The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 3
... industries as cotton textiles, coalmining, iron and steel, and possibly general engineering.4 Measures of efficiency based upon the productivity of labour are only a partial indicator of the efficiency of a country's productive ...
... industries as cotton textiles, coalmining, iron and steel, and possibly general engineering.4 Measures of efficiency based upon the productivity of labour are only a partial indicator of the efficiency of a country's productive ...
Page 10
... industries - cotton textiles and coalmining - will suffice to illustrate the nature of the argument. The cotton textile industry had been the most important growth sector in the early stages of the Industrial Revolution. By 1830 it ...
... industries - cotton textiles and coalmining - will suffice to illustrate the nature of the argument. The cotton textile industry had been the most important growth sector in the early stages of the Industrial Revolution. By 1830 it ...
Page 11
... industry.49 The second illustration of the alternative approach to assessing standards of entrepreneurship is of particular significance. Coal ... mining technology militated against efficient production and, as resort was ... industry. At ...
... industry.49 The second illustration of the alternative approach to assessing standards of entrepreneurship is of particular significance. Coal ... mining technology militated against efficient production and, as resort was ... industry. At ...
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Page 13
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Contents
1 | |
Growth and Stagnation | 24 |
Recovery on the Dole | 57 |
the Bankrupt State | 82 |
the Political Economy of Failure | 105 |
Statistical Tables | 137 |
Notes | 160 |
Bibliography | 185 |
Index | 201 |
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Common terms and phrases
2nd series American Bacon and Eltis balance of payments Bank of England Blackaby boom Bretton Woods Britain Britain’s economic Britain’s international British economy British industry capital cent coalmining Coalmining Industry competition considerable cost cotton countries country’s currency current account De-industrialisation decline deficit depression dollar domestic economic growth Economic History economic policy empire employment Europe European exchange expenditure exports factors favour foreign Germany gold standard government’s Harrod Howson ibid Imperial Preference important income increased inflation international economy interwar period J. M. Keynes Keynes Keynes’s Keynesian lend-lease loan London major manufacturing industry ment million Moggridge Monetary Policy Montagu Norman multilateral ofthe organisation output political position postwar prewar primary producing problem productivity programme protectionism rate of growth reduction reproduced by permission rise role Second Labour Government sector Skidelsky staple industries Sterling Area structure Table reproduced tariff trade union Treasury