The Decline of British Economic Power Since 1870This book was first published in 1981. |
From inside the book
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Page 2
... productivity (calculated by dividing the number of operatives into the index of industrial production) registered a sharp fall in the 1880s with a further reduction in the following decade (see Table 3, p. 140). From 1890 to the ...
... productivity (calculated by dividing the number of operatives into the index of industrial production) registered a sharp fall in the 1880s with a further reduction in the following decade (see Table 3, p. 140). From 1890 to the ...
Page 3
... productivity of labour are only a partial indicator of the efficiency of a country's productive processes. A more all-embracing concept applicable to the economy as a whole is that of total factor productivity, a measure specifically ...
... productivity of labour are only a partial indicator of the efficiency of a country's productive processes. A more all-embracing concept applicable to the economy as a whole is that of total factor productivity, a measure specifically ...
Page 4
... productivity with the result that intersectoral shifts in the structure of the labour force contributed little to the growth of the economy.11 Britain's faltering growth performance has led many economic historians to conclude that the ...
... productivity with the result that intersectoral shifts in the structure of the labour force contributed little to the growth of the economy.11 Britain's faltering growth performance has led many economic historians to conclude that the ...
Page 5
... productivity can be fulfilled by a small number of 'leading sectors' with a high rate of innovation, but in a relatively mature economy it is far more likely that productivity growth is dependent upon technological advances, often of a ...
... productivity can be fulfilled by a small number of 'leading sectors' with a high rate of innovation, but in a relatively mature economy it is far more likely that productivity growth is dependent upon technological advances, often of a ...
Page 8
... productive organisations created a barrier of communication between manufacturer and customer, a major disadvantage in promoting the sale of advanced technical products rather than relatively simple consumer goods.33 Thus the fragmented ...
... productive organisations created a barrier of communication between manufacturer and customer, a major disadvantage in promoting the sale of advanced technical products rather than relatively simple consumer goods.33 Thus the fragmented ...
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