The Decline of British Economic Power Since 1870This book was first published in 1981. |
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... exports after 1880. By encouraging the sale of 'traditional goods in traditional markets' the merchanting system intensified industrial overcommitment 'and indirectly reduced or at least gave little encouragement to technical change ...
... exports after 1880. By encouraging the sale of 'traditional goods in traditional markets' the merchanting system intensified industrial overcommitment 'and indirectly reduced or at least gave little encouragement to technical change ...
Page 2
... exports , a situation which rendered the country increasingly dependent for the maintenance of living standards upon the receipt of invisible income derived from international business services and interest and dividends from overseas ...
... exports , a situation which rendered the country increasingly dependent for the maintenance of living standards upon the receipt of invisible income derived from international business services and interest and dividends from overseas ...
Page 3
... exporting industries as cotton textiles , coalmining , iron and steel , and possibly general engineering.4 Measures ... export markets located mainly within the British Empire , South America and Asia , and coalmining , textiles and iron ...
... exporting industries as cotton textiles , coalmining , iron and steel , and possibly general engineering.4 Measures ... export markets located mainly within the British Empire , South America and Asia , and coalmining , textiles and iron ...
Page 4
... exports helped to retard the development of such technologically sophisticated industries as electrical engineering , scientific instruments and apparatus , road vehicles and advanced chemical products . These industries were the ' wave ...
... exports helped to retard the development of such technologically sophisticated industries as electrical engineering , scientific instruments and apparatus , road vehicles and advanced chemical products . These industries were the ' wave ...
Page 5
... exports.17 Hence , subsequent retardation was largely the product of an accident of timing : the technological lull before the exploitation of the dramatic innovations of the twentieth century in electrical power , for example , and ...
... exports.17 Hence , subsequent retardation was largely the product of an accident of timing : the technological lull before the exploitation of the dramatic innovations of the twentieth century in electrical power , for example , and ...
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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