The-UK-Economy-英国经济上课讲义.pptVIP

The UK Economy ;Contents;the Second Industrial Revolution in the United States meant the US had begun to challenge Britains role as the leader of the global economy. The extensive war efforts of both World Wars in the 20th century and the dismantlement of the British Empire also weakened the UK economy in global terms, and by that time Britain had been superseded by the United States as the chief player in the global economy. ;From 1945 until the present, the story of the UK economy is usually thought of as one of decline. Question: Is this statement true? What are the reasons for describing this period as one of decline? ;The Reasons for the Relative Decline of UK Economy;;Third, Britain spent a higher proportion of national wealth on the military than most of its competitors. (decolonization, a member of NATO, a member of the UN Security Council.) Fourth, its industry survived almost unaffected during the war so that British could continued with its older factories and pre-war products.;Fifth, the lack of a close relationship between industry and banks in the UK is not as close as that of Japan and Germany, and the rates of investment was low.;Facts showing the UK Economy’s Relative Decline ;Rank order country GDP GDP (per capita ) growth rate 01 USA 137532.87亿美元 45668美元 2.2%  02 JAPAN 51034.63亿美元 40055美元 2.0%  03 GERMANY 30243.34亿美元 36698美元 2.6%  04 CHINA 28792.26亿美元 2177美元 11.4%  05 UK 24718.72亿美元 40669美元 2.9%  35 HONG KONG 2045.02亿美元 29298美元 5.8%  　　　　 (CIA statistics, Feb. 12, 2008）;Recent History;Results: Workers struck for more pay. The government was in debt. The British industry appeared to be doing badly, with increasing imports relative to exports. ; ;Positive consequences: The