Something strange has been happening in the British economy. For over six years now, wages have fallen for most of us, which is unprecedented in British modern history. And despite the return of economic growth, wages still have not picked up.What has happened? And crucially is this a long term problem - is this the end of the pay rise? Paul Johnson, director of the Institute for Fiscal Studies, explores the mystery of our falling wages and finds out how it is related to how productive we are, but also to how wages themselves are shared out between the top earners and the rest of us.Producer: Estelle DoyleContributors:
** Nikki King, Honorary Chairman, Isuzu Trucks UK
** Andy Haldane, chief economist, Central Bank of England
** Jonathan Haskel, Professor of Economics, Imperial College Business School
** Paul Gregg, Professor of Economic and social policy, University of Bath
** Nick Crafts, Professor of Economic History, Warwick University
** Andrew Sentance, former member of Central Bank MPC
** Matt Whitaker, Chief Economist, Resolution Foundation
** Nicola Smith, Trade Union Congress
** Sarah Collyer, Peter Murphy, Hillary Rogers from Isuzu Trucks UK.
Politik
Analysis Folgen
Programme examining the ideas and forces which shape public policy in Britain and abroad, presented by distinguished writers, journalists and academics.
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389 Folgen
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Folge vom 14.07.2014The End of the Pay Rise?
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Folge vom 30.06.2014Tories: Nasty or Nice?Why have the Tories attracted the label 'the nasty party'? Tory supporter Robin Aitken explores why the phrase took hold, and why it matters in key national debates today. Senior and influential figures in the Tory party's recent history offer revealing personal accounts of what they believe and how the party is perceived by the outside world. Producer: Chris Bowlby Editor: Hugh Levinson.
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Folge vom 23.06.2014Varieties of CapitalismWhat is the best form of capitalism? The free-market form found in countries such as the UK and the United States, or the more collaborative model which is common across Northern Europe?Some British politicians, from both the left and right, are somewhat starry-eyed when it comes to the way other countries run their economy and have even suggested the UK could improve its lot by importing practices found across Scandinavia and Germany. But is that remotely possible?In this edition of Analysis, Britain politics correspondent for The Economist Jeremy Cliffe investigates the different forms of capitalism defined by the Varieties of Capitalism school - most-famous for the book of the same name published in 2001.He begins by working out what makes a 'Liberal Market Economy' and a 'Coordinated Market Economy', and then digs deeper to find out how these different models formed in the first place. He discovers a deep web of intertwined government institutions which have been shaped over decades and centuries by each individual country's culture. It turns out that transplanting a different way of doing things from one country to another is just not that simple - but does that mean politicians should just give up trying to do something different? Producer: Richard Fenton-Smith.
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Folge vom 09.06.2014What Does Putin Want?There's a new government in Kiev and Crimea is firmly in Russian hands. The political map of eastern Europe has changed dramatically in the last few months. But are Moscow's actions in the Ukraine crisis evidence of a long-term strategy to reassert Russia as a world power? Or are they the actions of a weakened government scrabbling to keep up with events?Edward Stourton investigates whether Vladimir Putin, former KGB Colonel and holder of a black belt in Judo, is playing a strategic game of chess , or just a high-stakes game of poker.Contributors:Anne Applebaum, historian Anna Arutunyan, author of The Putin Mystique Mary Dejevsky, columnist for The Independent Valery Korovin, Deputy Director, Eurasia Movement Sir Roderick Lyne, former UK ambassador to Russia Sergey Markov, Director of the Institute of Political Studies, Moscow Vyacheslav Nikonov, Member of the Russian State Duma Gleb Pavolovsky, senior political adviser to Boris Yeltsin and co-founder of the Foundation for Effective Politics, Moscow Mikhail Smetnik, Official Moscow City GuideProducer: Luke Mulhall.