Public expenditure has increased considerably in the UK from around ten per cent of GDP in the 1870s to forty per cent and above in the 21st century. Clive Lee explores the fluctuations in state spending, highlighting the ongoing political conflict over the size and extent of welfare provision

The past decade has been a time of drastic developments, both in financial markets and in related academic research. Among the most striking developments are the expanded stockholder base, the increased popularity of mutual funds among households, and the growing importance of private pension...

This volume presents a critical examination of the EMU from different perspectives. It includes essays on the political economy of currency unions, on the Growth and Stability pact, the European Central Bank, an evaluation of the first four years of the EMU, and the costs and benefits for Sweden...

The financial crisis of 2008 is probably the single most important economic event in post-war history. Macroprudential policy is the response to that crisis - a determined attempt to stabilize the financial system. This book explains why it is necessary, who will be responsible for executing...

Covering the period from Ted Heath's assumption of the leadership of the Conservative Party through to the early years of the Coalition, this volume provides a detailed analysis of the Tory Party's Macroeconomic and Microeconomic Policy-Making over the past 50 years providing an historical...

This edited collection highlights the inquisitive and synthetic aspects of John Stuart Mill's mode of philosophising while exploring various aspects of Mill's thought, intellectual development and influence. The contributors to this volume discuss a number of Mill's ideas including those on...

Despite the huge expansion in consumer credit in the last 25 years there are very few texts describing the operation of consumer credit markets. Consumer Credit Fundamentals is the first book to provide a broad cross-disciplinary introduction to the subject. It covers the history of credit, the...

The author investigates the strategies of eight publicly listed banks in Britain and Germany in the context of European financial integration. Evidence is provided that banks with defensive strategies fared better than those which attempted to break out of a coherent financial system in order to...

An account of the principal phases in the development of the English banking system, and an analysis of the financial structure of the economy of the UK. The book focuses in detail on the regulatory and supervisory aspects of the UK banking system, and the interactions between the structural...