The Decline of British Economic Power Since 1870This book was first published in 1981. |
From inside the book
Page 2
... competitors, Germany and the USA (see Tables 3 and 4, pp. 140-1). What was particularly disturbing was the deceleration in the rate of growth of manufactured exports (measured in constant prices) from 3-3 per cent per annum between 1853 ...
... competitors, Germany and the USA (see Tables 3 and 4, pp. 140-1). What was particularly disturbing was the deceleration in the rate of growth of manufactured exports (measured in constant prices) from 3-3 per cent per annum between 1853 ...
Page 6
... competition, British industrialists chose the weakest and most conservative course of action, entering new but ... competitive position simply because it possesses the considerable advantages of accumulated technical expertise and the ...
... competition, British industrialists chose the weakest and most conservative course of action, entering new but ... competitive position simply because it possesses the considerable advantages of accumulated technical expertise and the ...
Page 7
... competition where it was most severe. Rather than improve the efficiency of their businesses and develop new lines of production British entrepreneurs remained obstinately committed to the staple trades, content to limit their ...
... competition where it was most severe. Rather than improve the efficiency of their businesses and develop new lines of production British entrepreneurs remained obstinately committed to the staple trades, content to limit their ...
Page 8
... competitors, British firms were generally too small to offer attractive and competitive credit facilities: few commercial travellers were employed and, as many a consular report lamented, techniques of salesmanship were crude and ...
... competitors, British firms were generally too small to offer attractive and competitive credit facilities: few commercial travellers were employed and, as many a consular report lamented, techniques of salesmanship were crude and ...
Page 9
... competing hypotheses. The first is essentially a variant of the 'early start' thesis, but whereas the latter lays stress on the purely technological barriers to innovation, the former attaches greater weight to social and psychological ...
... competing hypotheses. The first is essentially a variant of the 'early start' thesis, but whereas the latter lays stress on the purely technological barriers to innovation, the former attaches greater weight to social and psychological ...
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