Bibliographic Information

Understanding the UK economy

edited by Peter Curwen ; contributors, David Gowland ... [et al.]

(Macmillan texts in economics)

Macmillan, 1990

  • : hard
  • : pbk

Available at  / 33 libraries

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

An examination of the main historical trends of the UK economy and the changes of the 1980s and a look at how the economy will develop into the 1990s. The book is aimed at economics and business students.

Table of Contents

  • Part 1 The macroeconomy, B.Sedgwick and P.Curwen: national accounts
  • national income and output, 1977-87
  • investment
  • personal income, consumption and saving
  • economic performance
  • inflation
  • supply-side economics. Part 2 The financial system, P.Curwen: financial intermediation
  • classifying financial intermediaries
  • the Bank of England
  • the banking sector
  • non-bank financial intermediaries
  • money markets
  • capital markets
  • "big bang" and its aftermath
  • investor protection
  • financial intermediation in the future. Part 3 Spending, taxing and borrowing, P.Curwen: public expenditure
  • the overall tax burden
  • fiscal drag
  • the tax system
  • the EC and tax harmonisation
  • the budget
  • the public sector borrowing requirement. Part 4 External transactions, P.Curwen: the system of balance of payment accounts
  • the structure of the accounts
  • the accounts in retrospect
  • competitiveness
  • area composition of UK visible trade
  • commodity composition of UK visible trade
  • exchange rates
  • is there a balance of payments crisis?
  • the international monetary system
  • the international debt crisis
  • the desirability of intermediate targets
  • direct controls on credit
  • are budget surpluses beneficial? Part 5 External relations, P.Curwen: the single european market
  • the european monetary system
  • protectionism
  • reciprocity
  • general agreement on tariffs and trade. Part 6 The labour market, B.McCormick: introduction to trade unions
  • the legal framework
  • education and training
  • employment
  • unemployment
  • issues in pay determination. Part 7 Welfare, inequality and poverty, P.Marshall: inequality and income distribution
  • the concentration of wealth
  • poverty and income maintenance
  • the response from the system. Part 8 Industry and policy, K.Hartley & N.Hooper: theory and industrial policy
  • the economics of regulation and regulatory policy
  • competition policy
  • ownership
  • subsidy policy
  • technology policy
  • public purchasing. Part 9 Macroeconomic policy, D.Gowland & S.James: a framework of analysis
  • methods of monetary control
  • the 1950s and 1960s - the age of demand management
  • the 1970s
  • the 1980s - the Thatcher years
  • the policy in action
  • the decline in Keynesianism
  • Friedman's critique
  • new classical and radical Keynesian alternatives
  • financial policy in the ascendent.

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