Introduction

Richard Dickens, Paul Gregg and Jonathan Wadsworth
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Richard Dickens: University of London

A chapter in The Labour Market Under New Labour, 2003, pp 1-13 from Palgrave Macmillan

Abstract: Abstract In the 20 years preceding the election of the Labour administration in May 1997, there had been many dramatic changes to the nature of labour market institutions and policy management in Britain. The long period of Conservative government had swept away many of the corporatist relations between the state, firms and unions. Incomes policies were abandoned. Trade union activities became highly regulated and restricted and union membership went into freefall. The tools of Keynesian demand management were thrown away and the basic tenets of US-style laissez faire capitalism embraced. The 30-year period after the war had produced growth and increased living standards in Britain, though to a lesser extent than in many other OECD countries. Significantly, most individuals appeared to benefit from this growth.

Keywords: Labour Market; Union Membership; Wage Inequality; Labour Market Institution; Lone Parent (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59845-4_1

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DOI: 10.1057/9780230598454_1

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