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Britain S Economic Prospects Reconsidered

Author: Alec Cairncross
Publisher: Routledge
ISBN: 1136589511
Size: 57.21 MB
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This book is a sequal to Britain's Economic Prospects, the report issued in 1968 by the Brookings Institution and universally accepted as the most thorough and comprehensive study of the British Economy to have ever appeared. Two years later, just after the British General election, six fo the American economists who prepared the Brookings Report met with a number of other leading economists from Britain and the United States, at a weekend conference at Ditchley Park, to review the findings of the report. Papers submitted to the conference by four of the British Economists (R.C.C. Matthews, G.D.N. Worswick, E.H. Phelps Brown and M.V. Posner) covered the same ground as the Brookings Report - the role of demand management, trade and balance-of-payments problems, labour policies, and industrial policies. The conference also had before it a fifth paper, on fiscal policy and stabilization, which took issue with some of the views expressed in the Brookings report. These papers form the core of this book, which also contains an account of the conference discussions and concluding reflections by its Chairman, Sir Alec Cairncross, formerly Chief Economic Adviser to H.M. Government. Britain's Economic Prospects Reconsidered is neither a detailed critique of the Brookings Report nor a rejoinder to it, but rather an attempt to reassess British performance and policies in the light of experience since devaluation. Its central concern is the question of why economic growth in Britain since the war has been slower than in other countries. This book was first published in 1971.

Britain And The Economic Problem Of The Cold War

Author: Till Geiger
Publisher: Taylor & Francis
ISBN: 1351954776
Size: 34.69 MB
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Many accounts of British development since 1945 have attempted to discover why Britain experienced slower rates of economic growth than other Western European countries. In many cases, the explanation for this phenomenon has been attributed to the high level of defence spending that successive British post-war governments adhered to. Yet is it fair to assume that Britain's relative economic decline could have been prevented if policy makers had not spent so much on defence? Examining aspects of the political economy and economic impact of British defence expenditure in the period of the first cold war (1945-1955), this book challenges these widespread assumptions, looking in detail at the link between defence spending and economic decline. In contrast to earlier studies, Till Geiger not only analyses the British effort within the framework of Anglo-American relations, but also places it within the wider context of European integration. By reconsidering the previously accepted explanation of the economic impact of the British defence effort during the immediate post-war period, this book convincingly suggests that British foreign policy-makers retained a large defence budget to offset a sense of increased national vulnerability, brought about by a reduction in Britain's economic strength due to her war effort. Furthermore, it is shown that although this level of military spending may have slightly hampered post-war recovery, it was not in itself responsible for the decline of the British economy.

Governing Post War Britain

Author: Glen O'Hara
Publisher: Springer
ISBN: 0230361277
Size: 33.63 MB
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Glen O'Hara draws a compelling picture of Second World War Britain by investigating relations between people and government: the electorate's rising expectations and demands for universally-available social services, the increasing complexity of the new solutions to these needs, and mounting frustration with both among both governors and governed.

Britain And Japan

Author: Kenneth Douglas Brown
Publisher: Manchester Univ Pr
Size: 51.12 MB
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Uniquely covers the economic history of Britain and Japan over the last century.

Public Policy And The Economy Since 1900

Author: Jim Tomlinson
Publisher: Oxford University Press
Size: 58.19 MB
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This comprehensive account of British economic policy since the turn of the century covers both macro and micro issues, and offers a coherent analysis of the various influences on public policy. Broadly chronological, it covers institutional aspects (such as the changing role of policy-makingministries), political debate, and economic theory.