Going South Why Britain will have a Third World Economy by 2014 [Paperback]

With a second recession looming, Britain is facing a moment of truth. This book examines how the leader of the industrial revolution came to exhibit the features of a 'developing country'; chronic debt, volatile growth and vulnerability to external events. Going South explains how this has happened, arguing that the time for quick fixes is over.Introduction: Decline and Fall June 1914: A Snapshot June 2014: Lagos-on-Thames Welcome to the Beautiful South A Century of Failure Win Some, Lose Some Into Free Fall: The No-Strategy Strategy The Great Reckoning Hanging on in There Desperately Seeking Sweden After the Illusions

'Elliott and Atkinson issued a prescient warning in Fantasy Island about the UK economy at a time when most commentators believed Gordon Brown's claim that he had abolished boom and bust. This book is another splendid polemic in the same mould, bursting with provocative ideas.' - Paul Ormerod, economist and author of Positive Linking and Why Most Things Fail'

'For over a century, Britain has been in denial about its decline. Unless it accepts the reality and gets its acts together soon, it may well join the South, that is, the developing world. That is the chilling message of this book, which you will start reading with incredulity but almost certainly close with the shocking realisation that it may well be right. Written with verve and edge, based on a profound understanding of Britain's history and full of insights about the economics, politics and popular culture of today's Britain, this book is an extremely powerful and sobering wake-up call for a nation that has lived off its past glory for too long.' - Ha-Joon Chang, Faculty of Economics, University of Cambridge, and the author of Bad Samaritans and 23 Things They Don't Tell You About Capitalism

'Atkinson and Elliott are savagely effective critics of the historic failure of Thatcher and Blair to check national decline in a world where our managerial anló˜