Stand and deliver, Mr Brown

Article Abstract:

UK Chancellor Gordon Brown will be able to reduce some taxes and implement some new initiatives to encourage more rapid economic growth as part of his 1999 Budget. However, it is important to look beyond government triumphalism and consider what is really happening to the UK economy. Economic growth in 1999 will clearly be considerably lower than Brown forecast in summer 1998, and government spending is actually very low, despite Brown's focus on new spending initiatives. In the long term, Brown will only be seen as successful if he is able to encourage talented people to take risks to establish the new companies of the future.

Public Finance Activities, Taxes, National Government Expenditures, Economic policy, Government spending policy, Public expenditures, Brown, Gordon (British politician)

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The rebirth of Victorian values

Article Abstract:

There are a number of parallels between economic developments in the UK in the late 1990s and those seen in the second half of the 19th century. During both periods, the market system was a key driving force. There was a global capital market, allowing companies across the world to gain access to capital at a market rate. In both cases, there was widespread technical innovation, fostering the emergence of new industries. Today's economic boom, which is characterized by uneven growth and the need for employees to develop new skills, is strongly reminiscent of that of the Victorian era.

Strategy & planning, Research and Development in the Social Sciences and Humanities, History, Business

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Forget the big fish and hook up to new ideas

Article Abstract:

Companies seeking to challenge global brands must be prepared to use inexperience positively and learn to manage instability. This approach makes it possible to convert potential weaknesses into strengths. A challenger company must use positively the fact that it is coming from behind. In the future, small and medium-sized businesses will benefit from the fact that there will be considerable potential for global niche brands.

Methods, Marketing, Brand name products, Brand names

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