The period between the two World Wars was remarkable; mass
unemployment, protectionism, diverse exchange rate regimes, the
disintegration of world trade, poor growth prospects and high
business cycle volatility. This comprehensive textbook surveys key
questions arising from the British economy from 1919 to 1939: Why
was unemployment so high? Did a fast transition to the pre-1913
gold parity lead to a low growth equilibrium? Why were interwar
business cycles so volatile? Did tariffs stimulate economic
recovery in the 1930s? A comparative approach is adopted
throughout. For example, the question of gold parity is contrasted
with countries that allowed their currencies to depreciate. The
book is aimed primarily at students studying economic history. The
book continually applies economic theory to historical examples
enabling students to evaluate the relevance of competing
theoretical frameworks.
General
Imprint: |
Cambridge UniversityPress
|
Country of origin: |
United Kingdom |
Release date: |
April 1996 |
First published: |
1996 |
Authors: |
Solomos Solomou
|
Dimensions: |
229 x 152 x 12mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
208 |
Edition: |
New |
ISBN-13: |
978-0-521-43621-2 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
LSN: |
0-521-43621-4 |
Barcode: |
9780521436212 |
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