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United Kingdom2010-2012

Diogo TomazFrancisco Oliveira

Jelle Beernink

Kirsten Van den Ham

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United Kingdom vs.Great Britain

Great Britain: England,Scotland and ales!

#nited Kingdom: GreatBritain and $ort%ern

&reland

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Historical FundamentalsSince the postwar until now

!nsularit"T%e' %ave c(lt(ral and )olitical similarities *it% t%eir continental )eers! T%eir

ins(larit', t%e +act t%at t%e' are an island %as al*a's een an advantage, *%enit came to invasions and to gain im)ortance in t%e regional trade giving t%eirgood localization in t%e ma) and t%eir maritime ca)acities!

#conomic #volution

-+ter t%e end o+ orld ar && England %ad an e.tremel' large det so t%e' %adto do a ver' %ard reconstr(ction! T%e /0lan 1ars%all2, since 3456, *as t%e)rinci)al contri(tion to England7s econom' recover'!T%e conservative 1argaret T%atc%er a))lied neolieral )olitics t%at a+ected t%e

social )rotection model and t%e State7s role! $o*ada's, *it% disting(is%ed)olitics t%at %el)ed to recover )artiall' +rom t%e sit(ation e+ore 3484 t%e' tr' tomaintain a d'namic and com)etitive econom' *it% *ide levels o+ *ell eing tot%e )o)(lation!

Health and #ducation S"stem T%e $ational Healt% Service rings to 94 million )eo)le a (niversal and +ree

coverage, eing created in 3456! &t is *orld *ide kno*n +or its (niversalcoverage and %ig% (alit' o+ its )rimar' attention!

T%e ed(cation s'stem is *%at *e can call revol(tionar' *%ere ot%er occidentaled(cational s'stems %ave s())orted t%emselves!

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$risis #%ects

;ecession *as dee)er t%an +or its )eers

E.tensive s())ort )rovided ' t%e government to s())ortt%e

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$risis #%ects

;ecessions *as dee)er t%an +or its )eers

So(rce: S=0

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$risis #%ects

E.tensive s())ort )rovided ' t%e government to s())ortt%e

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$risis #%ects

&ncreasing government det (rden

So(rce: S=0

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$risis #%ects

;ed(ced im)ortance o+ t%e )o(nd as ke' internationall' traded

c(rrenc'

So(rce: Bank+or &nterational Sttlements

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&easures and Goals

2010

Political Environment

T%e co(ntr' )olitical s'stem is in relativel' (nc%artered territor'

*it% a coalition government in )o*er +ollo*ing >?3? election Government7s main legislative )rogram incl(ding signi

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&easures and Goals

2010

Monetary Policy

&nAation remained aove target, 'et )olic' interest ratesremained at an all@time lo* d(e to t%e contin(ed *eakness o+

domestic demand and contractionar'

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&easures and Goals

2011 and 2012

Political Environment

Balance t%e need +or ?3> -(t(mn Statement *ill )rovide greater clarit' on%o* t%e government )lans to manage t%is alancing act

Fiscal Flexibility

Contin(o(s tracking o+ t%e >?3?7s ?3>, t%e Bank o+ England inected 35? illion to avoid lack o+li(idit' and to stim(late credit to t%e com)anies

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'he Future

Strenghts

- large, diversi

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'he Future

$hallenges

- considerale )(lic sector de

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E(ro)e GD0 Forecasts

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So(rce: S=0

#K 1ain &ndicators

So(rce: S=0

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SO#;CESS=0 and 1ood'7s

TH-$K O# FO; THE-TTE$T&O$