British Economic Performance 19451975 [Paperback]

A concise textbook on the post-war British economy, placing economics in a political, social, and cultural framework.Examining Britain's economic development within a framework of political, social and cultural factors, this concise undergraduate textbook includes the alleged process of deindustrialization, the role of sterling, labor relations and the impact of government policy.Examining Britain's economic development within a framework of political, social and cultural factors, this concise undergraduate textbook includes the alleged process of deindustrialization, the role of sterling, labor relations and the impact of government policy.The debate over Britain in decline still rages in the academic, political and public spheres. In this concise undergraduate book, B.W.E. Alford examines Britain's economic development within a framework of political, social and cultural factors, including topics such as the alleged process of deindustrialization, the role of sterling, labor relations and the impact of government policy. Professor Alford provides a clear and essential introduction to the subject, yet shows how complex and deep-rooted are the causes of the British Disease. Editor's preface; 1. The overall picture; 2. Post-war crises and reconstruction; 3. Industry: too few producers?; 4. The service industries; 5. Corporate structure, management and labour; 6. The role of sterling and the balance of payments; 7. Government policy and economic orthodoxy; 8. Virtuous or vicious circles?; Select bibliography; Index.