A comparative study of the UK Government’s employment crisis responses to the cases of the 2008 financial crash and the Covid-19 Pandemic.

In just over 10 years, the UK, a Western, democratic, industrialised nation has experienced two economic crises that have been unrivalled in the last 100 years of economic history; the 2008 Financial Crisis and the 2020 Covid-19 Pandemic. The 2008 financial crisis is often discussed in terms of the extremity of its impact on the British economy, specifically in its status of inflicting the largest accumulative financial loss since the Post-War period. This is an accolade it has held until the crisis induced by the Covid-19 pandemic. Both crises were unexpected and far-reaching in their consequences, resulting in the British Government introducing unparalleled policies to protect the health of its population and economy. This thesis seeks to explore welfare policy responses to economic crises in the United Kingdom. An extensive literature review is presented, covering the present academic discussion around welfare and crisis management. This thesis uses a most-similar research design...Show moreIn just over 10 years, the UK, a Western, democratic, industrialised nation has experienced two economic crises that have been unrivalled in the last 100 years of economic history; the 2008 Financial Crisis and the 2020 Covid-19 Pandemic. The 2008 financial crisis is often discussed in terms of the extremity of its impact on the British economy, specifically in its status of inflicting the largest accumulative financial loss since the Post-War period. This is an accolade it has held until the crisis induced by the Covid-19 pandemic. Both crises were unexpected and far-reaching in their consequences, resulting in the British Government introducing unparalleled policies to protect the health of its population and economy. This thesis seeks to explore welfare policy responses to economic crises in the United Kingdom. An extensive literature review is presented, covering the present academic discussion around welfare and crisis management. This thesis uses a most-similar research design to compare two crisis situations in the same country, to assess the success of the policies based on the two measurements of generosity and coverage. The focus will be on the design, implementation and outcome of the reactive employment policies in two distinct cases.Show less

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A comparative study of the UK Government’s employment crisis responses to the cases of the 2008 financial crash and the Covid-19 Pandemic.