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Seeking a Premier Economy

Seeking a Premier Economy PDF Author: David Card
Publisher: University of Chicago Press
ISBN: 0226092909
Category : Business & Economics
Languages : en
Pages : 521

Book Description
In the 1980s and 1990s successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors. Today, the United Kingdom is one of the least regulated economies in the world, marked by transformed welfare and industrial relations systems and broad privatization. Virtually every industry and government program has been affected by the reforms, from hospitals and schools to labor unions and jobless benefit programs. Seeking a Premier Economy focuses on the labor and product market reforms that directly impacted productivity, employment, and inequality. The questions asked are provocative: How did the United Kingdom manage to stave off falling earnings for lower paid workers? What role did the reforms play in rising income inequality and trends in poverty? At the same time, what reforms also contributed to reduced unemployment and the accelerated growth of real wages? The comparative microeconomic approach of this book yields the most credible evaluation possible, focusing on closely associated outcomes of particular reforms for individuals, firms, and sectors.

Seeking a Premier Economy

Seeking a Premier Economy PDF Author: David Card
Publisher: University of Chicago Press
ISBN: 0226092909
Category : Business & Economics
Languages : en
Pages : 521

Book Description
In the 1980s and 1990s successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors. Today, the United Kingdom is one of the least regulated economies in the world, marked by transformed welfare and industrial relations systems and broad privatization. Virtually every industry and government program has been affected by the reforms, from hospitals and schools to labor unions and jobless benefit programs. Seeking a Premier Economy focuses on the labor and product market reforms that directly impacted productivity, employment, and inequality. The questions asked are provocative: How did the United Kingdom manage to stave off falling earnings for lower paid workers? What role did the reforms play in rising income inequality and trends in poverty? At the same time, what reforms also contributed to reduced unemployment and the accelerated growth of real wages? The comparative microeconomic approach of this book yields the most credible evaluation possible, focusing on closely associated outcomes of particular reforms for individuals, firms, and sectors.

The Unbalanced Economy

The Unbalanced Economy PDF Author: Ciaran Driver
Publisher: Springer
ISBN: 1137271795
Category : Business & Economics
Languages : en
Pages : 211

Book Description
During the 1980s Britain became one of the world's most market-oriented economies, an approach which resulted in three severe recessions and a deepening degree of inequality. This book argues that a rebalancing of the economy will remain elusive until proactive policies are implemented at the corporate and industrial level.

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present PDF Author: Roderick Floud
Publisher: Cambridge University Press
ISBN: 1316061167
Category : Business & Economics
Languages : en
Pages : 607

Book Description
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.

Forging Ahead, Falling Behind and Fighting Back

Forging Ahead, Falling Behind and Fighting Back PDF Author: Nicholas Crafts
Publisher: Cambridge University Press
ISBN: 1108424406
Category : Business & Economics
Languages : en
Pages : 163

Book Description
Highlights the interactions between institutions and policy choices, as well as the importance of historical constraints on Britain's relative economic decline.

The Inflation-Targeting Debate

The Inflation-Targeting Debate PDF Author: Ben S. Bernanke
Publisher: University of Chicago Press
ISBN: 9780226044712
Category : Business & Economics
Languages : en
Pages : 482

Book Description
Inflation targeting is now a highly popular framework for the making of monetary policy. This volume addresses the many dimensions of inflation targeting that until now have been quietly set to one side while the focus has been on macroeconomic outcomes alone.

Business Regulation and Economic Performance

Business Regulation and Economic Performance PDF Author: Norman V. Loayza
Publisher: World Bank Publications
ISBN: 0821381458
Category : Business & Economics
Languages : en
Pages : 294

Book Description
The Schumpeterian process of 'creative destruction' is an essential ingredient of a dynamic economy. In many countries around the world, however, this process is weakened by pervasive regulation of product and factor markets. This book documents the regulatory obstacles faced by firms, particularly in developing countries, and assesses their implications for firm renewal and macroeconomic performance. Combining a variety of methodological approaches--analytical and empirical, micro and macroeconomic, single- and cross-country-- the book provides evidence that streamlining the regulatory framework would have a significant social pay-off, particularly in developing countries that are also burdened by weak governance. The book's chapters trace out analytically and empirically the links between microeconomic policies and distortions, on the one hand, and aggregate performance in terms of productivity, growth and volatility, on the other. The volume adds to a novel but increasingly influential literature that seeks to understand macroeconomic phenomena from a microeconomic perspective, and derive the relevant lessons for development policy. Such literature is still fairly scarce in the case of industrial countries, and virtually in its infancy for developing countries.

The Exceptional Manager

The Exceptional Manager PDF Author: Rick Delbridge
Publisher: Oxford University Press
ISBN: 0191558915
Category : Business & Economics
Languages : en
Pages :

Book Description
Most businesses face the choice of either competing on the 'low road' of cost, or the 'high road' of innovation and value. Much the same goes for national economies and the UK is no exception. But how do businesses - and the people who manage them - go beyond the policy prescription and the easy exhortation to make that shift, to manage change and go well beyond business as usual? This ground-breaking book - the combined insight of some of the best minds in management, grouped together in the Advanced Institute of Management Research - does just that. It presents a clear and crisp analysis of the context and the challenge; and offers managers a range of ideas on how to develop the competences, practices and values that can make a difference. It is essential reading for policy makers, analysts, academics, and managers to be who want to make a different future.

UK Economy

UK Economy PDF Author: Gabriele Giudice
Publisher: Routledge
ISBN: 9279197061
Category : Business & Economics
Languages : en
Pages : 251

Book Description
The UK economy is one of the most widely studied and monitored in the world. This book offers detailed analysis of and information on this major subject. Comprising an edited collection of papers presented to a European Commission seminar held in June 2010 to discuss prospects for the UK economy, the book includes chapters by some of the most prominent and respected commentators on the UK economy, including Christopher Pissarides, winner of the 2010 Nobel Prize for economics, Martin Weale, recently appointed to the Bank of England's Monetary Policy Committee and Dave Ramsden, Chief Economic Adviser to the Treasury. The chapters cover: fiscal policy and its impact on growth and wealth distribution monetary policy and the Bank of England's unprecedented stimulus programme a detailed decomposition of the sources of UK growth between 1973 and 2009 the structural excess of consumption that fuelled the UK's long boom the UK's labour market performance. The highly distinguished group of authors, coverage and analysis of issues central to recent UK economic history, along with the European Commission's assessment of UK economic prospects make this essential reading for economists, business and financial people, academics and students, as well for all those interested in the historical background of, and prospects for, the UK economy. Information in the chapters will be supplemented by a number of charts and tables offering information in graphic form.

The European Economy in an American Mirror

The European Economy in an American Mirror PDF Author: Barry Eichengreen
Publisher: Routledge
ISBN: 1135982473
Category : Business & Economics
Languages : en
Pages : 522

Book Description
Europe‘s economy is under strain due to lagging productivity growth, population ageing, the difficulties of adjustment in an enlarged European Union, and the challenges of globalization. In comparison with America, rates of growth of GDP per capita and labour productivity growth are anaemic, raising questions about the viability of a distinct Europ

The Palgrave Companion to Harvard Economics

The Palgrave Companion to Harvard Economics PDF Author: Robert A. Cord
Publisher: Springer Nature
ISBN: 303152053X
Category : Economics
Languages : en
Pages : 1152

Book Description
Harvard University has been and continues to be one of the most important global centres for economics. With three chapters on themes in Harvard economics and 41 chapters on the lives and work of Harvard economists, these two volumes show how economics became established at the University, how it produced some of the world’s best-known economists, including Joseph Schumpeter, Wassily Leontief and John Kenneth Galbraith, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, the volumes provide economists – especially those interested in macroeconomics and the history of economic thought – with an in-depth analysis of Harvard economics. Robert A. Cord holds a PhD from the University of Cambridge, and his areas of interest include the history of economic thought and, within this, the history of macroeconomics. His publications include Reinterpreting the Keynesian Revolution (2012), Milton Friedman: Contributions to Economics and Public Policy (co-editor; 2016) and The Palgrave Companion to Chicago Economics (editor; 2022).