The Decline of British Economic Power Since 1870This book was first published in 1981. |
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... continued to grow after 1870 but at a declining rate, both in relation to what had been achieved earlier in the century and in comparison with Britain's principal overseas competitors, Germany and the USA (see Tables 3 and 4, pp. 140–1) ...
... continued to grow after 1870 but at a declining rate, both in relation to what had been achieved earlier in the century and in comparison with Britain's principal overseas competitors, Germany and the USA (see Tables 3 and 4, pp. 140–1) ...
Page 2
... continued to grow after 1870 but at a declining rate , both in relation to what had been achieved earlier in the century and in comparison with Britain's principal overseas competitors , Germany and the USA ( see Tables 3 and 4 , pp ...
... continued to grow after 1870 but at a declining rate , both in relation to what had been achieved earlier in the century and in comparison with Britain's principal overseas competitors , Germany and the USA ( see Tables 3 and 4 , pp ...
Page 19
... 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 . In the British case , the annual net ouflow of funds ...
... 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 . In the British case , the annual net ouflow of funds ...
Page 20
... continued to import large quantities of manufactures , a balance - of - payments adjustment was required.78 The evolving pattern of international trade meant that by 1913 Britain was dependent for the stability of its entire payments ...
... continued to import large quantities of manufactures , a balance - of - payments adjustment was required.78 The evolving pattern of international trade meant that by 1913 Britain was dependent for the stability of its entire payments ...
Page 21
... continued to rise and the prices of their products remained high the impact of foreign industrial com- petition would be blunted . But in the event of a serious downturn in their economies resulting from recession in the industrialised ...
... continued to rise and the prices of their products remained high the impact of foreign industrial com- petition would be blunted . But in the event of a serious downturn in their economies resulting from recession in the industrialised ...
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Common terms and phrases
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