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Item Details
Title: BRITAIN'S ECONOMIC PROBLEM REVISITED
By: Robert Bacon, Walter Eltis
Format: Hardback

List price: £122.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 033364770X
ISBN 13: 9780333647707
Publisher: PALGRAVE MACMILLAN
Pub. date: 22 April, 1996
Pages: 256
Description: This 1996 edition on Britain's economic status includes an assessment of the impact of the policies of successive Conservative governments to bring British public expenditure under control. It also provides an explanation of the decline of the British economy.
Synopsis: This 1996 edition of Britain's Economic Problem opens with a substantial new chapter, 'Bacon and Eltis after 20 Years', in which the authors assess the impact of the policies of successive Conservative governments to bring British public expenditure under control. They also develop their theory and apply it to Sweden which has experienced the greatest increase in public expenditure of any European economy. This edition includes a complete reprint of the 1978 second edition of Britain's Economic Problem: Too Few Producers which Harry G. Johnson described as 'interesting, both for its explanation of 'the British disease' and for the economic-theoretical foundations on which its analysis is based'.The original book provided a new explanation of the decline of the British economy which showed how a growing shift of Britain's resources from the production of goods and services which can be marketed at home and overseas to the provision of unmarketed public services simultaneously:- reduced the rate of growth and weakened the balance of payments - reduced investment and the economy's ability to provide productive jobs - fuelled the accelerating inflation and obstructive trade union behaviour from which Britain suffered.
Illustrations: biography
Publication: UK
Imprint: Palgrave Macmillan
Returns: Returnable
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