Research Paper on:
Post Privatization Economy of the United Kingdom

Unformatted Sample Text from the Research Paper:
country to its knees with picture of Arthur Scargill on the new accompanied by news of the latest blackouts due to the miners strikes. Union power was high, and  seen as destructive to the capitalists at the time. This was due to the power balance remaining with the unions, creating a situation where increased productivity or efficiency would invariably  create conflict with unions if it meant changes to pay and conditions or threatened jobs. If we look at the subsequent way in which the economy has developed then there  are mixed results that both support and deny the supposition of this the impact the power of the union has had on the economic development of the country.  If we look at the current situation the trend appears to be good, with upward trends even with the recent fears regarding rescission and  the currently very high level of sterling against the Euro. We can measure development in terms of GDP, and even after the 1970s we see that although we  may argue there has been current growth, this is not completely correct, as in the 1980s there have been some glitches and downward trends in the growth. However, we can  also look at factors such as unemployment, standard of living as well as the other measures such the stock markets. Arguably one of the measures that may be used in  order to justify the way that the unions loosing power has been good for the economy is in the growth of the FTSE and investments.  The investment situation in the United Kingdom is also strong. Long term returns have been reliable and averaged between 1929 and 1997 at 6.2% (Coggan, 2000). Downward