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All change? Prospects for the UK economy under “New” Labour
Author(s) -
Sentance Andrew
Publication year - 1996
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/j.1468-0319.1996.tb00074.x
Subject(s) - opposition (politics) , economics , labour supply , face (sociological concept) , government (linguistics) , economy , labour economics , political economy , economic policy , political science , sociology , politics , law , social science , linguistics , philosophy
The opinion polls suggest Labour will win the General Election and form the next government. In this article, Andrew Sentance discusses how the UK economy might fare under “New” Labour. He argues that there is likely to be a considerable degree of continuity in macroeconomic policy, but more change in approach to supply‐side issues. He highlights four key policy challenges which Labour would face at an early stage if elected and which will give an indication of how policies developed in opposition will be applied in practice.