of the fastest growing city regions inEurope, the strength of Edinburgh's economy is reflected by its GDPper capita, which was measured at £27,600 in 2004.Largely based around the services sector:
are the mainareas of activity.Unemployment in Edinburgh is low at 2.2%, which has beenconsistently below the Scottish average.
Edinburgh, declared the first UNESCO City of Literature, has a longliterary tradition, going back to the Scottish Enlightenment, culturalmovement which produced influential personalities as the philosopherDavid Hume and the pioneer of economics, Adam Smith.Home for many libraries, museums and art galleries and well-knownfor the Edinburgh Festival, a collection of official and independentfestivals held annually over about four weeks from early August,helping to attract to the city around 13 million visitors a year.