UK Economic Policies Dissertation Example | Topics and Well Written Essays - 500 words

UK Economic Policies - Dissertation ExampleEconomic Policy Measures undertaken on or before the 1990s.PrivatizationMainly aimed to tackle the stagflation that gulped the nation during the 1970s and to nix further such developments. However has been criticised by a number of economists.Also enabled the revision of labour laws so as to reduce the power of the labour joint and assign more power to the company.Moreover, the competitive spirit that the step would instil among the producers will help the nation to achieve a comparatively advantageous position. near relevant sectors, other than the postal system, were privatized.The scheme was preceded by a number of failures and required a lot of effort from the then Prime Minister, Margaret Thatcher, before it lastly achieved success almost a decade later.Reduction in unemployment benefits combined with a modification of tax laws that might act as an incentive for higher(prenominal) production and thus an improved GDP position (Wagnur, 2000).Modification of the education system in the country and providing maximum financial coverage to the students.New grant plans so as to shift the burden from the state to the individuals.Introduction of pay-as-you-go scheme in the occupational structure, where the individual has to purchase and become a part of round pension benefit scheme (Taylor-Gooby, 2006). Increased housing ownership due to introduction of buyer-side subsidies.Capital account convertibility that helped the inflow foreign investments.