Understanding the UK economy
Author(s)
Bibliographic Information
Understanding the UK economy
(Macmillan texts in economics)
Macmillan, 1990
- : hard
- : pbk
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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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