The Economic Legacy, 1979-92

The Economic Legacy, 1979-92

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More than 30 leading experts from the fields of economics and economic forecasting, industrial relations, geography, urban studies, social and political science, development studies, and law evalute the economic legacy of the 1979-1992 Conservative governments - the end of Britain's relative economic decline or a wasted decade? - and analyze the prospects and possibilities facing the British economy in the 1990s and beyond. Contributions inlcude an overview of the 1979-1992 record from Brian Reddaway; issues of trade, aid and debt are analyzed by John Toye; the performance of the advanced capitalist countries is considered by Andrew Glyn; and Jerry Coakley and Lawrence Harris discuss the Thatcher governments' attempts to change the role of finance in the company.
Simon Deakin argues that policies of deregulation undermine improvements in productivity; Jonathan Michie and Frank Wilkinson suggest that an inflationary legacy has been left by potential catch-up pressures from thos who lost out; Brendan Buchell reports that psychological health was undermined by the insecurity fostered during the 1980s; and Jane Humphries and Jull Rubery suggest that in analyzing employment experience the categories of class and gender still matter.
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Product details

  • Hardback | 320 pages
  • 137.16 x 218.44 x 25.4mm | 521.63g
  • Academic Press Inc
  • San Diego, United States
  • 0124940609
  • 9780124940604

Table of contents

Part 1 The global context: Britain, the United States and the world debt crisis, John Toye; comment - the politics of growth, Ajit Singh; financial globalization and deregulation, Jerry Coakley and Lawrence Harris; comment - UK monetary policy in the 1980s, Mica Panic; does Britain's balance of payments matter any more?, Ken Coutts and Wynne Godley; comment - the re-emergence of the balance of payments constraint, J.S.L. McCrombie and A.P. Thirlwall. Part 2 Governmental policy and structural change: the "Productivity Miracle", profits and investment, Andrew Glyn; comment - Ciaran Driver; Thatcherism and the UK defence industry, Paul Dunne and Ron Smith; comment - conversion and economic restructuring, John Lovering; taking on the inner cities, Barry Moore; comment - the legacy of the inner cities, Ian Begg; the regional legacy, Ron Martin and Peter Tyler; comment - market failure in the regions, Michael Chisholm. Part 3 The changing labour market: labour law and industrial relations, Simon Deakin; comment - collective rights, William Brown; inflation policy and the restructuring of labour markets, Jonathan Michie and Frank Wilkinson; comment - demoralization and mobilization, Roger Tarling; changes in the labour market and psychological health of the nation, Brendan Burchell; comment - public welfare, Ray Jobling; women and the labour market, Jane Humphries and Jill Rubery; comment - cause of optimism, Francis Green. Part 4 The economic and political legacy: government expenditure and taxation in the Thatcher era, Bob Rawthorn; comment - government policy and company profitability, Paul Ormerod; big business, small business and the "enterprise" culture, Alan Hughes; comment - enterprise culture - two visions, Michael H. Best; industrial prospects in the light of privatization, Ben Fine and Clara Poletti; comment - the industrial policy legacy, Malcolm Sawyer; the legacy for labour, John Eatwell; comment; - an agenda for the 1990s, Will Hutton.
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