The 2009 edition of OECD's periodic review of the UK economy. This edition focuses on policies to overcome the crisis and includes chapters on restoring sound public finances, an economic health check of the National Health Service, financial stability, and structural policies to promote sustainable long-term growth.
Executive Summary Assessment and Recommendations Chapter 1. Policies to Overcome the Crisis -The economy is in a severe downturn -Policy needs to repair credit supply and boost activity Chapter 2. Restoring Sound Public Finances -Recent fiscal performance -Outlook for net lending and government debt -The fiscal framework -Criticisms of the fiscal rules -Options for reformulated fiscal rules Chapter 3. The National Health Service (NHS): An Economic Health Check -The English health care system -Health system performance -Health care reforms -Conclusions and recommendations Chapter 4. Financial Stability: Banking on Prudence -Some background on banking sector developments -Banking regulation -Bank reglation -Supervision -Policies for crisis management and resolution -Systemic risk and macroprudential regulation -Strengthening banking regulation and supporting financial stability Chapter 5. Structural Policies to Promote Sustainable Long-Term Growth -Introduction -Work prospects for the least skilled need to be enhanced -Better education achievement would help narrow socio-economic gaps -Annex 5.A1. Progress in Structural Reform