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Social Democracy in Neoliberal TimesThe Left and Economic Policy since 1980$
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The Late Andrew Glyn

Print publication date: 2001

Print ISBN-13: 9780199241378

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199241378.001.0001

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New Labour’s Economic Policy

New Labour’s Economic Policy

(p.200) 8 New Labour’s Economic Policy
Social Democracy in Neoliberal Times

Andrew Glyn

Stewart Wood

Oxford University Press

During the 1990s, the authority of social democratic groupings reincarnated across Western Europe. Despite the constructive implications of this ‘rebirth’, there were notable changes in ideologies and policymaking processes involved in various conventional aspects of social democracy. Because of this, government officials along with professionals and other concerned citizens form clusters assessed the significance and applicability of the propositions and principles of traditional social democratic guidelines. Outlined here is the development of the formation, employment, evaluation, and implications of new labour's economic policy in the United Kingdom proposed during the Blair administration. The discussion includes rules and regulations regarding macroeconomic fundamentals, government expenditure, income distribution, policies on industrial networks, training and education, and management of human resources.

Keywords:   social democratic groups, Western Europe, economic policies, new labour, Blair era

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