The Decline of British Economic Power Since 1870This book was first published in 1981. |
From inside the book
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 ...
Page 6
... exports of manufactures.22 Like the 'climacteric', the 'early start' thesis is not without an element of plausibility, especially when applied to individual industries (the railways being the classic examples of interrelatedness), but ...
... exports of manufactures.22 Like the 'climacteric', the 'early start' thesis is not without an element of plausibility, especially when applied to individual industries (the railways being the classic examples of interrelatedness), but ...
Page 8
... 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'.34 ...
... 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'.34 ...
Page 9
... export demand - were as much to blame as entrepreneurial weakness.41 It is also worth noting that Britain did manage to retain an impressive international lead down to 1914 in a number of industries, ranging from the armaments sector of ...
... export demand - were as much to blame as entrepreneurial weakness.41 It is also worth noting that Britain did manage to retain an impressive international lead down to 1914 in a number of industries, ranging from the armaments sector of ...
Page 10
... exports and the figure was still as high as 24• 1 per cent in 1913. Whilst few historians would deny that the pre ... export trade in the latest equipment before 1914. But in their apparent resistance to technological innovation it may ...
... exports and the figure was still as high as 24• 1 per cent in 1913. Whilst few historians would deny that the pre ... export trade in the latest equipment before 1914. But in their apparent resistance to technological innovation it may ...
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