英国国家概况之英国经济11.pptVIP

Oct,2009 Compare British 2 major parties Comparative Description on the 2 major parties Comparative Description on the 2 major parties Comparative Description on the 2 major parties Unit?5:?The?UK?Economy December, 2011 I.? Early History (-1900) agriculture export wool 14thC, dominant foreign trade 17thC, a leader in textile 1588 defeated Spanish Armada 1700-1944 British Empire 1750-1850 Industrial Revolution workshop of the world(P70) ? II. During the Two World Wars Britain’s share of world trade fell from 1/4 in 1880, 1/6 in 1913, and 1/8 in 1948. An?Unfavorable?Position (P71-72) 1. debt? 2. end?of?the?empire? 3. Large?military?spending? 4. A?catching-up?by?Germany?and?Japan 5. Lack of?a relationship between?industry and?banks III. During 1945-1979 In 1945 the Labor party: Reforms nationalization of industries high taxes a welfare state It laid the foundation for postwar British social and economic development. 1945 - 60s slow - 70s recession British disease (P73): soaring inflation workers’ strike for more pay slow growth of productivity III. During 1945-1979 IV. During 1979-1997 Conservative Party (P73) Thatcher’s reform: privatization low taxes reduced social welfare Thatcher’s economic policy achieved remarkable success. Negative aspects: high unemployment widened gap between the poor and the rich high crime rates unsatisfactory social services V. During 1997 - 2010 In 1997 the Labor party: the “Third Way” bank of England independent minimum wage and supplement of low incomes individual responsibility Britain’s economic growth surpassed. world economic crisis VI. British?Economy in the world (P70) One of the world’s wealthiest 6th largest economy The strongest business environment in Europe A member of the G7, G8 and G20 One of the major?trading?nations Member of European Union (EU) 欧盟 Sterling—performs well Preparation for Next Time Presentation of Q1 (P84) Lecture: Unit 8 British Foreign Relations Presentation of Uni