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Many accounts of British development since 1945 have attempted to discover why Britain experienced slower rates of economic growth than other Western European countries. In many cases, the explanation for this phenomenon has been attributed to the high level of defence spending that successive British post-war governments adhered to. Yet is it fair to assume that Britain's relative economic decline could have been prevented if policy makers had not spent so much on defence? Examining aspects of the political economy and economic impact of British defence expenditure in the period of the first cold war (1945-1955), this book challenges these widespread assumptions, looking in detail at the link between defence spending and economic decline. In contrast to earlier studies, Till Geiger not only analyses the British effort within the framework of Anglo-American relations, but also places it within the wider context of European integration. By reconsidering the previously accepted explanation of the economic impact of the British defence effort during the immediate post-war period, this book convincingly suggests that British foreign policy-makers retained a large defence budget to offset a sense of increased national vulnerability, brought about by a reduction in Britain's economic strength due to her war effort. Furthermore, it is shown that although this level of military spending may have slightly hampered post-war recovery, it was not in itself responsible for the decline of the British economy.
The British Economy in Transition: From the Old to the New? examines attempts at economic regeneration in areas that have experienced the decline in 'traditional' industry of recent years. The contributors also look at the impact of techno and managerial modernization strategies in industries that have survived, but have had to adapt rapidly to do
Originally published in 1982, this book examines the problem and looks at the causes of the repeated crises which the country has undergone since the war. The basic cause is stated to be the failure to invest in the modernisation of the British capital equipment and the consequent loss of competitive power. This failure, in turn, is seen to be the result of Government policies which, for the sake of a variety of short-term aims, sacrificed the future by deliberately inhibiting investment.
An up to date short study which examines the key debates on British economic performance since 1914. Rex Pope considers the indicators and measures involved in assessing economic performance and then looks at issues affecting the economy such as the role of government, British entrepreneurship, the state of world markets, the effect of the two world wars and the importance of cultural attitudes towards industry.
This book addresses the divide that exists between the reality of finance and the image it projects. A functioning financial system is an essential feature of a modern economy, providing it with money, credit, capital, and investments. Conversely, those who provide this essential service are neither respected nor trusted. The causes and consequences of this divide is explored using the British experience from 1800 to the present, drawing upon a mixture of factual evidence and contemporary fiction. Nothing of this scale has been attempted before and this is the product of 50 years of research.
This updated and revised edition outlines strategies and models for how to use technology and knowledge to improve performance, create jobs and increase income. It shows what skills will be required to produce, sell and manage performance over time, and how manual jobs can contribute to reduce the consumption of non-renewable resources.
This history of Britain since 1945 confronts two themes that have dominated British consciousness during the post-war era: the myth of decline and the pervasiveness of American influence. The political narrative is about the struggle to maintain a power that was illusory and, from 1960 on, to reverse an economic decline that was nearly as illusory. The British economy had its problems, which are fully analyzed; however, they were counterbalanced by an unparalleled prosperity. At the same time, there was a social and cultural revolution which resulted in a more exciting, dynamic society. While there was much American influence, there was no Americanization. American influences were incorporated with many others into a new and less stodgy British culture. Contrary to conventional wisdom, this groundbreaking book finds that the story of Britain since the war is marked not by decline but by progress on almost all fronts.
The authors use a long-wave framework to examine the historical evolution of British industrial capitalism since the late-18th century, and present a challenging and distinctive economic history of modern and contemporary Britain. The book is intended for undergraduate courses on the economic history of modern Britain within history, economic and social history, economic history and economic degree schemes, and economic theory courses.
"In addition to the story of Raleigh, the business activities of other leading bicycle firms, such as Rudge-Whitworth, Hercules, BSA, J.A. Phillips and BCC, the bicycle division of Tube Investments, are examined, to inform our understanding of the business evolution of the industry."--Jacket.
First published in 1989, this is the first of three volumes exploring the changing notions of patriotism in British life from the thirteenth century to the late twentieth century and constitutes an attempt to come to terms with the power of the national idea through a historically informed critique. This volume deals with the role of politics, history, religion, imperialism and race in the formation of English nationalism. In chapters dealing with a wide range of topics, the contributors demystify the prevailing conceptions of nationalism, suggesting ‘the nation’ has always been a contested idea, and only one of a number of competing images of collectivity.