Trade unions and the distribution of income

Article Abstract:

There has been a significant decline in trade union membership in the UK. This decline may be attributable to structural changes in the economy and to the fact that employment patterns have moved away from industries where unions have traditionally been very active. Trade unions could affect the distribution of income in a number of conflicting ways. However, there is a clear link between declining union membership and rising inequality in the distribution of income, and it is beyond doubt that the fall in union density has played a role in the growth of inequality.

Labor unions, Income distribution

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Changes in the industrial structure of the UK

Article Abstract:

The UK has seen an expansion of the service sector and a decline of agriculture, mining and manufacturing sectors between 1983 and 1993. The decline of manufacturing industry has been described as de-industrialization. The appreciation of pound sterling and its impact on manufacturing exports is one reason for the decline of manufacturing industry. Lack of investment in manufacturing has also created problems. Lack of investment is attributed to a number of factors, such as public spending, and inflation and investment in real estate.

Manufacturing industry, Manufacturing industries

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International currency: the prospects for the euro

Article Abstract:

The prospects for the new currency euro in replacing the US dollar as the major international currency are examined.

United Kingdom, Euro (Currency), Monetary unions, Euro currency transition

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