The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page
... Capital in the UK 1861-1913. 2 World Exports of Manufactured Goods. 3 Average Annual Rates of Growth of Selected Indices of the UK Economy 1860-1913. 4 Comparative Long-Term Rates of Growth 1870/1-1913. 5 UK Balance of Payments 1920-38 ...
... Capital in the UK 1861-1913. 2 World Exports of Manufactured Goods. 3 Average Annual Rates of Growth of Selected Indices of the UK Economy 1860-1913. 4 Comparative Long-Term Rates of Growth 1870/1-1913. 5 UK Balance of Payments 1920-38 ...
Page 2
... capital exports and an adverse movement in the terms of trade. For an industrial economy which had come to depend for its prosperity upon a buoyant and expanding export trade this was a serious situation and it was inevitably reflected ...
... capital exports and an adverse movement in the terms of trade. For an industrial economy which had come to depend for its prosperity upon a buoyant and expanding export trade this was a serious situation and it was inevitably reflected ...
Page 3
... capital. Total factor productivity is usually referred to as 'the residual' in so far as it measures the contribution to the growth of output of improvements in the productivity of resources after allowing for the growth of the labour ...
... capital. Total factor productivity is usually referred to as 'the residual' in so far as it measures the contribution to the growth of output of improvements in the productivity of resources after allowing for the growth of the labour ...
Page 4
... capital market, trade unions and entrepreneurs. A factor of major importance in underpinning the charge of failure is the unsatisfactory nature of those arguments based upon the 'inevitability' of retardation in a mature industrial ...
... capital market, trade unions and entrepreneurs. A factor of major importance in underpinning the charge of failure is the unsatisfactory nature of those arguments based upon the 'inevitability' of retardation in a mature industrial ...
Page 6
... capital stock. To the extent that technical advances in one sector entailed radical changes in dependent stages of production, modernisation was rendered both difficult and costly.21 Unhindered by the deadweight from the past and with a ...
... capital stock. To the extent that technical advances in one sector entailed radical changes in dependent stages of production, modernisation was rendered both difficult and costly.21 Unhindered by the deadweight from the past and with a ...
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