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Frances Cairncross, senior editor of The Economist and author of
the best selling Costing the Earth, shows that economic growth does
not have to be at the expense of environmental protection. For the
poor, growth is essential, to eliminate the threats to health and
environmental security that poverty presents. As for the more
affluent, they may be unwilling to sacrifice their living
standards, even for a cleaner environment. The question is, rather,
how can the environmental impact of growth be minimized? Here, the
role of business is crucial. New technologies and well-designed
policies have to work hand in hand; and the interests of
governments, of companies and of the environmental movement lie in
making a cleaner environment an opportunity for profitability. All
three parties will find this a stimulating survey and an invaluable
practical guide.
Using highly-readable, non-technical language, the authors, both
professional economists, describe all the major global economic
forces at work in the 1970s and forecast the kind of future which
such forces are creating (and which has indeed been the case).
Inflation and recession, an energy crisis, international monetary
disorder and a food crisis in the developing world are all
discussed.
The 1960s were a turning point for postwar economic policy. They
were the high point of along boom that ran from the end of the
Second World War to the oil crisis in 1973. But they also saw the
beginning of persistent and high levels of unemployment and
inflation that have plagued the economy ever since. In this book,
politicians, senior officials and well-known economists from
several countries, including James Callaghan, Roy Jenkin, Robert
Solow and Charles Kindleberger, discuss economic and social policy
in the 1960s and its consequences.
Originally published in 1985, Capital City: London as a Financial
Centre proves in depth analytical description of the financial
institutions of the City of London. The book describes in detail
the operations of the banks, the stock market, the insurance world
and other bodies that make up the world's largest international
financial centre. The book also answers a series of questions on
the City's performance, accountability and honesty and explains how
the City reached its present position, discuss its future.
Using highly-readable, non-technical language, the authors, both
professional economists, describe all the major global economic
forces at work in the 1970s and forecast the kind of future which
such forces are creating (and which has indeed been the case).
Inflation and recession, an energy crisis, international monetary
disorder and a food crisis in the developing world are all
discussed.
Originally published in 1985, Capital City: London as a Financial
Centre proves in depth analytical description of the financial
institutions of the City of London. The book describes in detail
the operations of the banks, the stock market, the insurance world
and other bodies that make up the world's largest international
financial centre. The book also answers a series of questions on
the City's performance, accountability and honesty and explains how
the City reached its present position, discuss its future.
Frances Cairncross, senior editor of The Economist and author of
the best selling Costing the Earth, shows that economic growth does
not have to be at the expense of environmental protection. For the
poor, growth is essential, to eliminate the threats to health and
environmental security that poverty presents. As for the more
affluent, they may be unwilling to sacrifice their living
standards, even for a cleaner environment. The question is, rather,
how can the environmental impact of growth be minimized? Here, the
role of business is crucial. New technologies and well-designed
policies have to work hand in hand; and the interests of
governments, of companies and of the environmental movement lie in
making a cleaner environment an opportunity for profitability. All
three parties will find this a stimulating survey and an invaluable
practical guide.
From the perspective of the 1990s, the 1960s seem an economic
golden age. National income was growing even faster than in the
1950s; unemployment remained around 2 per cent of the labour force
and inflation was at 4 per cent for most of the decade. The decade
marked the peak of the long boom that began at the end of the
Second World War and was to continue until the oil crisis of 1973.
Prosperity was linked with social change in many forms, including
the relaxations in the law that contributed to the arrival of the
"permissive" society, the founding of many new universities and the
first attempts to join the European Community. In "The Legacy of
the Golden Age", a team of economists and policy-makers examine the
conditions that enabled the boom to last so long, and the factors
that finally brought it to an end. The economic problems that had
developed by 1970 are still very much on the agenda and the book
concludes by assessing the extent to which policy mistakes in the
1960s were responsible for these problems. This book should be of
interest to academics, postgraduates and undergraduates in
economics, politics and economic history.
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