US data suggests New Paradigm is here to stay

Article Abstract:

Economic developments in the US are challenging conventional thinking, indicating that it is possible to achieve high growth without pushing up inflation or placing the labour market under pressure. Supporters of the New Paradigm believe that the US economy is in a phase of structural, rather than merely cyclical, improvement. New technology has allowed firms to boost productivity, with greater output thus being achieved without needing to raise employment costs.

Analysis, United States economic conditions

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Touch of Gallic in the employment melting-pot

Article Abstract:

The French government believes that cutting the working week to 35 hours has created 285,000 jobs since 1996, as well as bringing many indirect benefits. The issue of whether a 35-hour working week should be introduced in the UK is considered, and it is argued that circumstances in the UK cannot be compared with those in France.

Work hours, France, Column, Economic policy

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Will bumper Christmas save the high street?

Article Abstract:

There are signs of improvement in the UK retail sector. Most importantly, official statistics indicate that retailers may be becoming less dependent on price-cutting to attract customers.

Retail Trade, United Kingdom, Retail industry

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