IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-20586-8_7.html
   My bibliography  Save this book chapter

The Labour Market

In: Understanding the UK Economy

Author

Listed:
  • Brian McCormick

Abstract

The Conservative government which came into office in 1979 envisaged a long period, some 10 years, over which the reforms of the British economy would be undertaken. The reforms embraced fiscal stability; deregulation of the economy; privatisation of the nationalised industries; and the reduction of trade union powers. The first three of these issues are dealt with in detail elsewhere in this book, but all have a bearing upon the efficiency of the labour market. The pursuit of fiscal stability has, for example, led to a reduction of aggregate demand with repercussions on the demand for labour, whilst the pursuit of tax cuts has had implications for incentives and the supply of labour. Deregulation has led to a modification of the operation of minimum wage legislation and to a reconsideration of policies which had been designed to eliminate casual labour in the ports. Privatisation has meant the intrusion of commercial criteria into the operations of some industries and the abandonment of nationalisation as a means of income redistribution and stabilisation.

Suggested Citation

  • Brian McCormick, 1990. "The Labour Market," Palgrave Macmillan Books, in: Peter Curwen (ed.), Understanding the UK Economy, chapter 6, pages 199-235, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-20586-8_7
    DOI: 10.1007/978-1-349-20586-8_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Geoffrey Meen, 1996. "Ten Propositions in UK Housing Macroeconomics: An Overview of the 1980s and Early 1990s," Urban Studies, Urban Studies Journal Limited, vol. 33(3), pages 425-444, April.
    2. Beresne, Martha Bernadett & Kerekes, Geza, 2009. "The Relationship between Alternative Unemployment Indicators and Agriculture in the Northern Great Plain," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 109, pages 1-11, April.
    3. Henry Overman & Patricia Rice & Anthony Venables, 2010. "Economic Linkages across Space," Regional Studies, Taylor & Francis Journals, vol. 44(1), pages 17-33.
    4. Geoffrey Meen, 2001. "The Economic Role of New Housing," ERES eres2001_231, European Real Estate Society (ERES).
    5. Taylor, Mark P & Böheim, René, 2000. "Unemployment Duration and Exit States in Britain," CEPR Discussion Papers 2500, C.E.P.R. Discussion Papers.
    6. David Clapham, 1996. "Housing and the Economy: Broadening Comparative Housing Research," Urban Studies, Urban Studies Journal Limited, vol. 33(4-5), pages 631-647, May.
    7. Gábor R., István, 1998. ""Reményvesztett dolgozók" a fejlett piacgazdaságban [Hopeless workers" in the developed market economie]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 370-378.
    8. Geoffrey Meen, 2016. "Spatial housing economics: A survey," Urban Studies, Urban Studies Journal Limited, vol. 53(10), pages 1987-2003, August.
    9. Kevin Doogan, 1996. "Labour Mobility and the Changing Housing Market," Urban Studies, Urban Studies Journal Limited, vol. 33(2), pages 199-221, March.
    10. Ferhan Gezici & Berna Keskin, 2005. "The Interaction between Interregional Disparities and Immigration in Turkey," ERSA conference papers ersa05p132, European Regional Science Association.
    11. Boeh-Ocansey, Osei & McGrath, Simon & King, Kenneth & Leach, Fiona & Carr-Hill, Roy & D'Souza, Keith & Messina, Graciela & Oketch, Henry, 1994. "Education and Training for the Informal Sector," Education Research Papers 12826, Department for International Development (DFID) (UK).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-20586-8_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.