The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 2
In terms of both volume and value, imports were growing more rapidly than exports, a situation which rendered the country increasingly dependent for the maintenance of living standards upon the receipt of invisible income derived from ...
In terms of both volume and value, imports were growing more rapidly than exports, a situation which rendered the country increasingly dependent for the maintenance of living standards upon the receipt of invisible income derived from ...
Page 11
Between 1885 and 1900 the total value of output rose from 3 per cent of national income to 7 per cent50 (although it fell back to 4 per cent in 1905), whilst in volume terms it grew impressively from 147 million tons in 1880 to 287 ...
Between 1885 and 1900 the total value of output rose from 3 per cent of national income to 7 per cent50 (although it fell back to 4 per cent in 1905), whilst in volume terms it grew impressively from 147 million tons in 1880 to 287 ...
Page 16
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Page 23
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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