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- W2486030329 abstract "Few economic episodes in the postwar period have excited as much interest as Britain’s experience under Mrs. Thatcher in the 1980s. The coming to power of a government commited to, and implementing, a radical overhaul of the existing consensus on economic policy has been a source of inspiration to some (Walters [37]; Ball [2]), but the subject of fierce criticism by others (Kaldor [21]). What is certain is that the succession of a severe recession followed by an exceptionally long lasting recovery, combined with sharp swings in the exchange rate, very high levels of unemployment, the return to budget surpluses, the near disappearance of private savings, as well as the persistence of two traditional British ills (high wage pressures and low competitiveness), provides a rich story for the economic commentator." @default.
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- W2486030329 date "1992-01-01" @default.
- W2486030329 modified "2023-09-26" @default.
- W2486030329 title "Has Mrs. Thatcher Changed the British Economy?" @default.
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