The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 2
... important to note that there was no sustained deceleration in their rates of growth after 1870 and that there is a slight downward bias in the industrial growth figures for the later part of the period, once again the comparison with ...
... important to note that there was no sustained deceleration in their rates of growth after 1870 and that there is a slight downward bias in the industrial growth figures for the later part of the period, once again the comparison with ...
Page 4
... importance in underpinning the charge of failure is the unsatisfactory nature of those arguments based upon the 'inevitability' of retardation in a mature industrial economy. In the latter context, several observers have referred to a ...
... importance in underpinning the charge of failure is the unsatisfactory nature of those arguments based upon the 'inevitability' of retardation in a mature industrial economy. In the latter context, several observers have referred to a ...
Page 6
... importance in Britain's exports of manufactures.22 Like the 'climacteric', the 'early start' thesis is not without an element of plausibility, especially when applied to individual industries (the railways being the classic examples of ...
... importance in Britain's exports of manufactures.22 Like the 'climacteric', the 'early start' thesis is not without an element of plausibility, especially when applied to individual industries (the railways being the classic examples of ...
Page 8
... important factor in aiding the expansion of German and American manufactured exports after 1880. By encouraging the sale of 'traditional goods in traditional markets' the merchanting system intensified industrial overcommitment 'and ...
... important factor in aiding the expansion of German and American manufactured exports after 1880. By encouraging the sale of 'traditional goods in traditional markets' the merchanting system intensified industrial overcommitment 'and ...
Page 9
... important study of the mechanical engineering sector has stressed that the great majority of firms reached the third generation of control only after 1914 and the same source has further emphasised that the relative ease of entry into ...
... important study of the mechanical engineering sector has stressed that the great majority of firms reached the third generation of control only after 1914 and the same source has further emphasised that the relative ease of entry into ...
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