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Full Description
A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.
Contents
1. Economic growth during the long twentieth century Nicholas Crafts; 2. From empire to Europe: Britain in the world economy Kevin O'Rourke; 3. Population, migration and labour supply Tim Hatton; 4. Health and welfare Bernard Harris; 5. Income and living standards Ian Gazeley; 6. Technology, innovation and economic growth Tom Nicholas; 7. Consumption and affluence Avner Offer; 8. Cycles and depressions Matthias Morys; 9. The City and the corporate economy David Chambers; 10. Armaments and the economy Jari Eloranta; 11. The deindustrial revolution: the rise and fall of UK manufacturing, 1870-2010 Michael Kitson and Jonathan Michie; 12. The rise of the service sector Steve Broadberry; 13. The household economy Peter Scott; 14. Growth of the public sector Bob Millward; 15. Soft power: the media industries Gerben Bakker; 16. Sterling and monetary policy Catherine Schenk; 17. Economic policy and management Roger Middleton; 18. Economic ideas and ideology Roger Backhouse and Keith Tribe.
