The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 17
... multilateral settlement . Since these were linked only through the UK , a redirection of the flow of British lending could prevent the transmission of trade recession from one area to another.71 From about 1890 onwards , the pattern of ...
... multilateral settlement . Since these were linked only through the UK , a redirection of the flow of British lending could prevent the transmission of trade recession from one area to another.71 From about 1890 onwards , the pattern of ...
Page 18
... multilateral settlement which developed after 1890. These years coincided with the ' high summer ' of the international gold standard , a period which witnessed the final triumph of gold as the basic means of settling international ...
... multilateral settlement which developed after 1890. These years coincided with the ' high summer ' of the international gold standard , a period which witnessed the final triumph of gold as the basic means of settling international ...
Page 19
... multilateral settlement after 1890. It enabled the USA and industrial Europe to finance their purchases of primary products by exporting manufactures to Britain . In the same way that British overseas investment provided international ...
... multilateral settlement after 1890. It enabled the USA and industrial Europe to finance their purchases of primary products by exporting manufactures to Britain . In the same way that British overseas investment provided international ...
Page 20
... multilateral settlement of their accounts in the 1880s ' . Furthermore , America's own exports of foodstuffs began to decline after 1900 with the result that Britain , obliged to seek alternative supplies , began to develop trade ...
... multilateral settlement of their accounts in the 1880s ' . Furthermore , America's own exports of foodstuffs began to decline after 1900 with the result that Britain , obliged to seek alternative supplies , began to develop trade ...
Page 41
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2nd series American Bacon and Eltis balance of payments Bank of England Blackaby boom Bretton Woods Britain Britain's economic British economy British industry British Overseas Cambridge capital cent Coalmining Industry competition considerable cost cotton countries country's currency current account D. H. Aldcroft De-industrialisation decline deficit depression dollar economic growth Economic History Review economic policy empire employment Europe European exchange expenditure factors favour foreign Germany gold standard government's Howson ibid Imperial Preference important income increased inflation international economy interwar period J. M. Keynes John Maynard Keynes Keynes lend-lease loan London major manufacturing industry ment million Moggridge Monetary Policy multilateral organisation output political position postwar prewar primary producing problem programme protectionism rate of growth recovery reduction reproduced by permission rise Robert Skidelsky role Second Labour Government sector Skidelsky staple industries Sterling Area structure Table reproduced tariff trade union Treasury