The Decline of British Economic Power Since 1870This book was first published in 1981. |
From inside the book
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Page 1
... structure of world trade . The current account of the balance of payments was heavily in surplus and the exchange stability of the pound sterling unquestioned . The economy , moreover , was currently experiencing a phase of cyclical ...
... structure of world trade . The current account of the balance of payments was heavily in surplus and the exchange stability of the pound sterling unquestioned . The economy , moreover , was currently experiencing a phase of cyclical ...
Page 2
... structure of the balance of payments , for example , is the growing merchandise trade deficit . In terms of both volume and value , imports were growing more rapidly than exports , a situation which rendered the country increasingly ...
... structure of the balance of payments , for example , is the growing merchandise trade deficit . In terms of both volume and value , imports were growing more rapidly than exports , a situation which rendered the country increasingly ...
Page 3
... structural change in favour of higher productivity sectors and a general lag in technical progress.7 The distinctive nature of Britain's industrial structure was in fact one of the most outstanding features of the pre - 1914 economy ...
... structural change in favour of higher productivity sectors and a general lag in technical progress.7 The distinctive nature of Britain's industrial structure was in fact one of the most outstanding features of the pre - 1914 economy ...
Page 4
... structural transforma- tion since there were , in fact , quite marked changes in the distribution of the occupied ... structure of the labour force contributed little to the growth of the economy.11 Britain's faltering growth ...
... structural transforma- tion since there were , in fact , quite marked changes in the distribution of the occupied ... structure of the labour force contributed little to the growth of the economy.11 Britain's faltering growth ...
Page 8
... structure of British industry arguably precluded the establishment of the direct selling and overseas distributive organisations which were such an important factor in aiding the expansion of German and American manufactured exports ...
... structure of British industry arguably precluded the establishment of the direct selling and overseas distributive organisations which were such an important factor in aiding the expansion of German and American manufactured exports ...
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 Bank Review Blackaby boom Bretton Woods Britain Britain's Economic Prospects British Economy British industry British Overseas Business History Cambridge capital cent competition considerable cotton countries country's currency D. H. Aldcroft De-industrialisation decline deficit Depression dollar economic growth Economic History Review Economic Journal Economic Policy empire employment Europe European exchange expenditure exports factors favour foreign Germany gold standard Howson ibid Imperial Preference important income increased inflation international economy J. M. Keynes John Maynard Keynes Keynes lend-lease Lloyds Bank manufacturing industry million Moggridge Monetary Policy Montagu Norman multilateral National organisation output Oxford political position postwar prewar primary producing problem protectionism recovery reduction reproduced by permission return to gold Richardson rise role Second Labour Government sector Skidelsky staple industries Sterling Area structure Table reproduced tariff trade union Treasury