Themes in Macroeconomic History The UK Economy 1919}}}1939 [Hardcover]

Surveys the key macroeconomic questions that arise from the British economy 1919 to 1939.A comparative approach is adopted throughout this survey of the key macroeconomic questions arising from the British economy's experiences from 1919 to 1939. It was a period characterized by mass unemployment, protectionism, diverse exchange rate regimes, and the disintegration of world trade.A comparative approach is adopted throughout this survey of the key macroeconomic questions arising from the British economy's experiences from 1919 to 1939. It was a period characterized by mass unemployment, protectionism, diverse exchange rate regimes, and the disintegration of world trade.Characterized by mass unemployment, protectionism, diverse exchange rate regimes, the disintegration of the world trade, and poor long-term growth prospects, the interwar period was, by any standards, a remarkable one. This textbook provides a survey of the key macroeconomic questions that arose from the experience of the British economy from 1919 to 1939. A comparative approach is adopted throughout, placing the UK experience in the context of the world economy. The book continually applies economic theory to historical examples.Preface; 1. Epochs in economic history, 191939; 2. The exchange rate regime and UK economic performance during the 1920s; 3. Unemployment 191938; 4. Economic fluctuations 191938; 5. Exchange rate regimes and economic recovery in the 1930s; 6. Protection and economic revival in the 1930s; 7. Policy lessons of the interwar period; Glossary; Bibliography; Index. Solomos Solomou, a lecturer at Cambridge University, has written an insightful and stimulating book....It is a book that should be in the hands of graduate students in economics who aspire to become economic historians, for this is an excellent example of how such practitioners use economic theory to enlighten our understanding of past events that have molded and shaped our lives. Claire E. Morris, Southern Economilsœ