The Competitiveness of the UK Economy

1. Front Matter

   Pages i-x

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2. Introduction

   • Sven Arndt, George McKenzie

   Pages 1-17

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3. Competitive Rivalry and the Response of Markets to Innovative Opportunities

   • Paul Geroski, Geoffrey Stewart

   Pages 19-51

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4. Do Unions Reduce Redundancies?

   • Barry McCormick, Peter Shelley

   Pages 53-79

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5. Working Capital, Employment and Competitive Flexibility

   • Alan Hamlin, David Heathfield

   Pages 81-100

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6. Relative Price Variability and Inflation in the UK

   • Grayham Mizon, Stephen Thomas

   Pages 101-138

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7. Wages, Prices and Non-traded Goods

   • Mark Blofeld, George McKenzie

   Pages 139-162

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8. Back Matter

   Pages 163-164

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How competitive is the UK economy? Is it capable of responding successfully to shocks emanating from abroad? The five case studies prepared for this volume identify the main problem areas which currently affect the ability of the UK to sustain a competitive international position.

• capital
• competitiveness
• economy
• employment
• inflation
• success
• unions

• University of California, Santa Cruz, USA

  Sven Arndt

• Centre of International Economics, University of Southampton, England

  George McKenzie

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