The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 2
... reduction in the following decade (see Table 3, p. 140). From 1890 to the outbreak of the First World War, industrial productivity grew extremely slowly at an average annual rate of 0*25 per cent as compared with 1-87 per cent from the ...
... reduction in the following decade (see Table 3, p. 140). From 1890 to the outbreak of the First World War, industrial productivity grew extremely slowly at an average annual rate of 0*25 per cent as compared with 1-87 per cent from the ...
Page 5
... reducing the stimulus to invest in innovation. Although the climacteric thesis has much to commend it, it can only be of ... reduction in the British share of world markets. As Lord Kaldor has pointed out, in commenting on the general ...
... reducing the stimulus to invest in innovation. Although the climacteric thesis has much to commend it, it can only be of ... reduction in the British share of world markets. As Lord Kaldor has pointed out, in commenting on the general ...
Page 12
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Page 17
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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