Unemployment
A Problem of Policy: Analysis of British Experience and Prospects
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The high level of unemployment in Britain in the 1980s led many people to believe that it would continue indefinitely, and many arguments were advanced to explain it. After a preliminary examination of the statistics of employment and unemployment in Britain, this 1991 book exposes the major factors determining their trends as a basis for considering the likely developments and policy options. The study covers most of the explanations found in academic debate as well as in popular belief, drawing on a wide range of empirical research, including systematic international comparisons as well as c...
The high level of unemployment in Britain in the 1980s led many people to believe that it would continue indefinitely, and many arguments were advanced to explain it. After a preliminary examination of the statistics of employment and unemployment in Britain, this 1991 book exposes the major factors determining their trends as a basis for considering the likely developments and policy options. The study covers most of the explanations found in academic debate as well as in popular belief, drawing on a wide range of empirical research, including systematic international comparisons as well as case studies of particular interest. The analysis is carried out under four main headings: structural change; the wage question; macroeconomic policy; and the international dimension. The book concludes with a consideration of the practicability of the different policies which emerge.
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