Macroeconomic Policy in Britain 1974}}}1987 [Paperback]

This book is a survey of macroeconomic policy in Britain in the 1970s and 1980s.Arguing that there were important elements of continuity in the decisions of the Treasury and the Bank of England, this survey of macroeconomic policy in Britain contains a chronological account of policy actions that covers the most influential writings of economists during this period.Arguing that there were important elements of continuity in the decisions of the Treasury and the Bank of England, this survey of macroeconomic policy in Britain contains a chronological account of policy actions that covers the most influential writings of economists during this period.This book is a survey of macroeconomic policy in Britain in the 1970s and 1980s, and argues that there were important elements of continuity in the way decisions were actually taken year-by-year and month-by-month in the Treasury and the Bank of England in this period. The book contains a chronological account of policy actions and their setting, a history of ideas, describing the most influential writings of economists in Britain during this period, a look at the influence of the world economy on Britain, and several elements of new statistical analysis.List of tables; List of charts; Preface; 1. Introduction; Part I. Narrative of Events: 2. Prelude: the last years of the health government; 3. The labour government 19749; 4. The conservative government 197983; 5. Conservative government continued 1983January 1985; Part II. History Of Ideas: 6. The seventies, developments of Keynesianism; 7. The seventies, the monetarist challenge; 8. The eighties, monetarism in practice; 9. The eighties, alternatives to monetarism; Part III. Britain and the World Economy: 10. The world economy 197487; 11. The British economy compared with others; Part IV. The Conduct Of Policy: 12. Introductory note on methods of analysis; 13. The conduct of monetary policy; 14. The conduct of fiscal policy; Part V. The Outcome For Policy Objectives: l£*