Author: Sir Alec Cairncross
Publisher: Springer
ISBN: 1349139440
Category : Business & Economics
Languages : en
Pages : 318
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Book Description
In Managing the British Economy in the 1960s Sir Alec Cairncross, who was Economic Adviser to HMG in 1961-64 and Head of the newly-created Government Economic Service in 1964-69, tells the inside story of the making of economic policy under four Chancellors of the Exchequer between 1960 and 1970, first under a Conservative government then under a Labour government. He describes how the Treasury dealt with a whole succession of crises and experimented with many new departures of policy over the decade: for example, the efforts to engage in long-term planning, form a workable incomes policy, make use of new taxes for new purposes and enter the European Community. In parallel with the 1990s, the story is dominated by the effort to avoid devaluation followed by the struggle to make it work and keep the pound from sliding further.
Author: Richard Bailey
Publisher: Taylor & Francis
ISBN: 100090637X
Category : Business & Economics
Languages : en
Pages : 109
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Book Description
First published in 1968 Managing the British Economy attempts to trace the development of what has passed for economic planning in Britain in the 1960’s and, at the same time, to observe the activities of those engaged in the operation and the effect of their actions on business and industry. In writing this book, the author has had in mind the difficulties of businessmen in keeping track of ‘who does what’ in the Economy. Experience in industry and in the field of management education has shown him that managers often have difficulties in placing their own operations in the national context and he attempts here to help the reader understand how the system works in practice. How do the new arrangements tie in with the old? How does any government influence the running of the economy? What kind of system are we moving towards? This is a must read for scholars and researchers of British economy and economic history of Britain.
Author: Nicholas Woodward
Publisher: Manchester University Press
ISBN: 9780719049804
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
Since 1945 British governments have played an active role in managing the economy in the interests of securing high employment, economic growth and low inflation with their approach evolving in response to changing economic circumstances, intellectual shifts and past policy failures. This book provides an overview of economic management, particularly financial management, and addresses how it has changed and why it has not always been successful. It examines the actual policies that were introduced, the problems that various governments faced in implementing them and how the approach to policymaking changed. It also examines the main phases of economic policymaking and the conduct of policymaking, as there is a widespread consensus that until recently, short-run economic management could have been more successful than it was.
Author: Scott Newton
Publisher: Routledge
ISBN: 1351666525
Category : History
Languages : en
Pages : 323
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Book Description
The Reinvention of Britain 1960–2016 explores the transformation of contemporary Britain, tracing its evolution from the welfare state of the post-1945 era to social democracy in the 1960s and 1970s and the liberal market society of 1979 onwards. Focusing primarily on political and economic change, it aims to identify which elements of State policy led to the crucial strategy changes that shaped British history over the past six decades. This book argues that since 1960 there have been two reinventions of the political economy of the United Kingdom: a social-democratic shift initiated by the Conservative government of Harold Macmillan and developed by Labour under Harold Wilson, and a subsequent change of direction towards a free market model attempted by the Conservatives under Margaret Thatcher. Structured around these two key policy reinventions of the late twentieth century, chapters are organized chronologically, from the development of social democracy in the early 1960s to the coalition government of the early 2010s, the Conservative election win that followed and the ‘Brexit’ referendum of 2016. Providing a comprehensive yet accessible introduction to the political and economic history of this period, The Reinvention of Britain 1960–2016 is essential reading for all students of contemporary British history.
Author: Lawrence Black
Publisher: Routledge
ISBN: 1351959174
Category : History
Languages : en
Pages : 282
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Book Description
During an election speech in 1957 the Prime Minister, Harold Macmillan, famously remarked that 'most of our people have never had it so good'. Although taken out of context, this phrase soon came to epitomize the sense of increased affluence and social progress that was prevalent in Britain during the 1950s and 1960s. Yet, despite the recognition that Britain had moved away from an era of rationing and scarcity, to a new age of choice and plenty, there was simultaneously a parallel feeling that the nation was in decline and being economically outstripped by its international competitors. Whilst the study of Britain's postwar history is a well-trodden path, and the paradox of absolute growth versus relative decline much debated, it is here approached in a fresh and rewarding way. Rather than highlighting economic and industrial 'decline', this volume emphasizes the tremendous impact of rising affluence and consumerism on British society. It explores various expressions of affluence: new consumer goods; shifting social and cultural values; changes in popular expectations of policy; shifting popular political behaviour; changing attitudes of politicians towards the electorate; and the representation of affluence in popular culture and advertising. By focusing on the widespread cultural consequences of increasing levels of consumerism, emphasizing growth over decline and recognizing the rising standards of living enjoyed by most Britons, a new and intriguing window is opened on the complexities of this 'golden age'. Contrasting growing consumer expectations and demands against the anxieties of politicians and economists, this book offers all students of the period a new perspective from which to view post-imperial Britain and to question many conventional historical assumptions.
Author: Hugh Pemberton
Publisher: Springer
ISBN: 0230504752
Category : Political Science
Languages : en
Pages : 274
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Book Description
Why did Britain's economic policy revolution in the 1960s achieve so little? Drawing on the latest political science theories of policy networks and policy learning, Hugh Pemberton outlines a new model of economic policy making and then uses it to interrogate recently-released government documents. In explaining both the radical shift in policy and its failure to achieve its full potential, this book has much to say about the problems of British governance throughout the whole of the postwar period.
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author: Richard F. Kuisel
Publisher: CUP Archive
ISBN: 9780521273787
Category : History
Languages : en
Pages : 374
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Book Description
Author: Stephen Broadberry
Publisher: Cambridge University Press
ISBN: 1107070783
Category : Business & Economics
Languages : en
Pages : 503
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Book Description
This is the first systematic quantitative account of British economic growth from the thirteenth century to the Industrial Revolution.
Author: A. Booth
Publisher: Springer
ISBN: 0230800602
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
This book examines the management of technical change in manufacturing and services through an explicit political-economic framework. It examines the management of automation in Britain and America since 1950, and it applies the same useful framework to explore the impact of Japanization on both Britain and the US in the 1980s and 1990s.
