First Sentence:
In the last two decades, under the impact of increasing international integration and two oil shocks, the developed world has suffered broad structural changes in its economy.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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wage aggressiveness, public fixed capital formation, excluding privatization proceeds, public business sector, conservative economic strategy, electoral dilemmas, high social wage, social democratic cabinets, broad electoral coalition, public capital spending, public capital formation, electoral dimensions, social concertation, socialist cabinet, public investment strategy, partisan governments, socialist control, most unskilled workers, different economic strategies, social democratic project, nonmanual manual, coordinated economies, partisan model, mortgage interest relief, public investment policies
Key Phrases - Capitalized Phrases (CAPs):
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United Kingdom, Spanish Socialist, New Zealand, Tory Party, United States, Labour Party, General Election, European Union, Northern European, Routine Skilled Partly, Southern Europe, Economic Surveys, Sir Keith Joseph
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