The Decline of British Economic Power Since 1870This book was first published in 1981. |
From inside the book
Page 2
... country's economic performance in the half century before 1914. One of the most outstanding features in the structure of the balance of payments, for example, is the growing merchandise trade deficit. In terms of both volume and value ...
... country's economic performance in the half century before 1914. One of the most outstanding features in the structure of the balance of payments, for example, is the growing merchandise trade deficit. In terms of both volume and value ...
Page 3
... 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 designed to compare changes in total output with average changes in inputs of ...
... 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 designed to compare changes in total output with average changes in inputs of ...
Page 4
... country's growth performance has been the enthusiasm with which its participants have sought to cast the blame for retardation. Even those who would deny the validity of a thesis of general failure have been unable to resist the ...
... country's growth performance has been the enthusiasm with which its participants have sought to cast the blame for retardation. Even those who would deny the validity of a thesis of general failure have been unable to resist the ...
Page 5
... country's 'own' or 'protected' market), the successful challenger which is able to increase its share in the world market is bound to have a faster rate of growth than that of the market as a whole and a fortiori, of the country whose ...
... country's 'own' or 'protected' market), the successful challenger which is able to increase its share in the world market is bound to have a faster rate of growth than that of the market as a whole and a fortiori, of the country whose ...
Page 6
... country in any subsequent phase of development should be able to maintain its leading competitive position simply because it possesses the considerable advantages of accumulated technical expertise and the requisite financial resources ...
... country in any subsequent phase of development should be able to maintain its leading competitive position simply because it possesses the considerable advantages of accumulated technical expertise and the requisite financial resources ...
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