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Britain's Economic Prospects Reconsidered (Paperback)
Loot Price: R1,413
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Britain's Economic Prospects Reconsidered (Paperback)
Series: Economic History
Expected to ship within 12 - 17 working days
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This book is a sequal to Britain's Economic Prospects, the report
issued in 1968 by the Brookings Institution and universally
accepted as the most thorough and comprehensive study of the
British Economy to have ever appeared. Two years later, just after
the British General election, six fo the American economists who
prepared the Brookings Report met with a number of other leading
economists from Britain and the United States, at a weekend
conference at Ditchley Park, to review the findings of the report.
Papers submitted to the conference by four of the British
Economists (R.C.C. Matthews, G.D.N. Worswick, E.H. Phelps Brown and
M.V. Posner) covered the same ground as the Brookings Report - the
role of demand management, trade and balance-of-payments problems,
labour policies, and industrial policies. The conference also had
before it a fifth paper, on fiscal policy and stabilization, which
took issue with some of the views expressed in the Brookings
report. These papers form the core of this book, which also
contains an account of the conference discussions and concluding
reflections by its Chairman, Sir Alec Cairncross, formerly Chief
Economic Adviser to H.M. Government. Britain's Economic Prospects
Reconsidered is neither a detailed critique of the Brookings Report
nor a rejoinder to it, but rather an attempt to reassess British
performance and policies in the light of experience since
devaluation. Its central concern is the question of why economic
growth in Britain since the war has been slower than in other
countries. This book was first published in 1971.
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