Seeking a premier economy: the economic effects of British economic reforms, 1980-2000

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Publisher:
University of Chicago Press,
Pub. Date:
2004.
Language:
English
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.
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Grouped Work ID c7552db6-ac33-ebb6-dc20-8d38f2a4da06
full_title seeking a premier economy the economic effects of british economic reforms 1980 2000
author david card richard blundell and richard b freeman
grouping_category book
lastUpdate 2017-08-14 05:04:15AM

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series NBER Comparative labor markets
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title_display Seeking a premier economy the economic effects of British economic reforms, 1980-2000
title_full Seeking a premier economy [electronic resource] : the economic effects of British economic reforms, 1980-2000 / edited by David Card, Richard Blundell, and Richard B. Freeman
title_short Seeking a premier economy
title_sub the economic effects of British economic reforms, 1980-2000