The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 3
... 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 processes. A more all-embracing concept ...
... 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 processes. A more all-embracing concept ...
Page 10
... 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 accounted for 50*7 per cent of the ...
... 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 accounted for 50*7 per cent of the ...
Page 11
... industry's productive units.53 In 1914, nearly two-thirds of all the coal produced came from collieries which had been projected before 1875. The fact that they had been sunk in an earlier period of mining technology militated against ...
... industry's productive units.53 In 1914, nearly two-thirds of all the coal produced came from collieries which had been projected before 1875. The fact that they had been sunk in an earlier period of mining technology militated against ...
Page 12
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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