Key Figures 2007 EUR 22572 EUROPEAN COMMISSION Directorate-General for Research

Total Page:16

File Type:pdf, Size:1020Kb

Key Figures 2007 EUR 22572 EUROPEAN COMMISSION Directorate-General for Research ISBN 92-79-03450-2 Towards a European Research Area Science, Technology and Innovation Key Figures 2007 EUR 22572 EUROPEAN COMMISSION Directorate-General for Research Key Figures 2007 Towards a European Research Area Science, Technology and Innovation STRENGTHENING THE FOUNDATIONS OF THE EUROPEAN RESEARCH AREA Support for the coherent development of policies 2007 EUR 22572 EN Europe Direct is a service to help you find answers to your questions about the European Union Freephone number (*): 00 800 6 7 8 9 10 11 (*) Certain mobile telephone operators do not allow access to 00 800 numbers or these calls may be billed. LEGAL NOTICE: Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use which might be made of the following information. The views expressed in this publication are the sole responsibility of the author and do not necessarily reflect the views of the European Commission. A great deal of additional information on the European Union is available on the Internet. It can be accessed through the Europa server (http://europa.eu.int). Cataloguing data can be found at the end of this publication. Luxembourg: Office for Official Publications of the European Communities, 2007 ISBN 92-79-03450-2 © European Communities, 2007 Reproduction is authorised provided the source is acknowledged. Printed in Belgium Printed on white chlorine-free paper Key Figures 2007 3 EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR RESEARCH Commissioner: Janez Potočnik Director General: J. M. Silva Rodríguez The Directorate-General for Research initiates, develops and follows the Commission’s political initiatives for the continued advancement of the European Research Area. It conceives and implements the necessary Community actions, in particular the Framework Programmes of the European Community for research, technological development and demonstration activities. It also contributes to the implementation of the revised Lisbon Strategy for Growth and Jobs. Directorate C “European Research Area: Knowledge-based economy” (Director: Isi Saragossi) is responsible for developing/coordinating policies and measures to promote the realisation of ERA and promote investment in research at EU, national and regional level. This is achieved by under- taking monitoring analyses, impact assessments and foresight studies to support policy initiatives, by enhancing the effectiveness and coherence of national and EU research policies and their articulation with other policies (competition, intellectual property rights, education, innovation etc…) and by developing actions for the modernisation of universities and the improvement of research careers. The overall aim of these actions is to make Europe more attractive for investments in research and to increase the effectiveness of its research system by improving framework conditions and increasing the leverage effect of public spending on private R&D. “Key Figures 2007” was prepared in Unit C03 “Analysis and monitoring of national research policies and the Lisbon strategy” of DG Research (Head of Unit: Xabier Goenaga) by Vincent Duchêne (principal author), Matthieu Delescluse, Maud Skäringer, Antonio Puente Rodero and Dermot Lally. This Unit is responsible for the monitoring and assessment of national research policies in the context of the Lisbon Strategy. The Open Method of Coordination is applied to the 3 % objective for more investment in Research in EU-27 by supporting mutual learning, peer review and concerted policy actions between Member States and regions. It also contributes to the identification of important issues with a strong trans-national dimen- sion which could benefit from mutually reinforcing actions at national and EU levels. Unit C03 would like to acknowledge their gratitude to the many colleagues within Directorate C, DG Research and other Commission services for their comments and suggestions on earlier drafts of this report. In addition, DG Estat, Unit F04 (‘Science, Technology, Innovation, Education and Culture Statistics’) is thanked for its contribution to the drafting of two sub-sections (sections II.2: ‘Human Resources in Science and Technology’ and II.4: ‘Technological Output’). URL: http://ec.europa.eu/invest-in-research/monitoring/statistical01_en.htm. Key Figures 2007 4 EUROPEAN COMMISSION STATISTICAL OFFICE OF THE EUROPEAN COMMUNITIES (EUROSTAT) Commissioner: Joaquín Almunia Director-General: Hervé Carré Eurostat –part of the European Commission – is the Statistical Office of the European Communities and is situated in Luxembourg. Eurostat’s mis- sion is to provide the European Union with a high-quality statistical information service. The data and indicators produced for the European Union should enable comparisons between countries and regions in Europe and beyond. A solid base of reliable and objective statistical data is essential for decision-makers at EU level, in Member States, in local government and in all business sectors. The public and media also rely on relevant statistics to provide an accurate insight into important aspects of contemporary society. Eurostat Directorate F “Social Statistics and Information Society” (Director: Michel Glaude) includes unit F04, responsible for education, science and culture statistics. This unit also carries the responsibility for EU Statistics on Science, Technology and Innovation. The latter statistical domain covers R&D statistics, Community Innovation Statistics, statistics on Human Resources in Science and Technology, statistics on the Career Development of Doctorate Holders, Patent statistics and statistics on High-Tech industries and Knowledge-Based services. Much of the data used in the Key Figures publication of the Directorate General for Research is taken from EU Statistics on Science, Technology and Innovation (STI statistics). Beyond the data itself, Eurostat also contributed to the drafting of two sections of this year’s edition (sections II.2: ‘Human Resources in Science and Technology’ and II.4: ‘Technological Output’). All EU STI statistics are available free of charge from the Eurostat website under “Science and technology”. The data and tables disseminated are struc- tured in the domains listed above, and are updated regularly. Furthermore Eurostat also releases its own publications, such as the Panorama on Sci- ence, Technology and Innovation in Europe and periodical “Statistics in Focus” booklets on STI statistics. URL: http://epp.eurostat.ec.europa.eu/ Key Figures 2007 5 Preface The EU’s top priority is to improve quality of life, boost economic growth and create jobs – all in a sustainable way, of course! This can only be achieved through far-reaching reforms that will transform Europe into a dynamic knowledge economy, providing excellent education, undertaking top research and defining a space for creativity and innovation. Knowledge and innovation are increasingly primary factors for European competitiveness. The transformation of Europe into a dynamic knowledge-based economy is the objective of what is known as the “Lisbon” agenda of structural reforms since 2000. In this framework, at the European Summit held in Barcelona in March 2002, European Heads of State and Government set themselves the goal of increasing Europe’s overall level of investment in research to 3 % of GDP by 2010, and of raising the share of research funded by business. Since then, re- search and innovation appears at the top of the agenda in almost all the National Reform Programmes prepared by the Member States as part of a renewal of the Growth and Jobs Strategy. The 2007 edition of Key Figures presents official data on the evolution of R&D activities up to 2005 and the trends are worrying. After a period of slow but continued growth at the end of the nineties, R&D intensity in the 27 EU countries stagnated in 2001-2002 and even decreased slightly after that. In 2005, only 1.84 % of GDP was invested in R&D in the EU, well below the 3 % Barcelona objective. Of course, there are differences within the EU and some Member States have managed to make considerable headway in boosting their R&D investment in recent years. Globalisation is a reality and knowledge is more evenly distributed than ever before. In 1993 the EU, Japan and the US dominated the world scene, ac- counting for some 83% of total R&D expenditure. By 2005, that figure had declined to 72%. The EU is still the largest producer of scientific knowledge but we lag behind the US in citation impact in all scientific disciplines and EU Universities are underrepresented in the rankings of the world’s top Universities. Europe may indeed lose its opportunity to become a leading global knowledge-based economy, but I am convinced that the situation can be reversed if we react quickly and strongly. In 2005 and 2006, almost all EU Member States made a commitment to increase their R&D intensities, a very welcome development. There is no doubt that the EU has many excellent research centres and many competitive firms. However, one of the main reasons for the EU’s mediocre R&D performance is the fragmentation across national borders of the European research system. This has prevented the creation of a European ‘Internal Market’ for research, where researchers, technology and knowledge can freely circulate. The creation of a true European Research Area would allow us to organise the European research system so that its full potential is harnessed. The result would be a Europe where it is much more attractive to be a researcher and invest in
Recommended publications
  • Divisions of Labour: Rethinking Europe’S Migration Policy Divisions of Labour: Rethinking Europe’S Migration Policy
    migration_cover_091008:Mise en page 1 09/10/2008 13:02 Page 1 Divisions of labour: rethinking Europe’s migration policy policy migration Europe’s rethinking labour: of Divisions The European Union is confronted with major immigration challenges. There Divisions of labour: are mounting immigration pressures from poorer countries, Europe is falling behind in the global competition for talent and it also needs to sustain its humanitarian commitment to accommodate refugees. Further, there are major integration problems as the aspirations of second generation migrants rethinking Europe’s are often frustrated. Crucially, there is disagreement about what should be done and at what level – EU or national? migration policy This Bruegel Blueprint attempts to answer these controversial questions against the background of the European ‘pact on immigration’ set to be adopted under the 2008 French EU presidency. It recommends that the EU focus on high-skilled legal migration, irregular migration and humanitarian BY JAKOB VON WEIZSÄCKER migration while low-skilled legal immigration and integration policies should remain a national remit. Among several specific proposals is a strengthening of the EU ‘Blue Card’, a term originally coined by Bruegel and now a key part of the EU policy debate on how best to attract skilled migrants to Europe. Jakob von Weizsäcker is a research fellow at Bruegel. A migration policy specialist, he coined the term 'Blue Card' for a European scheme to attract SERIES BLUEPRINT BRUEGEL high-skilled immigrants. He joined Bruegel from the World Bank in Washington where he was Country Economist for Tajikistan. His research interests include immigration, social insurance, ageing and economic development.
    [Show full text]
  • Taxation and Development - a Comparative Study Ius Comparatum - Global Studies in Comparative Law
    Ius Comparatum – Global Studies in Comparative Law Karen B. Brown Editor Taxation and Development - A Comparative Study Ius Comparatum - Global Studies in Comparative Law Volume 21 Series Editors Katharina Boele-Woelki, Bucerius Law School, Germany Diego P. Fernandez Arroyo, Institut d’Études Politiques de Paris, Sciences Po, France Founding Series Editors Jürgen Basedow, Max Planck Institute for Comparative and International Private Law, Germany George Bermann, Columbia University School of Law, USA Editorial Board Bénédicte Fauvarque-Cosson, Université Panthéon-Assas, Paris 2, France Joost Blom, University of British Columbia, Canada Giuseppe Franco Ferrari, Università Bocconi, Milan, Italy Toshiyuki Kono, Kyushu University, Fukuoka, Japan Marek Safjan, Court of Justice of the European Union, Luxembourg Jorge Sanchez Cordero, Mexican Center of Uniform Law, Mexico Ulrich Sieber, Max Planck Institute for Foreign and International Criminal Law, Germany More information about this series at http://www.springer.com/series/11943 Académie Internationale de Droit Comparé International Academy of Comparative Law Karen B. Brown Editor Taxation and Development - A Comparative Study Editor Karen B. Brown George Washington University Law School Washington, DC, USA ISSN 2214-6881 ISSN 2214-689X (electronic) Ius Comparatum - Global Studies in Comparative Law ISBN 978-3-319-42155-1 ISBN 978-3-319-42157-5 (eBook) DOI 10.1007/978-3-319-42157-5 Library of Congress Control Number: 2016962635 © Springer International Publishing Switzerland 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed.
    [Show full text]
  • Fact Sheets of Mexico
    Fact sheet on Individual Efforts Made towards the Achievement of the Bogor Goals: Mexico Major Achievements incl. Significant Progress Status in 1996 Status in 2009 after the Mid-term Stocktake and Example of Best Practices 1. Tariffs (1) Import-weighted average 9.8 0.89 Mexico has published Decrees to modify its Most Favoured applied tariff rate. Nation (MFN) import duties and to simplify its import tariff regime. The tariff modifications principal purposes are to reduce the impact of the contraction on international markets; to strengthen domestic competitiveness; to encourage investment; to contribute to industrial development, including for SMEs; and to improve transparency on the operations of international trade by the rationalization of the tariff structure. (2) Simple average of MFN applied 13.3 9.6 Mexico is conducting a tariff simplification initiative on a tariff Most Favored Nation basis, which will bring the average tariff for all goods down to 6.0% (4.3% for industrial goods) by 2013. (3) Tariff average, based on import 13.8 11.4 tariff revenue (4) Zero tariff lines as a percentage 14.3% 22.9% Mexico has recently accelerated its pace of liberalization; of all tariff lines 58.3% of Mexico’s total tariff lines (12,147 tariff lines) will be free of duties by 2013. (5) Zero tariff imports as a 45.0% 93.0% percentage of all imports (6) Standard deviation for applied 13.4 14.8 tariff (7) Transparency in tariff regime Mexico participated in Information is available in the Every single law, regulation, procedure and administrative 1 Major Achievements incl.
    [Show full text]
  • (STRAPAC) Strategic Partnerships Key Action 2 Sector: Adult
    STRATEGIC PARTNERSHIP FOR REPRESENTATIVES OF RELIGIOUS COMMUNITIES (STRAPAC) Strategic Partnerships Key Action 2 Sector: Adult Education PROJECT NUMBER 2017-1-RO01-KA204-037397 Deliverable ΙΟ.2 This project has been funded with support from the European Commission. This document reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. 1 Regional Development Foundation Cuprins Prologue ............................................................................................................................ 4 Introduction ....................................................................................................................... 6 STRAPAC project objectives .............................................................................................. 6 Centre for Dialogue between Sciences and Theology ....................................................... 6 Regional Development Foundation ................................................................................... 7 MF Norwegian School of Theology in Oslo........................................................................ 7 The Local Action Group del Ducato ................................................................................... 7 The Aristotle University of Thessaloniki ............................................................................ 8 PART A. THEORY ...................................................................................................................
    [Show full text]
  • World Development Report 1984
    Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized World DevelopmentReport1984 World DevelopmentIndicators Population DataSupplement Population ChangeandDevelopment Recovery orRelapseintheWorldEconomy? World Development Report 1984 Published for The World Bank Oxford University Press Oxford University Press NEW YORK OXFORD LONDON GLASGOW TORONTO MELBOURNE WELLINGTON HONG KONG TOKYO KUALA LUMPUR SINGAPORE JAKARTA DELHI BOMBAY CALCUTTA MADRAS KARACHI NAIROBI DAR ES SALAAM CAPE TOWN © 1984 by the International Bank for Reconstruction and Development/The World Bank l8l8HStreet, N.W, Washington, D.C. 20433 U.S.A. First printing July 1984 All rights reserved. No part of this publication may he reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Oxford University Press. Manufactured in the United States of America. The denominations, the classifications, the boundaries, and the colors used in maps in World Development Report do not imply on the part of The World Bank and its affiliates any judgment on the legal or other status of any territory, or any endorsement or acceptance of any boundary. ISBN 0-19-520459-X cloth ISBN 0-19-520460-3 paperback ISSN 0163-5085 The Jibrary of Congress has cataloged this serial publication as follows: World development report. 1978- tNew York] Oxford University Press. v. 27cm. annual. Published for The World Bank 1.Underdeveloped areasPeriodicals.2. Economic development Periodicals I.International Bank for Reconstruction and Development. HC59. 7. W659 330. 9'l 72 '4 78-67086 Foreword This Report is the seventh in this annual series that governments and their peoples have a wide assessing development issues.
    [Show full text]
  • Research and Policy Perspectives on Internal and International
    The opinions expressed in the report are those of the authors and do not necessarily reflect the views of the International Organization for Migration (IOM) and Social Science Research Council (SSRC). The designations employed and the presentation of material throughout the report do not imply the expression of any opinion whatsoever on the part of IOM and SSRC concerning the legal status of any country, territory, city or area, or of its authorities, or concerning its frontiers or boundaries. _______________ IOM is committed to the principle that humane and orderly migration benefits migrants and society. As an intergovernmental organization, IOM acts with its partners in the international community to: assist in meeting the operational challenges of migration; advance understanding of migration issues; encourage social and economic development through migration; and uphold the human dignity and well-being of migrants. International Organization for Migration 17 route des Morillons 1211 Geneva 19 Switzerland Tel: +41.22.717 91 11 Fax: +41.22.798 61 50 E-mail: [email protected] Internet: http://www.iom.int The Social Science Research Council is an independent, not-for-profit, international organization founded in 1923. Based in New York City, the Council promotes social science understandings of issues of public concern. The Migration Program seeks to foster international and collaborative research on the origins, processes, and outcomes of migration throughout the world. Social Science Research Council 810 Seventh Avenue New York, NY 10019 USA Tel: +212.377.2700 Fax: +212.377.2727 E-mail: [email protected] Internet: http://www.ssrc.org _______________ ISBN 978-92-9068-434-3 © 2008 International Organization for Migration (IOM) and Social Science Research Council (SSRC).
    [Show full text]
  • An Economic and Social History of the Netherlands, 1800–1920 Demographic, Economic and Social Transition
    An Economic and Social History of the Netherlands, 1800–1920 Demographic, Economic and Social Transition Michael Wintle published by the press syndicate of the university of cambridge The Pitt Building, Trumpington Street, Cambridge, United Kingdom cambridge university press The Edinburgh Building, Cambridge CB2 2RU, UK www.cup.cam.ac.uk 40 West 20th Street, New York, NY10011-4211, USA www.cup.org 10 Stamford Road, Oakleigh, Melbourne 3166, Australia Ruiz de Alarco´n 13, 28014 Madrid, Spain © Michael Wintle 2000 This book is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 2000 Printed in the United Kingdom at the University Press, Cambridge Typeset in Plantin 10/12pt [vn] A catalogue record for this book is available from the British Library Library of Congress Cataloguing in Publication data Wintle, Michael J. An economic and social history of the Netherlands, 1800–1920: demographic, economic, and social transition / Michael Wintle. p. cm. Includes bibliographical references and index. ISBN 0 521 78295 3 1. Netherlands – Economic conditions. 2. Netherlands – Social conditions. 3. Demography – Netherlands – History. 4. Netherlands – Population – History. 5. Netherlands – Statistic, Vital. I. Title. HC323.W56 2000 306'.09492–dc21 99-086453 ISBN 0 521 78295 3 hardback Contents List of plates x List of Wgures xi List of tables xii Acknowledgements xv General
    [Show full text]
  • Local Financial Autonomy in Theory and Practice: the Impact of Fiscal Decentralisation in Hungary
    Although financial autonomy is a recurrent notion in the literature on Theory and Practice in Autonomy Local Financial Krisztina Beer-Tóth fiscal federalism and decentralisation, it has seldom been the focus of scientific analysis. This book explores the meaning of financial autonomy at subnational levels of government, its relationship with the principle of subsidiarity, as well as its impact on the three economic branches of government activity: allocation, distribution, and stabilisation. The major contribution of the book is a structured overview of the factors that may potentially impinge on the freedom Local Financial Autonomy of subnational authorities with regard to their budget decisions. This analytical tool may help pave the way towards the elaboration in Theory and Practice of more accurate techniques for measuring subnational financial autonomy in future. A tentative application of the new theoretical framework is provided in the second part of the book that delves into the complex issues of municipal revenue and expenditure autonomy in Hungary after 1990. The Impact of Fiscal Decentralisation in Hungary Krisztina Beer-Tóth Thesis presented to the Faculty of Economics and Social Sciences at the University of Fribourg Switzerland in fulfilment of the requirements for the degree of Doctor of Economics and Social Sciences Accepted by the Faculty Council on 27 May 2009 at the proposal of Professor Dr Bernard Dafflon (first advisor) and Professor Dr George Guess (second advisor) Fribourg 2009 ISBN 978-3-033-02165-5 Local Financial Autonomy in Theory and Practice Local Financial Autonomy in Theory and Practice The Impact of Fiscal Decentralisation in Hungary Thesis presented to the Faculty of Economics and Social Sciences at the University of Fribourg Switzerland in fulfilment of the requirements for the degree of Doctor of Economics and Social Sciences by Krisztina Beer-Tóth from Budapest.
    [Show full text]
  • II Context and Dimensions of Population and Development
    FOR PARTICIPANTS ONLY REFERENCE DOCUMENT DDR/2 10 September 2009 ORIGINAL: ENGLISH Economic Commission for Latin America and the Caribbean (ECLAC) United Nations Population Fund (UNFPA) Regional Seminar "Key advances and actions for the implementation of the Cairo Programme of Action, 15 years after its adoption" 7 - 8 October 2009 REVIEW AND APPRAISAL OF THE IMPLEMENTATION OF THE CAIRO PROGRAMME OF ACTION IN THE CARIBBEAN (1994-2009) This document was presented at the Caribbean subregional meeting to asses the implementation of the Programme of Action of the International Conference on Population and Development (ICPD) 15 years after its adoption, took place in St John's, Antigua and Barbuda, on the 20 and 21 August 2009. The views expressed in this document, which has been reproduced without formal editing, are those of the authors and do not necessarily reflect the views of the Organization. Table of Contents A. Introduction ...................................................................................................................................................... 3 B. Context and Dimensions of Population and Development............................................................................... 5 1. Population Trends in the Caribbean..................................................................................................... 5 2. Economic Trends in the Caribbean...................................................................................................... 7 3. Social trend in the Caribbean..............................................................................................................
    [Show full text]
  • 1. the Italian Baptists and the Eight Per Thousand Funds
    THE ITALIAN BAPTISTS AND THE EIGHT PER THOUSAND FUND The 40th General Assembly of UCEBI in June 2008 resolved, through act 30, to take advantage of the opportunities offered by law 222/85. Act 30/AG/08 UCEBI application to the eight per thousand [...] [...] The Assembly decides to take advantage, for humanitarian, social and cultural purposes, of the opportunities offered by law 222/85, also opting for unexpressed quotas, considering that this determination does not contradict the identity of a religious minority like the Baptists who supports the separation of Church and State [...] This decision took place after more than fifteen years of intense and passionate assembly debate. Law n. 222/85 was born after the revision of the Concordat between the Italian Republic and the Holy See (1984). The articles 47 and 48 of this law of revision state: Art. 47 [...] Starting from the financial year 1990 a portion equal to eight per thousand of personal income tax ... is intended for religious purposes directly managed by the Catholic Church. The destinations ... are established on the basis of the choices expressed by taxpayers in the annual declaration of income. In case of choices not expressed by taxpayers, the destination is established in proportion to the choices expressed. Art. 48 The quotas referred to in art. 47 ... are used ... by the Catholic Church for needs of worship of the population, support of the clergy, charitable interventions in favor of the national community or third world countries. The system outlined by Law 222/85 was also applied to all other religious confessions with agreement, in accordance with Article 8 of the Constitution.
    [Show full text]
  • Philanthropy in a Secular Society Benjamin Bittschi, Sarah Borgloh, and Berthold U
    Dis cus si on Paper No. 16-021 Philanthropy in a Secular Society Benjamin Bittschi, Sarah Borgloh, and Berthold U. Wigger Dis cus si on Paper No. 16-021 Philanthropy in a Secular Society Benjamin Bittschi, Sarah Borgloh, and Berthold U. Wigger Download this ZEW Discussion Paper from our ftp server: http://ftp.zew.de/pub/zew-docs/dp/dp16021.pdf Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar. Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. Philanthropy in a secular society Benjamin Bittschi KIT Karlsruhe and ZEW Mannheim∗ Sarah Borglohy Berthold U. Wigger KIT Karlsruhe, ZEW Mannheim, and CESifo Munichz February 2016 Abstract In this study we investigate the relationship between religious and charitable giving. We test how income, the tax-price of giving and the German church tax, differently affect charitable donations of church members, individuals leaving church and non- church members. We find crowding in between the church tax and charitable giving for church members, but not for the church-leavers.
    [Show full text]
  • Western Europe
    Western Europe Great Britain T JLHE GENERAL election in March 1966 returned the Labor party to power with a working majority of 100, as against the knife-edge margin of three which had forced Prime Minister Harold Wilson to rely on Liberal sup- port during the previous year. The election was fought out between the party leaders on national television. Local issues and candidates counted for less than ever before. Despite a detailed and appealing platform, Edward Heath, the new Con- servative leader failed to live down the distaste of the electorate for his party's choice of Sir Alec Douglas-Home as its previous leader. Harold Wil- son received credit for 15 months of skillful government with an active but moderate legislative program. A seamen's strike during the summer, rising home demand, and overheat- ing of the economy precipitated severe balance-of-payments difficulties and devaluation rumors. These were dealt with by very stringent and unpopular deflationary measures. Large tax increases, budgetary expenditure reductions, and orthodox financial restraints were coupled with new laws prohibiting price and wage rises. By year's end, unemployment had risen and business profit- ability had declined, the booming prosperity of the Southeast being less af- fected than that of the areas dependent on engineering and heavy industry. The new tax increases can be expected to bite hard into British domestic prosperity in 1967. Large finds of natural gas were made under the North Sea and the York- shire mainland, promising Britain a major relief from her dependence on imported fuel. New antitrust laws were passed requiring the prior consent of the Mo- nopolies Commission for any large business merger.
    [Show full text]