Who's afraid of a Lib/Lab pact?
Article Abstract:
The British Constitution is not particularly good at managing a situation where two parties co-operate in government. The Liberal Democrat leader will obtain a Labour commitment to proportional representation for the next election to ensure cooperation on deals. Proposals for the 1992 Budget differ little, increasing income tax and national insurance. Other policies are similar: full European monetary union, implementation of the European Social Chapter, move to narrow bands in the exchange rate mechanism. Therefore aLib/Lab government would follow a similar economic strategy to a majority Labour administration.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
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Tony Blair puts meat on the stakeholder bones
Article Abstract:
A stakeholder economy will bring advantages for the majority of people in the UK, rather than for just a few, as is the case with the current economic system, according to Labour party leader Tony Blair. The party intends this approach to embrace many specific policy initiatives, but has not yet released any firm details. This is a wise thing to do, given that the Japanese and US economies, which are firmly built on the stakeholder concept of corporate control, are facing many difficulties.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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Blair may trip up facing the Tories' fiscal abyss
Article Abstract:
A new Labour government in the UK would face the very difficult problem of increasing public spending in line with voters' expectations without increasing taxation or inflation. This could be done through a reallocation of spending programmes and the introduction of new measures to encourage long-term approaches in industry. However, there would be no rapid improvement in output or unemployment, especially as new economic theories reject the use of demand management to boost GDP growth.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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