In recent years the UK's macroeconomic policy framework has
undergone a period of radical reform so as to deliver the economic
stability necessary to achieve high levels of growth and
employment. This book provides a comprehensive account of these
reforms, which constitute a new and innovative approach to policy
making. Radical changes to the monetary policy framework, the
fiscal policy framework, the regime for public spending and
financial regulation are presented. Together they represent a
coherent strategy to deliver economic stability and benefits to the
wider economy. As well as providing an unprecedented insight into
UK Government economic policy, the book takes the reader through
the intellectual foundations of policy reform and the translation
of these to applied policy making. Reforming Britain's Economic and
Financial Policy contains a foreword by the Chancellor, Gordon
Brown.
General
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