Synopsis
Today, Britain's economy is in a very familiar situation; will recovery prove to be sustainable or will supply-side problems and a lack of competitiveness trigger another cycle of inflation and recession? In this book, a team of economists who worked at the National Economic Development Office until its recent abolition, give an authoritative and wide ranging account of Britain's economic problem. They show that a naive belief in the efficacy of the market has provided an inadequate platform for meeting the challenges facing a modern economy and that an appropriate combination of industrial policy and corporate strategy could place Britain in the first tier of the New Europe.
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Présentation de l'éditeur
This new and substantially revised edition of Britain's Economic Performance provides a unique assessment of the current state of the supply-side of the economy. Written by a team of highly experienced, policy oriented applied economists, this volume will be a valuable source of reference, analysis and guidance for students and policy-makers.
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