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4. 英国与欧洲当前的关系（脱欧），以及对其经济的影响未制作在内，大家
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unemployment benefits, cut child benefits)
Result:
the positive aspect: Inflation came under control. Business profits increased.
the negative aspect: Economy still grew at lower rate. A rapid increase in unemployment
英 语 国 家 概 况
Content
I. Recent History of British Economy II. Current British Economy
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I. Recent History of British Economy
Economic Decline
After World War II, the British economy experienced a period of great difficulty and relative economic decline.
II
Causes
❖ two World Wars — great economic loss ❖ the era of the British Empire was over — decolonization
(losses of raw material & market) ❖ military expenditure — overseas locations; financial
A guide to English-speaking countries
英语国家概况
A Guide to English-Speaking Countries
The United Kingdom of Great Britain and Northern Ireland
Chapter 4 Economy
contribution to NATO and U.N. Security Council
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I. Recent History of British Economy
Policies

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“mixed economy”
-- an economy in which there is some public ownership as
Mrs. Thatcher and her polices were and remain highly controversial.
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1997
I. Recent History of British Economy
Tony Blair Term of office: 1997-2007
“Leaders are ordinary human beings in
I. Recent History of British Economy
1979-1997
II
Margaret Hilda Thatcher
(1925-2013)
Term of office: 1979-1990
“In politics if you want anything said, ask a man. If you want anything done, ask a woman.”
Polices: Radical economic reform
• Privatized state-owned industries. • Promoted a more competitive spirit in the British economy. • Social welfare (reduced old age pensions, shortened the period of
well as privIIately owned business.
During the 20th century the government has become involved in the economy through introduction of social welfare policies and laws to regulate industrial relations.
II
extraordinary positions”
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Polices: The Third Way
• Made the Bank of England independent. • Emphasized on the minimum wage and supplementing low incomes • Emphasized individual responsibility
I. Recent History of British Economy
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1945-1979
Polices: Drastic reforms Nationalization of industries
II
Result: Although the government changed from one party to another,
the economy remained stagnant. Britain’s economic growth fell behind that of other European countries.
inflation 通货膨胀 trade deficit 财政赤字 unemployment 失业 the fall of the pound 英镑贬值
Result:
• Limited government spending • Kept inflation under control • Reduced unemployment