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Item Details
Title: SEEKING A PREMIER ECONOMY
THE ECONOMIC EFFECTS OF BRITISH ECONOMIC REFORMS, 1980-2000
By: David Card (Editor), Richard Blundell (Editor), Richard B. Freeman (Editor)
Format: Hardback

List price: £104.00


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ISBN 10: 0226092844
ISBN 13: 9780226092843
Publisher: THE UNIVERSITY OF CHICAGO PRESS
Pub. date: 15 July, 2004
Pages: 520
Description: In the 1980s and 1990s successive British governments launched a series of reforms aimed at deregulating the economy. This collection of essays examines the impact that these reforms have had on unemployment, industrial relations, pay rates, and poverty, among other issues.
Synopsis: 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.
Illustrations: Illustrations,
Publication: US
Imprint: University of Chicago Press
Returns: Returnable
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