Britain and the Economic Problem of the Cold War

Britain and the Economic Problem of the Cold War PDF Author: Till Geiger
Publisher: Taylor & Francis
ISBN: 1351954776
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
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.

Britain and the Economic Problem of the Cold War

Britain and the Economic Problem of the Cold War PDF Author: Till Geiger
Publisher: Taylor & Francis
ISBN: 1351954776
Category : Business & Economics
Languages : en
Pages : 372

Get Book Here

Book Description
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.

The Liberal Party and the Economy, 1929-1964

The Liberal Party and the Economy, 1929-1964 PDF Author: Peter Sloman
Publisher:
ISBN: 0198723504
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
The Liberal Party and the Economy, 1929-1964 explores the reception, generation, and use of economic ideas in the British Liberal Party between its electoral decline in the 1920s and 1930s, and its post-war revival under Jo Grimond. Drawing on archival sources, party publications, and the press, this volume analyses the diverse intellectual influences which shaped British Liberals' economic thought up to the mid-twentieth century, and highlights the ways in which the party sought to reconcile its progressive identity with its longstanding commitment to free trade and competitive markets. Peter Sloman shows that Liberals' enthusiasm for public works and Keynesian economic management - which David Lloyd George launched onto the political agenda at the 1929 general election - was only intermittently matched by support for more detailed forms of state intervention and planning. Likewise, the party's support for redistributive taxation and social welfare provision was frequently qualified by the insistence that the ultimate Liberal aim was not the expansion of the functions of the state but the pursuit of 'ownership for all'. Liberal policy was thus shaped not only by the ideas of reformist intellectuals such as John Maynard Keynes and William Beveridge, but also by the libertarian and distributist concerns of Liberal activists and by interactions with the early neoliberal movement. This study concludes that it was ideological and generational changes in the early 1960s that cut the party's links with the New Right, opened up common ground with revisionist social democrats, and re-established its progressive credentials.

War in the History of Economic Thought

War in the History of Economic Thought PDF Author: Yukihiro Ikeda
Publisher: Routledge
ISBN: 1351997017
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
Even after the experience of WWII and despite the existence of various institutions such as United Nations to avoid conflict between nations, we have not succeeded in making a world free from war. The Cold War, the Vietnam War, the intervention of the superpowers in local conflicts and the spread of terrorism have made this all too clear. This volume brings together contributions by leading international scholars of various countries and reconstructs how economists have dealt with issues that have been puzzling them for nearly three centuries: Can a war be 'rational'? Does international commerce complement or substitute war? Who are the real winners and losers of wars? How are military expenses to be funded? The book offers a refreshing approach to the subject and how we think about the relations between economics and war.

The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics PDF Author:
Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493

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Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

The Reconstruction of Western Europe 1945-51

The Reconstruction of Western Europe 1945-51 PDF Author: Alan S. Milward
Publisher: Taylor & Francis
ISBN: 9780415379229
Category : Business & Economics
Languages : en
Pages : 568

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Book Description
First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.

The Reconstruction of Western Europe 1945-1951

The Reconstruction of Western Europe 1945-1951 PDF Author: Alan S. Milward
Publisher: Routledge
ISBN: 1136592032
Category : Business & Economics
Languages : en
Pages : 561

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Book Description
First Published in 2005. The author’s intention was to write a history of the greatest economic boom in European history, of that unique, ugly and triumphant experience of the 1950s and 1960s which changed so utterly the scope of human existence and expectations as well as the consciousness of the people of western Europe. But it became clear that this extraordinary boom had one other attribute as unique as the remarkable length of time over which the growth of output, incomes and wealth lasted.

Balance-of-Payments Theory and the United Kingdom Experience

Balance-of-Payments Theory and the United Kingdom Experience PDF Author: Heather D. Gibson
Publisher: Springer
ISBN: 1349218065
Category : Business & Economics
Languages : en
Pages : 451

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Book Description
Contains a statement of balance-of-payments accounting, and a critical appraisal of balance-of-payments adjustment theory. The book also features chapters on the capital account of balance-of-payments and the theory of exchange rate determination in the United Kingdom.

The Palgrave Companion to Oxford Economics

The Palgrave Companion to Oxford Economics PDF Author: Robert A. Cord
Publisher: Springer Nature
ISBN: 3030584712
Category : Business & Economics
Languages : en
Pages : 800

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Book Description
The University of Oxford has been and continues to be one of the most important global centres for economics. With six chapters on themes in Oxford economics and 24 chapters on the lives and work of Oxford economists, this volume shows how economics became established at the University, how it produced some of the world’s best-known economists, including Francis Ysidro Edgeworth, Roy Harrod and David Hendry, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists – especially those interested in macroeconomics and the history of economic thought – with the first in-depth analysis of Oxford economics.

Balance of Payments Theory and the United Kingdom Experience

Balance of Payments Theory and the United Kingdom Experience PDF Author: A.P. Thirlwall
Publisher: Springer
ISBN: 1349183903
Category : Business & Economics
Languages : en
Pages : 337

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Book Description


Economic Planning in the British Building Industry, 1945-1949

Economic Planning in the British Building Industry, 1945-1949 PDF Author: Nathan Rosenberg
Publisher: University of Pennsylvania Press
ISBN: 1512806315
Category : History
Languages : en
Pages : 160

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Book Description
This volume undertakes the examination and appraisal of the economic controls employed by the British Labor Government in attempting to regulate the output of the building industry in the years immediately following the Second World War. An unfortunate consequence of earlier preoccupation with purely income-generating aspects of investment activity was that insufficient consideration was given to the allocation of investment resources. It was precisely this latter problem, however, which became a matter of major concern to the Labor Government. Its building program in the postwar years is examined here with particular reference to the program's peculiar structure and organization and the availability of building workers and materials. Discussion also covers the Government's administrative machinery for regulating building demand and for determining the uses to which building resources were put, as well as the priorities which the Government attempted to impose upon the industry and the consequences of specific policy decisions which were made in attempting to enforce these priorities. The British experience during the years between 1945 and 1949 provides numerous insights into the requirements and the problems associated with centralized planning of the operation of a private industry. The attempt to regulate the building industry is of increasing relevance in view of the growing recognition that nationalization is no panacea and that government planning must be more and more concerned with influencing the behavior of privately-operated industries. The importance of the present study is further enhanced by the fact that it deals with a strategic investment­ goods industry which must inevitably play a major role in the current and future "development planning" of underdeveloped countries. This work, therefore, is of special interest to economists concerned with the problems of government economic planning. Moreover, because of its strong focus upon the organizational and administrative aspects of government planning, Economic Planning in the British Building Industry is of vital interest to political scientists and all students of public administration.