European University Institute Library

Forging ahead, falling behind and fighting back, British economic growth from the industrial revolution to the financial crisis, Nicholas Crafts

Label
Forging ahead, falling behind and fighting back, British economic growth from the industrial revolution to the financial crisis, Nicholas Crafts
Language
eng
Bibliography note
Includes bibliographical references and index
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
Forging ahead, falling behind and fighting back
Nature of contents
bibliography
Oclc number
1024218466
Responsibility statement
Nicholas Crafts
Sub title
British economic growth from the industrial revolution to the financial crisis
Summary
"To what extent has the British economy declined compared to its competitors and what are the underlying reasons for this decline? Nicholas Crafts, one of the world's foremost economic historians, tackles these questions in a major new account of Britain's long-run economic performance. He argues that history matters in interpreting current economic performance, because the present is always conditioned by what went before. Bringing together ideas from economic growth theory and varieties of capitalism to endogenous growth and cliometrics, he reveals the microeconomic foundations of Britain's economic performance in terms of the impact of institutional arrangements and policy choices on productivity performance. The book traces Britain's path from the first Industrial Revolution and global economic primacy through to its subsequent long-term decline, the strengths and weaknesses of the Thatcherite response, and the improvement in relative economic performance that was sustained to the eve of the financial crisis"--, Provided by publisher"The book traces Britain's path from the first Industrial Revolution and global economic primacy through its subsequent long-term decline, the strengths and weaknesses of the Thatcherite response, and the improvement in relative economic performance that was sustained to the eve of the financial crisis"--, Provided by publisher
Table Of Contents
1. Introduction -- 2. The first Industrial Revolution -- 3. American overtaking -- 4. The interwar years: onwards and downwards -- 5. Falling behind in the Golden Age -- 6. From the Golden Age to the financial crisis -- 7. Concluding comments
Classification
Content