Download or read book Macroeconomic Policy in Britain 1974 1987 written by Andrew J. Britton and published by Cambridge University Press. This book was released on 1994-09-29 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguing that there were important elements of continuity in the decisions of the Treasury and the Bank of England, this survey of macroeconomic policy in Britain contains a chronological account of policy actions that covers the most influential writings of economists during this period.
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book Postwar British Politics written by Peter Kerr and published by Routledge. This book was released on 2005-07-26 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a fresh view of postwar British politics, very much at odds to the dominant view in contemporary scholarship. The author argues that postwar British politics, up to and including the Blair Government, can be largely characterised in terms of continuity and a gradual evolution from a period of conflict over the primary aims of government strategy to one of recent relative consensus. This book provides a provocative and challenging account of the historical background to the election of the Blair Government and will be of interest to a wide audience.
Download or read book New Labour Old Labour written by Anthony Seldon and published by Psychology Press. This book was released on 2004 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, written by a distinguished selection of academics and commentators, provides the most detailed comparison yet of old and new Labour in power. I
Download or read book Policy Making in the Treasury written by M. Smith and published by Springer. This book was released on 2014-01-30 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going behind the doors of the Treasury and Number 10, this book explores why successive British Prime Ministers from Callaghan to Blair have been hesitant towards European Economic and Monetary Union. It uses official documents and interviews with former ministers to understand discussions that took place at the heart of government.
Download or read book Managing the Economy Managing the People written by Jim Tomlinson and published by Oxford University Press. This book was released on 2017-09-22 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study offers a distinctive new account of British economic life since the Second World War, focussing upon the ways in which successive governments, in seeking to manage the economy, have sought simultaneously to 'manage the people': to try and manage popular understanding of economic issues. In doing so, governments have sought not only to shape expectations for electoral purposes but to construct broader narratives about how 'the economy' should be understood. The starting point of this work is to ask why these goals have been focussed upon (and differentially over time), how they have been constructed to appeal to the population, and, insofar as this can be assessed, how far the population has accepted these narratives. The first half of the book analyses the development of the major narratives from the 1940s onwards, addressing the notion of 'austerity' and its particular meaning in the 1940s; the rise of a narrative of 'economic decline from the late 1950s, and the subsequent attempts to 'modernize' the economy; the attempts to 'roll back the state' from the 1970s; the impact of ideas of 'globalization' in the 1900s; and, finally, the way the crisis of 2008/9 onwards was constructed as a problem of 'debts and deficits'. The second part of the book focuses on four key issues in attempts to 'manage the people': productivity, the balance of payments, inflation, and unemployment. It shows how, in each case, governments sought to get the populace to understand these issues in a particular light, and shaped strategies to that end.
Download or read book Jimmy Carter s Economy written by W. Carl Biven and published by Univ of North Carolina Press. This book was released on 2003-10-16 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The massive inflation and oil crisis of the 1970s damaged Jimmy Carter's presidency. In Jimmy Carter's Economy, Carl Biven traces how the Carter administration developed and implemented economic policy amid multiple crises and explores how a combination of factors beyond the administration's control came to dictate a new paradigm of Democratic Party politics. Jimmy Carter inherited a deeply troubled economy. Inflation had been on the rise since the Johnson years, and the oil crisis Carter faced was the second oil price shock of the decade. In addition, a decline in worker productivity and a rise in competition from Germany and Japan compounded the nation's economic problems. The resulting anti-inflation policy that was forced on Carter included controlling public spending, limiting the expansion of the welfare state, and postponing popular tax cuts. Moreover, according to Biven, Carter argued that the ambitious policies of the Great Society were no longer possible in an age of limits and that the Democratic Party must by economic necessity become more centrist.
Download or read book A neoliberal revolution written by Hugh Pemberton and published by Manchester University Press. This book was released on 2024-07-09 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the Thatcher government’s attempt to revolutionise Britain’s pensions system in the 1980s and create a nation of risk-taking savers with an individual stake in capitalism. Drawing upon recently-released archival records, it shows how the ideas motivating these reforms journeyed from the writings of neoliberal intellectuals into government and became the centrepiece of a plan to abolish significant parts of the UK’s welfare state and replace these with privatised personal pensions. Revealing a government that veered between political caution and radicalism, the book explains why this revolution failed and charts the malign legacy left by the evolutionary changes that ministers salvaged from the wreckage of their reforms. The book contributes to understanding of policy change, Thatcherism, and international neoliberalism by showing how major reforms to social security could reflect neoliberal thought and yet profoundly disappoint their architects.
Download or read book 20th Century Britain written by Francesca Carneval and published by Routledge. This book was released on 2014-06-11 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by leading international scholars, Twentieth Century Britain investigates key moments, themes and identities in the past century. Engaging with cutting-edge research and debate, the essays in the volume combine discussion of the major issues currently preoccupying historians of the twentieth century with clear guidance on new directions in the theories and methodologies of modern British social, cultural and economic history. Divided into three, the first section of the book addresses key concepts historians use to think about the century, notably, class, gender and national identity. Organised chronologically, the book then explores topical thematic issues, such as multicultural Britain, religion and citizenship. Representing changes in the field, some chapters represent more recent fields of historical inquiry, such as modernity and sexuality.
Download or read book Inflation and Wage Behaviour in Europe written by Paul de Grauwe and published by Oxford University Press. This book was released on 1996 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Maastricht Treaty makes the convergence of inflation rates one of the preconditions of European Monetary Union (EMU). The purpose of this study is to shed light on the mechanism underlying the processes that lead to convergence or divergence in national inflation rates. It examinesinflation and wage bahaviour in the European Monetary System (EMS), their determinants, and their implications for the credibility and sustainability of the system's exchange rate mechanism (ERM). Although the focus is on the EMS period, eleven of the twelve studies also review the background of the1970s. The contributors examine issues of monetary control, stability of national and ERM-wide money-demand function, the monetary policy of Germany - the pivotal country in the EMS - and its influence on the stability of the system after the fall of the Berlin Wall. As well as explaining how theEMS worked, the book also offers reasons for its breakdown in 1992-3 under the blow of exogenous shocks and growing policy conflict between member countries.The study identifies several causes of inflation and persistent inflation differentials in the EMS. Among the 'real' causes, particular attention is devoted to sectoral productivity shocks. In some countries, import price shocks, exogenous wage pushes, taxes, and government expenditure are bound tobe important factors. Since theses kinds of shock hit the various economies of the region differently, inflation differntials can persist for several years. The different policies of governments and central banks, and the fact the monetary policies have not always been consistent with the long-runmaintenance of fixed exchange rates, have also played a considerable role in explaining the persistance of inflation differentials.
Download or read book International Bibliography of Economics written by British Library of Political and Economic Science and published by Psychology Press. This book was released on 1993 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt: IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
Download or read book Organizational Learning in the Global Context written by Michael Kenney and published by Routledge. This book was released on 2017-03-02 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational learning is an area of study that focuses on models and theories about the way an organization learns and adapts. This volume investigates how various global and regional intergovernmental organizations, states and national bureaucracies, as well as nongovernmental organizations, exploit experience and knowledge to change their understanding of the world, their policies and their behaviours. Drawing upon and synthesizing organizational, social and individual-level learning theories, the cases explicate various learning processes, learning by illicit actors, and deterrents to organizational learning. The twelve case studies of this volume consider organizational learning associated with multiple issue areas including the United States embargo against Cuba, food security in the European Union, the Russian energy sector, Colombian drug trafficking, terrorist groups, the Catholic Church, and foreign aid agencies. Based entirely on original research, the volume is relevant to international relations, comparative politics, organizational sociology and policy studies.
Download or read book Monetary Politics written by Thomas H. Oatley and published by University of Michigan Press. This book was released on 2010-05-25 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: A single currency--and the necessary prior condition of exchange rate cooperation and the stabilization of exchange rates--has been an elusive goal of many European leaders for more than twenty years. While much of the literature on exchange rate cooperation within the European Union focuses on the integration of national economies as the driving force, Thomas Oatley draws on public choice models to develop an explanation of exchange rate cooperation based on domestic politics. The author then tests hypotheses derived from this model in a detailed consideration of the various efforts to stabilize currencies since the 1970s. Oatley argues that monetary policy has distributional effects and is used by policy makers to achieve domestic policy goals. Thus domestic politics plays an important role in defining the approach leaders take to monetary integration. Oatley suggests that leaders supported the creation of the European Monetary System because governments saw a link to the Bundesbank as a useful instrument to help slow the growth of wages, redistribute income from labor to capital, and achieve domestic stabilization. The later collapse of the System reflected the unwillingness on the part of many leaders to continue to follow the Bundesbank's lead as well as the Bundesbank's own reservations about monetary integration. Given the rising strife in countries such as France over the domestic costs of monetary integration, Oatley's domestic politics explanation will be useful in understanding the continued efforts of European policy makers to work towards an integrated currency. This book should appeal to political scientists and economists interested in international cooperation, the European Union and exchange rate systems. Thomas Oatley is Assistant Professor of Political Science, University of North Carolina.
Download or read book Inheritance in Public Policy written by Richard Rose and published by Yale University Press. This book was released on 1994-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although politicians promise innovation and change when they run for office, once elected they face inherited commitments to programs initiated by their predecessors, legacies that severely limit their freedom of choice. In this book, the authors examine the ways in which decisions made by past generations of administrators control policy-making in the present.
Download or read book Inside Thatcher s Monetarism Experiment written by Tim Lankester and published by Policy Press. This book was released on 2024-05-21 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1979, Margaret Thatcher’s new government pursued a monetarist economic policy in response to double-digit inflation, rising unemployment and flatlining economic growth. Tim Lankester's insider’s account offers fascinating insights into one of Britain's most unsuccessful economic episodes and also examines monetarism's legacy today.
Download or read book UK Monetary Policy from Devaluation to Thatcher 1967 82 written by Duncan Needham and published by Springer. This book was released on 2014-05-09 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book charts the course of monetary policy in the UK from 1967 to 1982. It shows how events such as the 1967 devaluation, the collapse of Bretton Woods, the stagflation of the 1970s, and the IMF loan of 1976 all shaped policy. It shows that the 'monetarist' experiment of the 1980s was based on a fundamental misreading of 1970s monetary policy.
Download or read book The British Labour Government and the 1976 IMF Crisis written by M. Harmon and published by Springer. This book was released on 1997-11-05 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: The British Labour Government and the 1976 IMF Crisis examines the external pressures vis-à -vis British economic policy that culminated in the 1976 UK-IMF crisis. The postwar development of IMF loan conditionality is reviewed as well as the growing incompatibility after 1974 between the Government's domestic political imperatives and Britain's external economic constraints that led to the crisis. More generally, the case study demonstrates the coercive and constraining nature of 'international cooperation' in contemporary international relations.
