Introduction One of the main frustrating problems of the UK’s economy is the entrenched and long-term uneven economic development from 1930s. This uneven problem has a remarkable influence on the national and local economic policies over the last seven decades. This long term battle between the successive governments and this more and more serious disparity has been seen as a series of experiments. Lots of papers has done analysis on those economic policies to help people review the Government’s struggle and also tried to find out the barriers in front of resolving this disparity (Crowley et cl., 2012). The aims of this paper are analyzing the past economic policies and giving comments on it. This paper mainly includes three sectors: Firstly, the review of the UK’s economic disparity; Secondly, the main urban and regional policies established to tackle with the disparities; Thirdly, the comments on those policies. Review of Economic Disparity Economic disparity: Pre-1945 In the late 18th and 19th centuries, the industrial revolution happened in the Midlands and North West of England. From that on, manufacturing began to dominate the whole industry across the Northern England in terms of employment. Instead of manufacturing, agriculture was the main industry for the southern England in exclusion of the capital city London. However, in the 1920s and 1930s, manufacturing started to decline markedly in the Northern part of England, which was the main reason for the high unemployment levels exceeded one million during the 1920s and reached three million in the 1930s. This long-term decline increased a shift in location patterns from the North to Midlands and Southern England where light industries and service sector firms emerg... ... middle of paper ... ...facturing decline, WWII, manufacturing recovery, manufacturing decline again and service sector increase to the new dominate industry. In front of this tough problem, the successive government devoted themselves and adopted new theories and initiatives to solve this problem. Those initiatives changed from regional-led to neighbourhood-led, from property-led to people-led, from centralize to decentralize, yet the disparity still exist in this country even without being weakened, though some of the initiatives really resolved some other economic problems. According to some politicians and academics, the past policies that focused too much on the place instead of people, which is the main reason for its failure. This theory can serve as a new guidance for the current and future government to find a really effective way to respond Britain’s economic disparity problem.
Slovakia Economic Analysis Country: Slovak Republic Formation of the Slovak Republic The Slovak Republic, or Slovakia, is located in Eastern Europe with a population of 5.4 million people and borders the countries of Poland, Austria, the Ukraine, and the Czech Republic (The World Bank). As originally part of the former nation of Czechoslovakia, the Slovak Republic has only recently begun to write its own history (Abizadeh, p. 171). During 1989 many revolts took place against eastern European
Economic Analysis for St Andrews New Brunswick Community and Economic Analysis for St. Andrews, New Brunswick St. Andrews is a small coastal town in New Brunswick, situated at the end of a peninsula jutting out into the magnificent Bay of Fundy. The Town is conveniently located 30 km from St. Stephen and the Maine border, 100 km from Saint John and 120 km from Fredericton. The Town was founded in 1783, by Loyalists escaping persecution south of the border, on government land grants provided
In attempting to discuss the history of Chicanos, or Mexican-Americans and their experiences in the United States, an economic analysis may provide the best interpretation for their failure to achieve the status of first class citizens. This difficulty in achieving equality of citizenship is deeply rooted in both the economic self-interest of the Anglo-Americans, as well as their inherent perception of Otherness in Chicanos. This paper will explain the importance of this history and its context
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Judge Posner's Challenge to the Philosophy of Law ABSTRACT: This paper presents a conceptual analysis of Richard Posner's empirical theory of judicial behavior. His theory opposes the conventional view which holds that judges are insulated from external pressures so their judicial decisions will be based upon a disinterested understanding of the law. Since economics holds that all people — including judges — attempt to maximize their utilities, Posner thinks that the conventional view is an embarrassment
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contains Marx’s most developed economic analysis and philosophical insight. Although it was written in 1850s, its values still serve an important purpose in the globalized world and maintains extremely relevant in the twenty-first century. Karl Marx’s critique of political economy provides a scientific understanding of the history of capitalism. Through Marx’s critique, the history of society is revealed. Capitalism is not just an economic system in Marx’s analysis. It’s a “specific social form of