The economics of New Labour: policy and performance
回顾了新工党自1997年以来的经济政策基础与经济表现,认为其政策源于撒切尔主义并拥抱新自由主义,拒绝凯恩斯主义,但高消费需求推动了经济增长,避免了严重衰退。
This paper reviews the foundations of New Labour's economic policies and the performance of the economy since 1997. It argues that New Labour's policies have evolved from Thatcherism and that it has largely embraced the tenets of neo-liberalism. New Labour has rejected most aspects of Keynesianism and its policies have eschewed the use of active demand management policies. But it has been the high levels of demand—in particular consumption expenditure—that have driven economic growth in the UK and which have ensured that (as yet) New Labour has not faced the problems of dealing with a major economic downturn.