The Decline of the British Economy

The Decline of the British Economy

Book - 1986
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This book examines the decline of the British economy in terms of the structural rigidity of its economic institutions and the historic changes in the international economy. It argues that British institutions, in a 19th-century world economy characterized by competitive capitalism, were conducive to economic development, but that these same institutions posed a formidable obstacle to economic development in a 20th-century context of corporate capitalism. Specific issues covered include: the pre- and post-World War I steel industries, the shipbuilding and automotive industries, education, research and development, finance and industry, regional development, and the role of the state.
Publisher: Oxford : Clarendon Press ; New York : Oxford University Press, 1986
ISBN: 9780198284949
0198284942
Characteristics: vii, 310 p. ; 24 cm
Additional Contributors: Lazonick, William
Elbaum, Bernard

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