Liverpool and Britain dependent on other countries Essay

Liverpool and Britain dependent on former(a) countries - Essay ExampleAlthough the exact moment of globalization occurring in Liverpool is a highly debatable head teacher considering the length of Britains history and its extensive involvement in world affairs, it could be send that the election of New Labour in 1997 marked the rapid acceleration of the period. With Tony Blairs successful efforts to remake the at formerly left-wing, anti-free trade Labour party into a pro-market moderate party, Britain decided to go full steam up with economic global integration. Britain got its economic act together just as globalization was accelerating, in the novel 1980s. It has managed to catch and ride the current wave successfully, selling the world financial and business services where once it sold cotton textiles and machines. Shifting earlier and more decisively than most countries out of mass manufacturing, where it had some advantages over lower-cost competitors, to more easily defe nded high-value-added goods and services gave it an edge. Margaret Thatchers painful union-bashing left Britain with flexible labour markets at a time when countries such as France and Germany are struggling with unbudgetable workers and high unemployment. Britain has always been a trading nation. Liverpool has been a central part of that history. Founded by King John in the 12 century, the city has been an im wayant port for a very long time. In the 19th century it became, along with Manchester, the first two British cities connected by railway, allowing the quick transport of goods to market.