The Impact Of Global Financial Crisis On The United Kingdom

7067 words - 28 pages

The impact of the National Health Service on the United KingdomIntroductionThis report will look at the National Health Service, which is a significant part of the current welfare state in the United Kingdom. It is for people who would like to know more about health system of contemporary Britain. In this paper, it will begin by looking at the healthcare background and reforms, and will show how the NHS has affected British citizens. Finally, according to the current healthcare system, brief conclusions are drawn.OutlineIt is well known that the United Kingdom is a welfare state. A welfare state means a government that provides a range of policy and public facilities so that all citizens can have a good life. However, in terms of the welfare state in the United Kingdom, when the first welfare state was established is a subject of intense debate. The objectives of the welfare state were announced in 1942 by William Beveridge, the architect of the post-war welfare reforms, as the abolition of 'Want, Idleness, Squalor, Ignorance and Disease', by which he meant poverty, unemployment, poor housing, and lack of access to decent education and health care (Abercrombie, et al. 2000, p. 429). The period from 1945 to 1970 is known as the 'golden age' of the welfare state. In terms of health care, it is a significant part of welfare from the past to now.The most spectacular feature of the welfare state was the National Health Service (NHS) introduced by Bevan in 1946, and coming into effect in July 1948 (Morgan 2000). The ideal of the National Health Service was that all citizens could get medical and dental services for free, such as hospitals, doctors, nurses, dentists, ambulance services and other health facilities. Before the NHS was established, some British citizens suffer from poor health and cannot afford adequate medical treatment. Although the National Health Insurance (NHI), which provided financial benefit in times of unemployment for insured workers in specified industries, was implemented in the 1940s, dependants - non-working wives and children were excluded from the scheme (Baggott, 2000). In order to change this bad situation, Beveridge wrote that 'the purpose of victory is to live in a better world than the old world each individual is more likely to concentrate upon his war effort if he feels that his government will be ready with plans for that better world.' in his December 1942 report (Alderman, 1986, p. 230). On 9 February 1948, Bevan urged ministers and doctors to 'take pride in the fact that, despite our financial and economic anxieties, we are still able to do the most civilised thing in the world: put the welfare of the sick in front of every other consideration' in parliament (NHS Choices, 2008).The NHS has been reformed several times and the significant changes were happened in 1980S and 1997. In 1980S, the previous system of management in the NHS was replaced by the modern management processes (General Management), which were...

Find Another Essay On The Impact Of Global Financial Crisis On The United Kingdom

The Global Financial Crisis Essay

618 words - 2 pages the worst financial crisis since the Great Depression of 1930. Called “Occupy Wall Street”, the movement drew the attention of the media the world over. But what are the causes of the global financial crisis? How did we, or our governments, let it happen? The protesters seem to have found an answer. They blame but one thing: greed. According to protesters in London, it is the fault of the banking industry. Worse yet they blame their government

The Global Financial Crisis Essay

2812 words - 11 pages system ongoing to fail. On the one hand a lot of people are worried that those accountable for the financial problems are the ones mortal bailed out, at the same time as on a worldwide financial render down will have an effect on the livelihood of approximately everybody in a more and more inter-connected globe. Financial institutions “As global financial institutions and systems develop and evolve” (allen, 2001). Financial institution gives

The Global Financial Crisis

1000 words - 4 pages The global financial crisis has brought wide-ranging changes to consumer spending behaviour and consumption patterns throughout the world with the economic downturn impacting on the spending and purchasing power of people. The findings of a study conducted by Booz and Company in 2008 on consumer spending behaviour revealed that, firstly, the unprecedented confluence of the dramatic rise in oil prices, the substantial deterioration of housing

impact of global financial crisis on banking sector

1904 words - 8 pages be separated into few types which included commercial banks, Islamic banks, International Islamic banks, investment banks and other financial institutions. In this study, it will mainly focus on the level of efficiency of Islamic banks and conventional banks which located in Malaysia within the period of 2003 to 2012. It is used to determine what does the impact of the Global Financial Crisis brings on the banking industry. Based on the statistic

impact of global financial crisis on banking sector

2820 words - 11 pages , 2011). On the other hand, the asset quality is important to determine the level of lending business of the banks (Australian Bankers’ Association Inc, 2011) and the liability management can be used to determine the credit risk of a bank and its’ solvency level (Masruki, Ibrahim, Osman and Wahab, 2011). Since the objective is used to compare the efficiency level of Islamic bank and conventional bank before and after the Global Financial Crisis


3488 words - 14 pages THE IMPACT OF DIFFERENT PARTY SYSTEM CONFIGURATIONS ON HEALTH CARE REFORM IN THE UNITED KINGDOM AND GERMANY INTRODUCTION The Labour Party in the United Kingdom (UK) continues to come under fire. The National Health Service (NHS) reform that has been carried since 1997 scroll reap endless wave of protests. The updated protests recorded on 10 November 2013, which criticized the amount of salary received by 428 very senior managers in the NHS

Describe the general development of financial accounting regulation in the United Kingdom from 1970 to the present day.

1039 words - 4 pages , preparers, and auditors of financial information.' To help them achieve this aim, the ASB issue 'Financial Reporting Standards'. These are broadly similar to the SSAP's, which were issued by the ASC, however they are designed to be rather more specific, with each FRS relating to an individual area of accounting. To date, there have been no fewer than 17 FRS's issued - the last one being done on the 7th December 2000, entitled 'Deferred Tax

The contemporary Great Recession and the global financial crisis

953 words - 4 pages , psychologists, anthropologists and other experts in academic, financial, economic and other fields of research are still analysing the contemporary global financial crisis. There is ample information on the new world recession, and upcoming documentations are bringing new knowledge on this newsworthy issue and topical research subject. While some researchers are focusing on the recession at national levels such as on the economy of the United

Global Financial Crisis

2164 words - 9 pages globalization, the results of the financial crisis affected countries on a global placing not only the American market in unstable fluctuation but also the world’s economy. Explanations for the causes of the financial crises In 2011, the Financial Crisis Inquiry Commission that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States", published a report on the causes of the

Bank CEO Incentives and the Global Financial Crisis

3331 words - 13 pages board independence. Since banks were at the center of the financial crisis, attention must be paid to the interaction of compensation structures, the corporate governance system at large and bank-specific regulation only little empirical evidence on the recent crisis suggests that regulation of the banking sector had an impact on bank risk taking (Beltratti and Stulz, 2012). The current financial crisis is well matched for figure out the

How Qantas Was Affected by the Global Financial Crisis

1240 words - 5 pages Contents 1) Executive Summary 2) Background 3) Aspect and issues 4) Body 5) Recommendation 6) Conclusion 7) References Executive Summary The purpose of this report is to show how Qantas was affected by global financial crisis. Qantas is the second oldest airlines in the world. It is one of the tough competitors for other airlines. But Qantas was affected badly during the crisis

Similar Essays

The Impact Of Global Financial Crisis On The United Kingdom

2669 words - 11 pages present age, people have more healthy lifestyles than before and people are staying healthier than the past because of the National Health Service.     On the other hand, the United Kingdom government understood that British citizens could get much better health in good general socio-economic, cultural and environmental conditions. The UK government made more efforts to provide a good comprehensive welfare system. People benefited from

The Global Financial Crisis And Its Impact

2217 words - 9 pages looking more optimistic in the short term as their economies were not as integrated into the global financial market system. Nevertheless, the escalated impact of the crisis did affect the real economy of developing countries especially on the export-orientated nations. As the demand of goods and services has been weakening from the developed countries, the output of manufacturing or services companies decreased, which directly related to the

The Impact Of The Global Financial Crisis On The Australian Economy

2936 words - 12 pages confidence plummeted which in turn deteriorated consumption. Throughout the month of September and into October, the financial crisis spread from the United States to Europe, and all around the global economy, with economies contracting in growth. In response to the most challenging global economic conditions since the Great Depression, the 2009-2010 Budget and the Economic Stimulus Plan focused on nation building and was crafted to boost

Impact Of The Current Global Financial Crisis On Human Resource Management

2484 words - 10 pages Financial Crisis and Human Resource Management in Thailand: The impact on Equity Perceptions Institution Studies of Management & Organisation, 34(1), 83-103 Aycan, Z. & Kabasakal, H (2006). Social Contract and Perceived Justice of Workplace Practices to Cope With Financial Crisis, Group & Organization Management, 31(4), 469-502 Cohn K.H. & Newbold, P.A. (2009). Innovation in the Face of the Economic Recession, Journal of Healthcare