Reforming Britain's Economic and Financial Policy

Reforming Britain's Economic and Financial Policy PDF

Author: H. Treasury

Publisher: Springer

Published: 2001-12-02

Total Pages: 414

ISBN-13: 0230599834

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In recent years the UK's macroeconomic policy framework has undergone a period of radical reform so as to deliver the economic stability necessary to achieve high levels of growth and employment. This book provides a comprehensive account of these reforms, which constitute a new and innovative approach to policy making. Radical changes to the monetary policy framework, the fiscal policy framework, the regime for public spending and financial regulation are presented. Together they represent a coherent strategy to deliver economic stability and benefits to the wider economy. As well as providing an unprecedented insight into UK Government economic policy, the book takes the reader through the intellectual foundations of policy reform and the translation of these to applied policy making. Reforming Britain's Economic and Financial Policy contains a foreword by the Chancellor, Gordon Brown.

Microeconomic Reform in Britain

Microeconomic Reform in Britain PDF

Author: H. Treasury

Publisher: Springer

Published: 2004-03-09

Total Pages: 447

ISBN-13: 0230518338

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Microeconomic Reform in Britain: Delivering Opportunities for All provides a comprehensive guide to the extensive microeconomic reforms implemented over the last 6 years to realise the UK Government's goals: a stronger more enterprising economy and a fairer society. This companion volume to Reforming Britain's Economic and Financial Policy: Towards Greater Economic Stability , published in 2002, offers a detailed account of a programme of reforms which together constitute a comprehensive strategy to lock in the stability needed to support steady growth by pursuing both enterprise and fairness for all. Building on the foundations of monetary and fiscal reform, the reforms in microeconomic policy described in this volume provide the framework for improving Britain's overall productivity, expanding national wealth and protecting the environment. The government's approach to raising productivity across all sectors and income groups, supporting families, and tackling poverty is presented, together with a detailed account of the reform of the delivery of public services. This volume is a key resource for students of economics and politics, bringing together the work which will have a profound influence on the future of British economic policy making.

Microeconomic Reform in Britain

Microeconomic Reform in Britain PDF

Author: Hm Treasury

Publisher: Palgrave MacMillan

Published: 2004-03-09

Total Pages: 453

ISBN-13: 9780230522428

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A comprehensive guide to the extensive microeconomic reforms implemented since 1997 to realize the UK Government's goals: a stronger more enterprising economy and a fairer society.

Reforming the International Financial System for Development

Reforming the International Financial System for Development PDF

Author: Jomo Kwame Sundaram

Publisher: Columbia University Press

Published: 2011-01-17

Total Pages: 561

ISBN-13: 0231527276

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The 1944 Bretton Woods conference created new institutions for international economic governance. Though flawed, the system led to a golden age in postwar reconstruction, sustained economic growth, job creation, and postcolonial development. Yet financial liberalization since the 1970s has involved deregulation and globalization, which have exacerbated instability, rather than sustained growth. In addition, the failure of Bretton Woods to provide a reserve currency enabled the dollar to fill the void, which has contributed to periodic, massive U.S. trade deficits. Our latest global financial crisis, in which all these weaknesses played a part, underscores how urgently we must reform the international financial system. Prepared for the G24 research program, a consortium of developing countries focused on financial issues, this volume argues that such reforms must be developmental. Chapters review historical trends in global liquidity, financial flows to emerging markets, and the food crisis, identifying the systemic flaws that contributed to the recent downturn. They challenge the effectiveness of recent policy and suggest criteria for regulatory reform, keeping in mind the different circumstances, capacities, and capabilities of various economies. Essays follow ongoing revisions in international banking standards, the improved management of international capital flows, the critical role of the World Trade Organization in liberalizing and globalizing financial services, and the need for international tax cooperation. They also propose new global banking and reserve currency arrangements.

Depoliticisation as an orthodox account of British economic policy since 1997

Depoliticisation as an orthodox account of British economic policy since 1997 PDF

Author: Arturo Minet

Publisher: GRIN Verlag

Published: 2007-07-10

Total Pages: 17

ISBN-13: 3638815730

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Essay from the year 2006 in the subject Business economics - Economic Policy, grade: 1,7, University of Warwick (University of Warwick, UK), course: Vorlesung University of Warwick, language: English, abstract: Only a few authors have yet dealt with the interesting development of depoliticisation that is taking place not only in Britain, but also in many other democracies all over the world. In this essay we are going to focus ourselves on the British case, where the change of government in 1997 seems to have intensified the depoliticisation movement. To give a comprehensive picture of the actual debate in the literature on depoliticisation we will review the work done so far by Peter Burnham, Jim Buller and Matthew Flinders. Both papers, Burnham (2001) and Buller & Flinders (2005), try to stimulate debate and research on a political phenomenon that seems not to be new but nevertheless worth to discuss if we want to understand the rationale guiding present British policy.

Reforming UK Public Policy Through Elected Regional Government

Reforming UK Public Policy Through Elected Regional Government PDF

Author: Malcolm J. Prowle

Publisher: Taylor & Francis

Published: 2022-08-12

Total Pages: 271

ISBN-13: 1000626431

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This book takes an in-depth look at the enormous challenges facing UK public services and considers what might be done to resolve them. The authors are confident that more of the same over-centralised approaches to public policy and so-called "levelling-up" policies will just not work. Instead, they argue for an application of radical measures, involving the creation of elected regional governments in England similar to the devolved arrangements in Wales, Scotland and Northern Ireland. The book comprises four distinct parts: introduction and context; the need for major reform; policies for individual public services and cross-cutting themes. Following an introduction and discussion of the meaning of the terms public policy and public services, the first part goes on to discuss at length the substantial challenges to public policy and public services. The second part sets out the need for over-arching reforms, designed to address the issues discussed above, namely the development of elected regional governments. Each chapter in part three explores key themes concerning individual public policy areas and public services, while part four discusses a number of themes, which cut across all the public services already considered. Although the book is focused on and is of great relevance within the UK, it also has international appeal, as many of the themes discussed will have resonance in other countries and the analysis of public policy in regional administrations will also be of interest in other jurisdictions. It will appeal to students and academics in the fields of government and politics, economics, finance and accounting, public administration, public service management and social policy, as well as policymakers, practicing civil servants, public service managers and elected representatives.

Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2015-04-20

Total Pages: 257

ISBN-13: 1498344658

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This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Seeking a Premier Economy

Seeking a Premier Economy PDF

Author: David Card

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 521

ISBN-13: 0226092909

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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.

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present PDF

Author: Roderick Floud

Publisher: Cambridge University Press

Published: 2014-10-09

Total Pages: 607

ISBN-13: 1316061167

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A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.