Assessment of Monetary Policies of United Kingdom During Margaret Thatcher's Period
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- Monetarism, Thatcher’s reform, Assessment
The academic background of this paper is under Keynesian economics and monetarism economics. The purpose is to show British government’s monetary policies during Margaret Thatcher’s period. There are also short introduction of monetarism and assessment of Thatcher’s policies in this paper. Thatcher’s reform indeed brought benefit to Britain a lot, however, it caused a series of problems such as unemployment and division between rich and poor. Her courage and perseverance might be helpful to our politicians’ reform today. But her policies should be thought twice before applying.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yihang Ge PY - 2020/01 DA - 2020/01 TI - Assessment of Monetary Policies of United Kingdom During Margaret Thatcher's Period BT - Proceedings of the 2019 International Conference on Management Science and Industrial Economy (MSIE 2019) PB - Atlantis Press SP - 60 EP - 65 SN - 2352-5428 UR - https://doi.org/10.2991/msie-19.2020.12 DO - https://doi.org/10.2991/msie-19.2020.12 ID - Ge2020/01 ER -