John Grieve Smith is a Cambridge economist with wide experience of government and history. He has worked in the Cabinet Office, the Treasury, as an Under-Secretary in the Department of Economic Affairs and then as Director of Planning in the British Steel Corporation. He is a fellow of Robinson College, Cambridge.
Prefaces, Acknowledgements
1. The New Orthodoxy: 1. Introduction
2. Evolution of Post-War Policy
3. The New Orthodoxy
4. New Labour in Power
5. Restoring Full Employment
2. A Fairer Society: 1. Social Injustice
2. The Balance of Power
3. Industry and Social Partnership
4. The Public Sector
5. Paying for Public Services
3. The Welfare State: 1. The Growth of Means-Testing
2. New Labour's Inheritance
3. Welfare Reform
4. The Demographic Time Bomb
5. Time to Take Stock
4. The Future of the EU: 1. Further Integration
2. Managing Demand
3. Taxes and Public Expenditure
4. The Labour Market, 5. A European Federation?
6. Rethinking European Policy
7. A New ERM
5. Reforming the Global Financial System: 1. The Threat of Instability
2. Improving Financial Regulation
3. The Flow of Capital to Developing Countries
4. The Role of Taxation
5. Managing Exchange Rates
6. The Future of International Economic Institutions
6. A New Economic Agenda: 1. Breaking the Thatcherite Mould
2. Towards a Fairer Society
3. Rebuilding the Welfare State
4. Making European Integration Work
5. Taming Global Finace
6. A Better Way
Index