The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 15
... funds overseas could hardly have been the result of an irrational rejection of the benefits to be derived from higher domestic investment . This view presupposes , of course , that the rate of return on foreign investments was higher ...
... funds overseas could hardly have been the result of an irrational rejection of the benefits to be derived from higher domestic investment . This view presupposes , of course , that the rate of return on foreign investments was higher ...
Page 19
... funds from the British economy and also because the country continued to adhere to a policy of free trade . One factor which the classical theory of the gold standard failed to take into account was the international movement of capital ...
... funds from the British economy and also because the country continued to adhere to a policy of free trade . One factor which the classical theory of the gold standard failed to take into account was the international movement of capital ...
Page 47
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Page 48
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Page 52
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2nd series American Bacon and Eltis balance of payments Bank of England Bank Review Blackaby boom Bretton Woods Britain Britain's Economic Prospects British economy British industry British Overseas Business History Cambridge capital cent competition considerable cost cotton country's currency D. H. Aldcroft De-industrialisation decline deficit depression dollar economic growth Economic History Review Economic Journal Economic Policy empire employment Europe European exchange expenditure exports factors favour foreign Germany gold standard Howson ibid Imperial Preference important income increased inflation international economy J. M. Keynes John Maynard Keynes Keynes lend-lease Lloyds Bank loan London manufacturing industry million Moggridge multilateral National organisation output Oxford political position postwar prewar problem protectionism rate of growth recovery reduction reproduced by permission return to gold Richardson rise role Second Labour Government sector Skidelsky staple industries Sterling Area structure Table reproduced tariff trade union Treasury United Kingdom