“…Looked at on a comparative basis, though most industrialised nations have been affected by global economic competition and recession, they have not all capitulated to New Right nationalism and economic realism (Hyland, 1994). Countries and economies with strong commitments to growth, planning, social policy and investment (Holland, France, Germany, Belgium, Sweden, Denmark, Singapore, Malaysia and Japan) have been relatively more successful then those (the USA, Britain, Australia, New Zealand and Canada) which have 'downsized' their economies in response to recession.…”