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Structural Change under New Labour

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  • Coutts, K.
  • Glyn, A.
  • Rowthorn, B.

Abstract

The paper examines specific features of structural change in the UK since 1997, contrasting the decline in industrial jobs with the rise in a variety of service jobs. It examines the proximate causes of structural change, in particular whether the chronically slow growth of manufacturing output in the 1980s has persisted. The implications of this structural change are considered, particularly the effects on the balance of payments and regional employment patterns. The paper suggests that the main impact of government policies on regional employment may have been through the direct and multiplier effects of public expenditure.

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File URL: http://www.econ.cam.ac.uk/research/repec/cam/pdf/cwpe0721.pdf
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Bibliographic Info

Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0721.

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Length: 29
Date of creation: May 2007
Date of revision:
Handle: RePEc:cam:camdae:0721

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Related research

Keywords: structural change; deindustrialisation; balance of payments; regional employment; New Labour economic policies.;

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References

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  1. Singh, Ajit, 1977. "UK Industry and the World Economy: A Case of De-industrialisation?," Cambridge Journal of Economics, Oxford University Press, vol. 1(2), pages 113-36, June.
  2. Erdem, Esra & Glyn, Andrew, 2001. " Job Deficits in UK Regions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 63(0), pages 737-52, Special I.
  3. Robert Rowthorn, 2005. "Combined and Uneven Development: Reflections on the North-South Divide," ESRC Centre for Business Research - Working Papers wp305, ESRC Centre for Business Research.
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Cited by:
  1. Ken Coutts & Bob Rowthorn, 2009. "Prospects for the UK Balance of Payments," ESRC Centre for Business Research - Working Papers wp394, ESRC Centre for Business Research.

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