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Article: The Politics of Economic Policy.
- Article from:
- West European Politics
- Article date:
- January 1, 1995
- Author:
CopyrightCOPYRIGHT 1995 Frank Cass & Company Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This book presents a brief, but invaluable introductory text to students and others who are interested in the issue of economic policy-making in Britain. Economic policy-making has become much more exacting to analyse and predict, as seen in the tumult over the Exchange Rate Mechanism episode, and unfortunately, somewhat less interesting for students. However, as Grant demonstrates repeatedly, the shaping of economic policy is of central importance to the political process.
The reality is that the government finds itself caught on the one hand between the expectations of the electorate (feel good factor) and the expectations of the pressure groups and on the other ...