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1、The UK Economy,Names:张彤 孙靖萱 樊晓云 Class: 英1403 Date: Mar.18 2015,History The UK was once the largest economy in the world.19th century-Peak The end of World War II-Been weakened,2 periods of strong economic performancethe Prime Ministership of Margaret Thatcherthe New Labour government came to power i
2、n 1997,Today,UKs economy is one of the Europes largest system. It is a developed nation that now stands at a risk of being seriously affected by recession. Recent UK economic data reveals a lot about how Global Economic Crisis of 2008 has AFFECTED its economy.,GDP,Exports and imports,Inflation,GDP,I
3、n third quarter of 2008, gross domestic product of UK contracted by 0.6 percent.,Exports and Imports,In 2007, total UK exports amounted to around $320 billion, total UK imports amounted to about $451 billion.,Inflation,Consumer price index annual inflation in UK was around 4.1% in November 2008.,Tip
4、s: CPI-consumer price index 消费物价指数 RPI-retail price index 零售物价指数,The feature in economy of the UK,A. Privatisation(私有化),A. privatisation(私有化）,1.before the privatisation policy (before 1979) Many enterprises and business were state-owned, such as steel, telecom(电信）, gas , aerospace（航空航天工业），bank of En
5、gland, oil business, transport service,steel,telecom,oil,They were state-owned,However, problems appearedGreat losses（亏损）High cost of productionHigh rates of inflation(通货膨胀）d. Low labor productivity(劳动生产率） ( the labor productivity was 40% lower than it was in private enterprise then)e. Slow growth i
6、n economy At this time, a woman came onto the stage,which brought a turning point in UKs history,Margaret Hilda Thatcher 撒切尔,Born in 1925The first female prime minister in UK historyThe first female prime minister in Europe,Margaret Hilda Thatcher,She carried out an extensive programe of privatisati
7、on throughout the 1980s.Many state-owned enterprises became privately owned under this policy. State-owned privately owned,State-owned privately ownedMain reason:Needs of tax cut to promote economic development and increase the efficiency of company2. Difficulty in finance of the government3. Other
8、people think that it had some relation with the fight among the parties,Associated British Ports 英国联合港口公司,英国石油公司,telecom,航空无线电公司,steel,They all became privately owned,coal,Electric system,Water conservancy,More than 40% state-owned enterprises became privately owned,What was the result? ,a. Inflatio
9、n came under controlb. Companies were more efficient, producing the same amount with less workers.c. Loss became making profitsLabor productivity increasedRapid increase in unemployment.,Rates of inflation通货膨胀率,Labor productivity,Economic growth,unemployment,Before22%,After5%,before,after,before,aft
10、er,before,After12%,7.7%,Main introductions,The manufacturing industry,Tourism,The manufacturing industry pictures show,We can see the development and advancement in manufacturing industry of England. Now I will give you a brief introduction about this.,Next, follow me!Lets go to UK for a visit!,Big
11、Ben,Buckingham Palace,British Museum,Tower Bridge,London Eye,Britain is a world economic power, is one of the earliest countries to develop tourism.In 1840, Thomas Cook organized the first trains train travel activities, marking the birth of the tourism industry in the UK first.,The UK economy can b
12、e broken down into three main areas: primary industries, such as agriculture, fishing, and mining; secondary industries, which manufacture complex goods from those primary products; and tertiary industries, often described as services, such as banking, insurance, tourism, and the selling of goods.,Conclusion,http:/www.telegraph.co.ukhttp:/http:/www.wikipedia.org,References,That is all.Thanks for listening.,
