Coping with Recession: UK Company Performance in Adversity

by Paul A. Geroski, Paul Gregg

Overview

The main issues examined in the book are what makes companies vulnerable to recessionary pressures; how companies typically respond to these pressures; how recessionary pressures have been transmitted back into labor markets and what kinds of institutional changes they have induced and, finally, whether recessionary pressures stimulate innovative activity. Having surveyed more than 600 of the U.K.'s leading companies, and made innovative use of microeconomic analysis, the authors are able to provide the most comprehensive answers yet, to this contentious area of economic debate.

Product Details

ISBN-13:	9780521622769
Publisher:	Cambridge University Press
Publication date:	10/02/1997
Series:	National Institute of Economic and Social Research Economic and Social Studies , #38
Pages:	216
Product dimensions:	6.30(w) x 9.25(h) x 0.75(d)

Table of Contents

1. Introduction; 2. The recession curve; 3. Company performance over the business cycle; 4. Changes in corporate strategy and structure; 5. The labour market in recession; 6. Innovative activity; 7. Conclusions; Appendix.