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ADJUSTING FROM WAR TO PEACE IN 1940S BRITAIN

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UNSPECIFIED (1993) ADJUSTING FROM WAR TO PEACE IN 1940S BRITAIN. In: Irish-Economic-Association 7th Annual Conference, MAY 14-16, 1993, GALWAY, IRELAND.

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Abstract

Most assessments of British economic policy in the transition from war to peace after 1945 praise the strategy adopted. This paper draws on recent growth theory and analysis of eastern European liberalisation to argue that British policy was seriously flawed. In particular, a heavy price was paid for the social contract and delayed liberalisation in the 1945-55 period in terms of subsequent growth and productivity performance. Policy choices, notably with regard to taxation and industrial relations, were, however, heavily constrained by political circumstances.

Item Type: Conference Item (UNSPECIFIED)
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HM Sociology
Journal or Publication Title: ECONOMIC AND SOCIAL REVIEW
Publisher: ECONOMIC SOCIAL RESEARCH INST
ISSN: 0012-9984
Date: October 1993
Volume: 25
Number: 1
Number of Pages: 20
Page Range: pp. 1-20
Publication Status: Published
Title of Event: Irish-Economic-Association 7th Annual Conference
Location of Event: GALWAY, IRELAND
Date(s) of Event: MAY 14-16, 1993
URI: http://wrap.warwick.ac.uk/id/eprint/20894

Data sourced from Thomson Reuters' Web of Knowledge

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