The Economic and Financial Context: Paying for the Banks

Jean Shaoul

Chapter 3 in Working for the State, 2011, pp 43-65 from Palgrave Macmillan

Abstract: Abstract British public sector workers, like their counterparts in many other countries, face a future of cuts in public service funding, jobs, pay and working conditions as a result of austerity measures imposed in the wake of the global financial and economic crisis. The corollary is that millions of people, who have paid for public services and social insurance via taxes throughout their working lives, face a cut in their ‘social wage’.

Keywords: Public Sector; Public Expenditure; Public Private Partnership; Labour Government; Public Sector Employment (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1057/9780230347984_3

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