British Economic Performance 1945-1975 (New Studies in by B. W. E. Alford

By B. W. E. Alford

The talk over "Britain in decline" nonetheless rages within the educational, political and public spheres. during this concise undergraduate publication, B.W.E. Alford examines Britain's fiscal improvement inside of a framework of political, social and cultural components, together with subject matters reminiscent of the alleged strategy of deindustrialization, the function of sterling, hard work kin and the impression of presidency coverage. Professor Alford presents a transparent and crucial advent to the topic, but indicates how advanced and deep-rooted are the factors of the "British Disease."

Show description

Read or Download British Economic Performance 1945-1975 (New Studies in Economic and Social History) PDF

Similar economic conditions books

The Political Economy of Ethnic Conflict in Sri Lanka: Economic Liberalization, Mobilizational Resources, and Ethnic Collective Action (Routledge Contemporary South Asia Series)

On the aspect of independence in 1948, Sri Lanka was once projected to be a hit tale within the constructing global. in spite of the fact that, in July 1983 a violent ethnic clash which pitted the Sinhalese opposed to the Tamils begun, and didn't come to an finish till 2009. This clash resulted in approximately 50,000 combatant deaths and nearly 40,000 civilian deaths, in addition to nearly 1 million internally-displaced refugees and to the everlasting migration out of the country of approximately 130,000 civilians.

Vietnam's Reforms and Economic Growth

Vietnam's daring fiscal reforms initiated lower than the name of Doi Moi in 1986 have produced fantastic monetary results that have interested economists, enterprise humans, trade scholars, political scientists and executive advisors alike around the world. This booklet surveys very important features of those advancements, analyses the most contributing elements, offers valuable references on constructing and transitional economies, and info soundly researched customers in alternate, funding and enterprise during this new speedily constructing industry financial system in East Asia.

Capitalism by Gaslight: Illuminating the Economy of Nineteenth-Century America (Early American Studies)

Whereas elite retailers, financiers, shopkeepers, and consumers have been the main obvious manufacturers, shoppers, and vendors of products and capital within the 19th century, they have been by no means by myself in shaping the economic system. Lurking within the shadows of capitalism's prior are those that made markets by way of navigating a number new monetary tools, details structures, and modes of transactions: prostitutes, purchasers in used items, mock auctioneers, unlawful slavers, traffickers in stolen horses, emigrant runners, pilfering dock staff, and different usual those who, via their transactions and lives, helped to make capitalism up to it made them.

Economia Bancaria, 1st Edition

Los autores realizan un análisis exhaustivo y actualizado de las teorías microeconómicas de l. a. intermediación financiera. Este estudio consigue ser a los angeles vez riguroso y ameno. Hace tiempo que hacía falta un libro como éste, que debería ser de lectura obligatoria,

Teoría y Política Monetaria - UNCP

Extra resources for British Economic Performance 1945-1975 (New Studies in Economic and Social History)

Example text

Analyses of a number of them have drawn attention to government constraints on investment through holding down prices [Ashworth, 1986], imposing unfavourable borrowing terms and, in some cases, outright refusal to sanction borrowing [Pryke, 1981]. But it is difficult to see these factors as amounting to an absolute restriction when put against the equally well recorded government support for overcapacity and inefficient working. In sum, the general impression to be gained from the literature is that industrial profits were slimmed over the period, but by nothing like as much as bald balance sheet figures suggest, and that an easing in the cost of finance over the 1960s was followed by a hardening in the early 1970s.

For the Treasury this presented a golden opportunity to recover its traditional dominance which it had lost during the war. The danger to be avoided was inflation. Hence the emphasis was on orthodoxy and sound finance rather than on theory. In this sense, Keynes's General Theory may well be regarded as self-defeating in terms of its impact on political economy. Many of the prescriptions were congenial to the tight hand and narrow intelligence of the Treasury because they laid stress on fiscal policy and underwrote macroeconomic adjustment as against any form of microeconomic planning or direction.

The fact that important elements in the Labour Party were thinking in these terms marked a major shift from the ideals expressed in the party's 1945 election manifesto, Let Us Face The Fmure: '[we shall] plan from the ground up, giving an appropriate place to constructive enterprise and private endeavour in the national plan'. Such ideals were grandiose both in their conception and in relation to the practicalities of post-war reconstruction. But the idea of the mixed economy was hardly less grandiose.

Download PDF sample

Rated 4.76 of 5 – based on 38 votes