Suchergebnisse

Presents an analytical framework developed to aid research into the implementation of the Thatcher government's Medium-Term Financial Strategy (MTFS). Uses the growing literature on the analysis of public policy in a way intended to be relevant to the study of the implementation of economic policy in the UK. Defines the terms policy and implementation, and sets out the assumptions which underlie the framework which consists of 6 elements: the antecedents of policy; dramatis personae; policy standards and objectives; negotiation and conflict; implementation influences on policy and wider societal actors. Introduces examples from research into the MTFS to assess the value of theories drawn from the literature. (Abstract amended)

To what extent does the policy of Tony Blair's government reflect the traditional aspirations of social democracy? In macroeconomic policy the emphasis has been on stability, an understandable response to recent UK economic history, but one which has left sterling dangerously overvalued for an extended period. The strongest policy emphasis has been on a battery of measures aimed at increasing the incentive to work. Paradoxically, for a government which has often treated redistribution as old-fashioned and inappropriate, the greatest impact of these measures has been to redistribute income towards low-income families which already have family members working. Effects on the labour supply appear to be modest, and a particular weakness has been the denial of a strong regional dimension to joblessness. The decision to stick with Conservative spending plans for the government's first two years brought a squeeze on the public services, and even the rapid growth in health and education spending planned for the next few years is predicated on very slow growth in social security spending rather than increased taxation. Labour's policies on training and on industrial relations imply greater responsibility for individuals and employers, rather than the state, and private sector solutions with regard to investment in and management of industry and services - even traditionally public services - are instinctively preferred.

Destined to become the standard guide to the economic policy of the United States during the Reagan era, this book provides an authoritative record of the economic reforms of the 1980s.In his introduction, Martin Feldstein provides compelling analysis of policies with which he was closely involved as chairman of the Council of Economic Advisers during the Reagan administration: monetary and exchange rate policy, tax policy, and budget issues. Other leading economists and policymakers examine a variety of domestic and international issues, including monetary and exchange rate policy, regulation

(Originally published in the International Social Science Journal, 1959, 11, 3.) As a matter of theory, economic policy involves the development of goals & a consideration of the means available to attain them. Decisions in these areas must be made continuously with regard to the economic order & changes in it, to the pace of development, & to short-term adaptations. It is stressed that this decision-making framework is ideal in the sense that it has yet to confront the concrete realities of a particular context. Imperfections, often due to a lack of coherence, inadequate data, a lack of uniformity in methods, & gaps in understanding of politicians & the public, can lead to gross distortions of even the most ideal economic policy. In devising economic policy, it is suggested that the popular distinction between communist & noncommunist countries is unhelpful, because it obscures similarities in both aims & means available to every country. 6 References. D. Ryfe