The Decline of British Economic Power Since 1870This book was first published in 1981. |
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Page 18
... effects of the price - specie - flow mechanism and would thus provide an additional impetus towards external equilibrium.74 This theory of ' automatic ' balance - of - payments adjustment under the gold standard was to play an important ...
... effects of the price - specie - flow mechanism and would thus provide an additional impetus towards external equilibrium.74 This theory of ' automatic ' balance - of - payments adjustment under the gold standard was to play an important ...
Page 25
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Page 28
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Page 32
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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 cost cotton 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 loan London manufacturing industry million Moggridge multilateral National organisation output Oxford political position postwar prewar problem protectionism rate of growth 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 United Kingdom