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Robert Hall was the highly respected and influential Economic Adviser to the British government between 1947 and 1961. A former Rhodes Scholar and Oxford don, he was appointed as Director of the Economic Section, first in the Cabinet Office and then in the Treasury. This appointment came at a crucial time in the development of the modern economic state, when governments were taking on responsibility for managing the general course of the economy. This book puts a new slant on the events of these years as well as assessing Hall's role in them.

This book explores the linkages between age-related pension expenditures and the fiscal space needed to fund them, as well as to organize the mix of financing methods with different risk-sharing arrangements. After critically assessing the existing models projecting age-related expenditure in the literature, the book focuses on the case studies of these inter-linkages in four highly-populated East Asian countries, namely China, Indonesia, India, and Japan. Nearly two- fifths of the global population live in these countries. Therefore, how these inter-linkages manifest themselves and the...

The high level of unemployment in Britain in the 1980s led many people to believe that it would continue indefinitely, and many arguments were advanced to explain it. After a preliminary examination of the statistics of employment and unemployment in Britain, this book exposes the major factors determining their trends as a basis for considering the likely developments and possible options for the rest of this century. The study covers most of the explanations found in academic debate as well as in popular belief in order to place different causes of unemployment in perspective, weigh their...