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The debate over 'Britain in Decline' is one that still rages in the academic, political and public spheres. In this concise study, B. W. E. Alford takes issue with those economists who have a mechanistic approach to the subject. Instead, he examines Britain's economic development since the Second World War within a wider framework of political, social and cultural factors. He discusses topics such as post-war reconstruction, the theory of 'too few producers', the alleged process of de-industrialisation, the role of sterling, business organisation and management, labour relations and the impact of government policy on Britain's economic development. Professor Alford provides a clear introduction to the subject along with a survey of recent literature, yet shows how complex and deep-rooted are the causes of the 'British Disease'.
This compelling volume re-examines the topic of economic growth in Europe after the Second World War. The contributors approach the subject armed not only with new theoretical ideas, but also with the experience of the 1980s on which to draw. The analysis is based on both applied economics and on economic history. Thus, while the volume is greatly informed by insights from growth theory, emphasis is given to the presentation of chronological and institutional detail. The case study approach and the adoption of a longer-run perspective than is normal for economists allow new insights to be obtained. As well as including chapters that consider the experience of individual European countries, the book explores general European institutional arrangements and historical circumstances. The result is a genuinely comparative picture of post-war growth, with insights that do not emerge from standard cross-section regressions based on the post-1960 period.
This new and substantially revised edition of Britain's Economic Performance provides a unique assessment of the current state of the supply-side of the economy. Written by a team of highly experienced, policy oriented applied economists, this volume will be a valuable source of reference, analysis and guidance for students and policy-makers.
This work represents a documentary sourcebook on British economic development during the postwar years. The author provides a balanced overview of contentious themes relating to the context, dimensions, pace and consequences of Britain's relative economic decline since 1945.
Bernard Alford reviews the changing role, and diminishing influence, of Britain within the international economy across the century that saw the apogee and loss of Britain's empire, and her transformation from globe-straddling superpower to off-shore and indecisive member of the European Community. He explores the relationship between empire and economy; looks at economic performance against economic policy; and compares Britain - through and beyond the Thatcher years - with her European partners, America and Japan. In assessing whether Britain's economic decline has been absolute or merely relative, he also illuminates the broader history of the world economy itself.
A detailed account of the activities of BP, 1950-75.
The most up-to-date and comprehensive survey of recent British economic history currently available.
This is the ideal companion text to A Political History of Western Europe Since 1945. It is an introductory survey which explains how western Europe built up its postwar prosperity and is moving towards continental integration. Themes treated include: the origins of the EC; consumerism; youth culture and protest; immigration; the oil crisis and its aftermath; and the contrasting experience and expectations of the Nordic world and the Mediterranean south. The book ends with the consequences of Soviet collapse. Designed for general history students, it assumes no formal knowledge of economics, and is notably accessible and user-friendly in its approach.
This is the sixth edition of what has become the standard textbook on contemporary British political history since the end of World War II. This authoritative chronological survey discusses domestic policy and politics in particular, but also covers external and international relations. The new and improved edition of this important book brings the picture to the present by including the following additions: ʺ September 11th ʺ the Iraq war and after ʺ the election of Iain Duncan Smith DS and Michael Howard as leaders of the Conservative party ʺ the issue of immigration ʺ the new royal wedding ʺ the 2005 election ʺ the importance of China on the British stage. Britain since 1945 is essential reading for any student of contemporary British history and politics.